Would you like to receive notifications on latest updates of the following headlines?

Poor Budget Affecting Employment Drives – Perm Sec

POSTED ON May 6, 2024 •   Business      BY Abiodun Saheed Omodara
Permanent Secretary, Federal Ministry of Labour and Employment, Ismaila Abubakar l Credit: Facebook

The Permanent Secretary, Federal Ministry of Labour and Employment, Ismaila Abubakar, has said the poor budgetary allocation to the ministry was a major factor hindering the effective implementation of programs that would engage the teeming unemployed youths in the country.

Abubakar who made the disclosure when he met with the leadership of the Labour Correspondents Association of Nigeria (LACAN) in Abuja, noted despite the financial constraints, the Ministry was poised to make a greater impact in the lives of Nigerians through the renewed hope Agenda of the President Tinubu administration which was committed to ensuring employment opportunities were created for unemployed Nigerians.

He said: “The Ministry is geared to go beyond conciliation of industrial crisis between the Federal Government and labour unions to playing a bigger role in enhancing the growth of the economy.’

The Permanent Secretary hinted that the recently launched Labour Employment and Empowerment Program (LEEP) was one of the innovative ideas initiated by the Minister of Labour and Employment, Nkeiruka Onyejeocha, to develop various employability skills for young graduates, school leavers and artisans amongst others.

He however said, “Poor budgetary allocation is a major constraint that would impede the Ministry’s efforts if the trend is not reserved.

“At the moment, our skill acquisition centres across the country are all dilapidated and in need of a major facelift. These centres are the hub for training young and old Nigerians on agro-allied value chain development, information communication technology, crafts, entrepreneurship and other critical skills that will advance their fortunes in life. With the sort of allocations received by the ministry, it is difficult and almost impossible to revive these centres.”

While urging the Media to beam its light on the challenges facing the Ministry, he noted that the Minister of Labour and Employment, Nkeiruka Onyejeocha, was relentlessly pushing for an enhanced budgetary allocation to the Ministry.

The Permanent Secretary, charged the journalists not to hesitate to advise the ministry on specific areas that officials might not be getting it right in terms of planning and coordination, adding that the growth and advancement of the country will benefit all Nigerians.

 

READ ALSO
German eye Nigeria's mineral wealth as foreign direct investments surge
BY Abiodun Saheed Omodara April 3, 2025 0

Ongoing initiatives to draw in Foreign Direct Investments (FDIs) seem to be bearing fruit, as certai...

READ ALSO
FG signs $174.6M agreement with UNIDO to enhance Nigeria's industry
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government and the United Nations Industrial Development Organisation (UNIDO) have enter...

READ ALSO
FG signals tough stance on underdeveloped Oilfields, calls for strategic IOC investments
BY Abiodun Saheed Omodara April 2, 2025 0

The Federal Government expressed its worries on Tuesday about the growing number of idle and underde...

READ ALSO
Fuel prices expect to fall below N750 by Year-End - NIPSS
BY Abiodun Saheed Omodara April 2, 2025 0

The National Institute for Policy and Strategic Studies (NIPSS) has said that with Dangote Refinery...

READ ALSO
CBN's strategic policies lead to significant increase in Nigeria's Net FX reserves
BY Abiodun Saheed Omodara April 2, 2025 0

Nigeria's net foreign exchange reserves (NFER) stood at $23.11 billion at the conclusion of the prev...

READ ALSO
NSIA reports ₦3.74Trn profit, celebrating 12 years of continuous profitability
BY Abiodun Saheed Omodara April 1, 2025 0

ABUJA, Nigeria - THE Nigeria Sovereign Investment Authority (NSIA) reported generating approximately...

READ ALSO
Insurance leaders advocate for AfCFTA adoption to drive economic progress
BY Abiodun Saheed Omodara March 21, 2025 0

Stakeholders within the insurance sector have urged operators to capitalize on the African Continent...

READ ALSO
Nigeria's Debt Soars: To exceed N155 Trillion by 2025 amidst economic strain
BY Abiodun Saheed Omodara March 21, 2025 0

The United Nations Conference on Trade and Development (UNCTAD) has indicated that many countries, p...

OUR CHANNELS:

Lagos faces severe traffic chaos as Independence Bridge repairs begin after Sallah holiday
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, NIGERIA - Lagos residents faced a challenging situation yesterday as they returned to work fo...


FG signs $174.6M agreement with UNIDO to enhance Nigeria's industry
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government and the United Nations Industrial Development Organisation (UNIDO) have enter...


U.S. shows highest anxiety over AI Job loss amidst technological advancements
BY Abiodun Saheed Omodara April 3, 2025 0

Despite its advanced status, research indicates that the United States of America (USA) has the high...


Bayelsa communities threaten to halt oil production over security contract dispute
BY Abiodun Saheed Omodara April 3, 2025 0

BAYELSA, Nigeria - Nigeria’s struggling oil output may be on the brink of another crisis as co...


NITDA Partners Afrovision technologies to bridge job gap for Nigeria’s Tech Talent
BY Abiodun Saheed Omodara April 3, 2025 0

In an effort to tackle the ongoing challenge of job placement for Nigeria’s expanding tech tal...


Falana advocates for accountability and rule of law
BY Abiodun Saheed Omodara April 3, 2025 0

Human rights Lawyer, Femi Falana (SAN), has called on Nigerians to seek accountability from their le...


FG signals tough stance on underdeveloped Oilfields, calls for strategic IOC investments
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government expressed its worries on Tuesday about the growing number of idle and underde...


OpenAI valuation hits $300 billion after SoftBank-led fund
BY Abiodun Saheed Omodara April 3, 2025 0

The Japanese telecommunications company, alongside a group of investors, has recently announced yet...


Fuel prices expect to fall below N750 by Year-End - NIPSS
BY Abiodun Saheed Omodara April 3, 2025 0

The National Institute for Policy and Strategic Studies (NIPSS) has said that with Dangote Refinery...


Nigeria imposes N20m fine, 10-Year Jail Term for Ponzi scheme offenders
BY Abiodun Saheed Omodara April 2, 2025 0

The Securities and Exchange Commission (SEC) has stated that promoters and operators of Ponzi scheme...


More Articles

Load more...

Menu