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Information Ministry To Create 2million Jobs In Next 3 Years – Lai Mohammed

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Lai Mohammed

Information Ministry To Create 2million Jobs In Next 3 Years – Lai Mohammed

The Minister of Information and Culture, Alhaji Lai Mohammed, says his ministry will create two million additional jobs within the next three years in line with the Buhari administration’s determination to move 100 million Nigerians out of poverty.

Mohammed made this known to State House correspondents at the end of the sixth virtual meeting of the Federal Executive Council (FEC), presided over by President Muhammadu Buhari at the State House, Abuja, on Wednesday.

The News Agency of Nigeria (NAN) reports that the minister had earlier presented to the Council, the Ministerial Performance Report of the ministry, covering the period Aug. 2019 to June 2020.

According to the minister, the Cultural Industrial Centres, which are scattered all over the country, are capable of creating 500,000 jobs within the next three years, as the nation can have some 100,000 jobs from the restoration of museums, especially in Lagos, Plateau and Kwara.

He said: “But the good news, as contained in today’s presentation, is that the Ministry of Information and Culture is set to create over 2 million jobs within the next three years.

“We are doing this through the implementation of deliverable number seven, which mandates us to collaborate with the private sector to create jobs for the youth.

“The number one job creator under the Ministry of Information and Culture is the Digital Switch Over (DSO) in broadcasting, which is set to create one million jobs in the next three years through the manufacturing of set-top-boxes (decoders) and TV sets, TV and Film production, as well as TV and Online advertising and Data, among others.”

According to minister, the DSO will also fetch 100 million dollars from the collection of TV licences and Digital Access Fess, as well as one billion dollars from the sale of the spectrum that would be vacated once the Analogue to Digital migration has been completed.

He disclosed that the ministry had so far rolled out the DSO in five states (Enugu, Osun, Kwara, Kaduna and Plateau) as well as the Federal Capital Territory, while efforts had been intensified to extend the rollout to all parts of the country.

Muhammad, who noted that the negative impact of COVID-19 on the economy had affected all sectors in Nigeria and around the world, said the Creative Industry had been hit harder than any other sector.

According to him, this is so because the industry is the most people-centred, and with social distancing and the ban on mass gathering, the industry is now grappling at straws.

He explained that the ongoing reform of the Broadcast and Advertising Industries was aimed at strengthening the industries so they could live up to their billing and generate more job opportunities.

The minister expressed optimism that the ongoing reform in the broadcast industry would, among others, propel revolutionary advantages in the area of promoting entrepreneurship in the local industry.

“As for the Advertising Sector, bringing Nigeria’s TV advertisement market to what it should be, which is three times its current size, could result in additional $200-400 million dollars revenue to the industry, in addition to creating thousands of jobs,’’ he said.

The Minister of the Federal Capital Territory (FCT), Alhaji Muhammad Bello, who also addressed the correspondents on the outcome of the meeting, said the Council approved about N6.7 billion for the construction of roads in Abaji Area Council of the FCT.

He revealed that the N4.6 billion of the amount would be expended on the construction of a road linking Yaba to Gurdi road in the area, while the remaining N2.1 billion would be spent on the third phase of the construction of township road within the Abaji city centre.

The minister said: “During the Federal Executive Council, I presented two memos on the FCT and both were on infrastructure projects in the satellite towns.

“The first one is the award for the construction of a road linking Yaba to Gurdi road in Abaji Area Council and that contract was approved for N4,648,255,381.42 with a completion period of 20 months.

“Already the company is constructing the road linking Yaba town to the main Abuja-Lokoja expressway; so this road is meant to open up the rural community which is very agrarian with a lot of water resources. As a matter of fact, it is the area where we usually have the FCT fishing festival.

“The second contract is for the third phase of the construction of roads within the city of Abaji which is in the southern tip of the FCT.

“This is about 8.4 kilometres and is intended to complete and complement the other roads that are already there.

“The contract is in the sum of N2,128,176,102.50 with a completion period of six months and this will upgrade the infrastructure in Abaji town.”

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On his part, the Minister of Aviation, Sen. Hadi Sirika, disclosed that the Council approved N2.2 billion for the extension of the runway at the Murtala Mohammed International Airport, Lagos.

According to him, the approval will serve as a revised estimated total cost for the project.

He said: “Today in Council, Aviation presented a memo for a revised estimated total cost for the extension and asphalt overlay of the Murtala Mohammed Airport runway, which was re-scoped to reconstruct and rehabilitate the taxiway bravo.

“The sum involved is N2,272,838,724.84 and it has completion of twelve months.’’

Sirika said the extension and rehabilitation of the runway was essential for the smooth operation of the airport, saying the project when completed would improve the safety of the airport.

“This central taxiway bravo is very critical to the operations of Lagos; it improves the efficiency and safety of that particular airport.

“It has been abandoned for the last 16 years or thereabout and in our own efforts to ensure that all projects are completed for the benefit of the country, its future and its fortune, in the wisdom of the Council chaired by the President, we approved that project.

“God willing that project will be delivered by this time next year,” he said. (NAN)

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Labour Force

Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

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Kogi Governor Approves Implementation of N30,000 Minimum Wage for workers

Kogi state governor, Yahaya Bello, has approved the implementation of N30,000 as minimum wage for the workers in the state.

 

The secretary to the state government, Folashade Ayoade disclosed this on Tuesday after an extensive meeting with the organized labour in Lokoja

 

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She blamed the delay in the implementation on the inability for the committee to meet regularly due to the covid-19 pandemic which has been overcome.

 

The SSG equally commended the organised labour for their understanding and patience, which she said has resulted into the signing of the implementation of the new minimum wage.

Read Also: FCTA Set to Implement Minimum Wage for FCT Workers

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Finance

CBN to End Forex Sales to Commercial Banks in 2022

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Author: Eunice Johnson, Abuja 

The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the end of 2022. CBN Governor Godwin Emefiele made this known in Abuja on Thursday at the end of the Bankers’ Committee Meeting where he also introduced the RT200 Programme.

 

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Emefiele said the time had come for the banks to go out there and source for forex by funding entrepreneurs with ideas. The CBN, Emefiele said, will support the banks by granting rebates and other support until the banks find their feet in sourcing their forex by themselves.

He also disclosed that the apex bank’s policies and measures have led to a significant improvement in diaspora inflow from an average of US$6 million per week in December 2020 to an average of over US$100 million per week by January 2022. He added that the CBN would be reviewing these intervention programmes going forward to ensure that they continue to achieve the desired results.

He said international bodies, including some embassies and donor agencies, have been complicit in illegal forex transactions that have hindered the flow of foreign exchange into the country.

 

Read Also: CBN Encourages Nigerians to Accept E-Naira

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Customs Corner

Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command

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Customs CG Deploys 37 Comptrollers as Comptroller Attah Heads Kebbi Command

Author: Gift Wada, Abuja

The Comptroller General of Customs Col. Hameed Ibrahim Ali (Rtd.) has approved the deployment of 37 Comptrollers to various Units, Departments and Commands across the country.

This was disclosed in a release signed on Tuesday by the Customs Deputy National, DC Timi Bomodi for the Comptroller General of Customs.

Among those deployed are the present National PRO of Customs Comptroller Joseph Attah who will assume the office of Area Controller of Kebbi Command, Comptroller AAS Oloyede who shall be moving from ICT/MOD to Tin Can Island Port Command, while Comptroller SI Bomoi to FCT Command. Other postings are Comptroller BA Jaiyeoba to Oyo/Osun Command, Comptroller A Dappa-Williams to Eastern Marine Command, Compt. MA Umar Kano/Jigawa, Compt. KC Egwuh ICT/MOD, Compt. LM Mark Enugu/Anambra/Ebonyi, Compt. T Tachio CTC Kano, Compt. AA Umar Western Marine, Compt. M Dansakwa North Eastern Marine, Compt. AC Ayalogu T & T and Compt. KD Ilesanmi will assume duty as Comptroller Board among others.

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Ali in postings released on 7th of February, charged the newly posted Comptrollers to justify the confidence reposed in them by NCS Management by bringing to bear their years of experience and training in trade facilitation and anti-smuggling activities on their new assignment.

 

Given the enormous expectations of government regarding revenue generation in the current year, the Comptroller General reiterated the need for all Area Controllers and Unit heads to take full charge of the affairs of their Commands by ensuring absolute compliance with extant fiscal policies while leveraging on the efficient management of data to optimize trade facilitation and revenue collection.

Furthermore, the CGC directed all officers to be extremely vigilant in protecting the lives and wellbeing of Nigerians by ensuring the full fortification of our borders against the incursion of smugglers and other cross border criminals.

Read Also:

Customs Raises Concerns over Finance Act as Senate Sets N3trn Target for Revenue Agencies

Comptroller Ali Ibrahim Assumes Duty as New Customs FOU Zone ‘C’ Boss

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