The Vice President of Nigeria, Prof Yemi Osinbajo has said that through the Economic Sustainability Plan, the Federal Government’s focus is to save jobs and create new ones, while there is a survival fund and payroll support for artisans, private school teachers and small businesses. He made this known while responding to questions from Journalists at the Nigerian Bar Association Conference in Abuja on Thursday, he said Federal Government key worry was how this COVID-19 pandemic would affect jobs.
He said Government is compiling data, as the criteria is already set. “There are plans also for other sectors including the hospitality and aviation sector”. Talking about Economic, Prof Osinbajo said in comparison to other economies Nigeria have fared better. “We however recognize that there is a severe decline. The Economic Sustainability Plan is our response to that and we will focus on local industry, local resources and local production.
He added that for the Agriculture, Government have registered farmers using the GIS system, tied them to big agric businesses, provided some financing as Government will be final offtakers for their produce. “This is to ensure that local production goes on”. As regards Housing, the Vice President said eleven State Governments have provided land and these houses are to built by young engineers, architects and artisans. “We hope to build thousands of 2-bedroom apartments for about 2 Million Naira each”.
He noted that he is incredibly grateful for the opportunity to serve Nigeria and right now he has focused on doing just that. “There are issues to be tackled and that has my undivided attention”.