President Muhammadu Buhari has in a show of confidence boasted that his administration has lifted five million Nigerians out of extreme poverty in three years.
President Muhammadu Buhari, who was represented by Boss Mustapha, secretary to the government of the federation (SGF) made the remark at the opening of the global youth employment forum of the International Labour Organisation (ILO) in Abuja on Thursday, Buhari said this was achieved through the National Social Investment Programme (N-SIP).
Mustapha said N-SIP has produced positive outcome in the enrollment of children in schools.
He said the government understands the need to focus on youth empowerment to create employment.
“We note at this point that the issue of youth unemployment has assumed a global significance, and on the front burner of development discourse,” he said.
“The government of Nigeria understands the need to focus attention on youth empowerment by creating the enabling environment for job opportunities and capacity building.
“The present administration from the onset, made the investment in our people, one of the key goals of the Economic Recovery and Growth Plan, which is the national development blueprint from the period of 2017 to 2020.
“The implementation of the plan also has the flagship programme such as the National Social Investment Programme (NSIP).
“It has yielded some measurable outcomes in the form of increased school enrolment and the creation of more jobs.
“One of the key components of the NSIP is the N-Power programme and its sub-components has led to the creation of job opportunities in different sectors of the economy for young persons.
“For example, in the past three years, the programme has yielded over 2 million direct and indirect employment opportunities and has lifted over 5 million Nigerians out of extreme poverty.”
In 2018, the world poverty clock announced Nigeria as home to the most extreme poverty in the world overtaking India in the process.