Sunday, December 22, 2024

Nigeria’s Labour Ministry Broadens Focus to Spur Economic Growth

The Federal Ministry of Labour and Employment in Nigeria is taking on a broader mandate, aiming to actively contribute to economic enhancement and job creation, stepping beyond just mediating industrial disputes. This new direction comes as part of the Tinubu administration’s commitment to tackling unemployment.

During a visit from the Labour Correspondents Association of Nigeria, Permanent Secretary Ismaila Abubakar expressed the ministry’s intention to make a meaningful difference in Nigerians’ lives through the President’s renewed economic plan.

Abubakar stated, “The Ministry is poised to make greater impact in the lives of Nigerians through the renewed hope agenda of the President Tinubu administration, which is committed to ensuring that employment opportunities are created for the unemployed Nigerians.”

His emphasis was that it is important to address the challenge of poor budgetary allocation which would help the Ministry to implement employment-focused programmes effectively.

READ MORE: Corruption Charges Dismissed Against Malawi’s Vice President Saulos Chilima

While the Ministry is well-known for addressing disputes between the government and labour unions, the expansion into economic and employment arenas marks a strategic pivot. Part of this expansion includes the Labour Employment and Empowerment Programme (LEEP), which helps young graduates, school leavers, and artisans develop employability skills.

Abubakar called attention to the ministry’s budgetary constraints, suggesting that increased funding is essential to renovate skill acquisition centres and foster training in sectors like agriculture, ICT, and entrepreneurship. He called on the media to showcase these challenges and provide feedback that could enhance the Ministry’s strategies.

Abulu Patrick, Acting Chairman of LACAN, acknowledged the Association’s willingness to support the Ministry’s initiatives, indicating a joint effort towards socio-economic advancement in the country.

Hot this week

FG Slashes Import Duty and VAT on Gas Equipment to Spur Energy Transition

The Nigerian government has announced a policy eliminating import...

2025 Budget: FG Sets N27bn Aside for Obasanjo, Buhari, Gowon, and Others

The Nigerian government has earmarked N27 billion for the...

Budget of Restoration: Tinubu Aims for Economic Stability with N49.7trn Proposal

President Bola Ahmed Tinubu has unveiled a N49.7 trillion...

CBN Limits PoS Transactions to N1.2m Daily in Cashless Push

The Central Bank of Nigeria (CBN) has introduced a...

U.S. Announces $230 Million in New Aid for Sudan Amid Humanitarian Crisis

The United States has pledged an additional $230 million...

Peter Obi Offers to Fulfill Bail Conditions for Activist Dele Farotimi

Former Anambra State Governor, Peter Obi, has pledged to...

2025 Budget: FG Sets N27bn Aside for Obasanjo, Buhari, Gowon, and Others

The Nigerian government has earmarked N27 billion for the...

Apple Denies DRC Claims, Faces Legal Challenges Over Conflict Minerals

Apple has denied claims by the Democratic Republic of...

Yahaya Bello Regains Freedom After Meeting Bail Terms

Former Kogi State Governor Yahaya Bello was released from...

U.S. Announces $230 Million in New Aid for Sudan Amid Humanitarian Crisis

The United States has pledged an additional $230 million...

Stampede at Ibadan Event Leaves 35 Dead, Families Devastated

At least 35 children lost their lives in a...

Nigeria’s Supreme Court, 14 MDAs Fail 2024 Ethics Test, ICPC Report Reveals

The Independent Corrupt Practices and Other Related Offences Commission...

Hackers Breach Nigeria’s Statistics Website, Disrupt Access to Vital Data

Nigeria's National Bureau of Statistics (NBS) is scrambling to...

Related Articles

Popular Categories