News

Senate c’ttee lauds Buhari on employment, economic dev

By Tunde Opalana, Abuja

Chairman, Senate Committee on Employment, Labour and Productivity, Senator Benjamin Uwajumogu has commended President Muhammadu Buhari’s economic development agenda leading to current rise in employment figures in the country.

Sen. Uwajumogu gave the commendation in a statement he issued on Sunday in Abuja, while reacting to the July purchasing index report of the Central Bank of Nigeria.

He said the index which showed sustained rise in employment levels index for 27 consecutive months was an indication of economic policies of the federal government and was yielding sustainable development and dividends for citizens.

The senator said the employment data was an indication of the success of the Economic Growth and Recovery Plan (EGRP) of the federal government, which is expanding the economic frontiers in different sectors.

He recalled that recently, an international economic rating agency based in the USA, Fitch Solution predicted a 2.3 per cent growth in the country’s GDP.

Uwajumogu, who represents Imo North Senatorial District, said the favourable prediction is an indication of a brighter economic outlook for Nigeria, as more foreign direct investments would come into the country’s economy leading to increase in employment and productivity.

He assured that the 9th Senate of the National Assembly would cooperate with relevant government agencies to sustain the economic policies, adding that through effective legislation and oversight responsibilities, the lawmakers would drive improved employment opportunities for the growing young population.

Related Posts

Leave a Reply