Friday, April 26, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Mua’zu Sambo: FG will lift 35 million Nigerians out of poverty by 2025

Mua’zu Sambo: FG will lift 35 million Nigerians out of poverty by 2025
October 29
11:37 2022

Muazu Sambo, the minister of transportation, says the federal government will generate 21 million jobs and lift 35 million people out of poverty by 2025.

In a statement by Sam Idiagbonya, the minister’s media aide, Sambo spoke on Friday at the ongoing 2022 ministerial retreat in Uyo, Akwa Ibom.

The minister said the transportation sector will set the stage to achieve this.

He said infrastructural gaps in the sector necessitated the creation of national development plans; medium-term development plans 2021-2025 and a long-term plan called the Nigeria agenda 2050.

Advertisement

“This is to invest massively in infrastructure, ensure macroeconomic stability, enhance the investment environment, improve living conditions and implement climate change mitigation,” he said.

“This will generate 21 million full-time jobs and lift 35 million people out of poverty by 2025, thus setting the stage for achieving the government’s commitment of lifting 100 million Nigerians out of poverty in 10 years.

“The plans are aimed at accelerating the growth of the transportation sector in the country with a strategic medium-term vision statement.

Advertisement

“I am well aware that you are all conversant with these high-level goals, as they have become a blueprint for tracking performance towards the delivery of our mandates.

“They have also helped in addressing the bottlenecks militating against the growth of the transportation sector and stimulating domestic growth.”

In July, President Muhammadu Buhari unveiled his administration’s plans to lift 100 million Nigerians out of poverty by 2030.

Advertisement

Click on the link below to join TheCable Channel on WhatsApp for your Breaking News, Business Analysis, Politics, Fact Check, Sports and Entertainment News!

Tags

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment

error: Content is protected from copying.