Vice President Kassim Shettima said the country’s economy is starting to improve and will recover in the coming months.
Shettima gave this assurance on Saturday at the launch of the Nasarawa State Human Capital Development Strategy Paper and Gender Transformative Human Capital Development Policy Framework held in Lafia, the state capital.
He said the expansion of the informal sector and low labor force participation caused by Nigeria’s staggering unemployment rate must be reversed.
The Vice President said this was an unfavorable social impression that the Human Capital Development (HCD) program under the President Bola Tinubu administration was designed to avoid.
He stressed that Tinubu’s administration aims to equip Nigerians with globally competitive skills and enable Nigerian workers to excel in the domestic and international job market. .
Nasarawa State’s commitment to the nation’s lifeblood Human Capital Development (HCD) program is built on a collective recognition that enough is enough.
We’ve had enough of the cycles that have held us back. The legacy of unplanned high birth rates and alarming maternal mortality and under-five mortality rates is long gone.
” There are enough vulnerable people facing shortened lifespans. There is ample dire data about our education system: average years of schooling, high student-to-teacher ratios, and alarming numbers of young people not in employment, education, or training.
“Unemployment, the growth of the informal sector and low labor force participation rates must be reversed,” Shettima said.
Shettima said the release of the blueprint for the future of Nasarawa State reaffirms his administration’s shared belief that the nation’s path forward lies in solutions tailored to the unique realities of each state.
He regretted the tragic reality that the ECOWAS region ranks last in the global human capital development index.
Ruqaya El-Rufai, Special Assistant to the President on National Economic Council (NEC) and Climate Change, said the program was announced in 2018.
He added that the program aims to address poverty, promote socio-economic growth and improve human capital across the country.
(South)
