FG to save 5 million jobs from Post-COVID-19 Economic Plans

The Federal Government is seeking to create and save about five million jobs from its post COVID-19 economic recovery plans.

In a statement, the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo explains that one-point-four million jobs will be saved with 40 percent of them in female-owned MSMEs and 10 percent in businesses belonging to people with special needs.

Otunba Adebayo said the move is part of his ministry’s input in playing a leading role in the Federal Government’s delivery of Real Sector interventions of its Economic Sustainability Plan in the wake of the global pandemic.

He stated the programmes to include the MSME Survival Fund, The Guaranteed Offtake Stimulus Scheme and the Credit Support to MSMEs and Priority Sector.

The Minister of Industry, Trade and Investment added that the programmes had been designed with a robust governance structure and a monitoring and evaluation framework to ensure their successful implementation.

Patience Olumati

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