Vice President Yemi Osinbajo on Wednesday unveiled the economic blueprint of President Muhammadu Buhari, stating that the Federal Government would invest more in social sectors to reduce poverty.
Osinbajo, while speaking at the 45th Annual Accountants Conference and 50th Anniversary celebration of the Institute of Chartered Accountants of Nigeria, said the government would be investing more in the people, education, and job creation.
Other areas where investment would be stimulated are national school feeding scheme, conditional cash transfer and reflating the economy of the states to boost development.
Speaking on the topic ‘Repositioning Nigeria for Sustainable Development: From Rhetoric to Performance’, he said the multiplier effects of the introduction of the scheme would help to create 1.14 million new jobs; increase food production by up to 530,000 metric tonnes per annum as well as attracting fresh investments of up to N980bn.
He said while some of the economic blueprint had already been put in place by the Buhari administration, including the bailout package for the workers in the country, others were currently being worked out.
Osinbajo added,  “One of the most important interventions required in the education sector is capacity building to improve teacher quality. This programme is intended to drive teachers capacity development; boost basic education; attract talents to the teaching profession. Better educated population increase economic potential for productivity.”
He reiterated that the All Progressives Congress  “has made a commitment to provide one-meal-a day for all primary school pupils that will create jobs in agriculture, including poultry, catering and delivery services.”
While stating that although Nigeria had recorded rising oil prices, Gross Domestic Product and foreign reserves during the previous administrations,  he lamented that unemployment had remained on the rise at the same time.
This, according to him, has made it clear that such figures, including a rise in revenue by itself, does not create jobs or significantly reduce poverty level in the country.
The Vice President stated, “The growth recorded in the past 16 years did not translate into job creation and poverty reduction for Nigerians. So, why are most (of our people) poor despite rising revenues and GDP growth?
“Our main revenue earners, the extractive oil and gas economy, do not by themselves create many jobs. Such is the irony of a top-down economic model, when the major revenue earner is extractive and the value chain is poorly developed.”
On the conditional cash transfer programme, Osinbajo said this was another avenue for alleviating poverty.
He explained that the programme was intended to support the 25 million poorest households to embrace vaccination, education and production.
The multiplier effects of the introduction of the programme, he noted, would include lifting millions out of poverty; putting millions into rural production; and boosting rural economy.
He added that there was a need for the government to improve on the power sector; and having one-stop shop for approvals of investments.
Other areas of focus, he listed as innovation and fighting piracy; diversification of the economy in the areas of agriculture – self-sufficiency in rice and wheat (staples) production; manufacturing;  entertainment and technology.
On the power sector, he noted further that “despite the challenges, there have been measurable improvements over the past three months (June to August 2015)

http://www.punchng.com/news/osinbajo-unveils-buharis-economic-blueprint-2/?utm_source=twitterfeed&utm_medium=twitter

will he deny this one 100 days later?

Na OSu banjo talk... buhari go still deny

......

In fela's voice, I wan to tell you a story, choros: no be story ooo

Take this with a huge dose of salt.
The probability for complete denial is as high as 99%.
Credibility has been thrown to the dogs.

I'm not impressed and I'm sure no sane Nigerian will be impressed because they will deny all these tomorrow.



It would have been better Buhari unveiled the blueprint by himself so that he won't say he knew nothing about it.

nationwide1:
I'm not impressed and I'm no sane Nigerian will be impressed because they will deny all these tomorrow.



It would have been better Buhari unveil the blueprint by himself so that he won't say he knew nothing about it.

Of course, it sounds like the usual rhetoric.
Even an illiterate baker could come up with this watery speech.
There is nothing sophisticated ,technical, meticulous or inspirational about the so-called blueprint.

On Tinubu's birthday at a public function held in honour of the Lagos ex- Govenor, this same VP made promises of rapid instant improvements in the fortune of Nigerians once they got into office.
On a public school teachers discussion forum, this same man made promises of sponsored foreign teacher training programmes backed by the FG
In a public lecture in Abeokuta, this same man made promises concerning improvement in the amount of megawatts generated by the government electricity generation companies. He also promised a quick decrease in oil theft, and then buttered it with the promise of a welfare scheme for the youths
Now once more, without the guidance of a knowledgeable economic team, he is promising heaven and earth without an economic forecast having been conducted
Mr VP, China has cut their interest rates, thereby sending the stock markets Into chaos: reduction in foreign investors will be a fallout. Obama now has the congressional support to continue the nuclear deal with Iran. The Iranian oil minister has said that they will recover their markets from other oil exploration nations. They plan to boost production, targeting a 1million barrels a day programme which will cause a massive oil glut, which will seriously affect our share in the Global oil market.
So Mr VP, where will you source the funds from, for all your grandiose schemes. Sometimes it's good to just shut up.

Bros where did buhari promise 100days achievement ?? This is a public forum stop displaying senselessness....

Splashme:
Later they will tell Nigerians it was Osinbajo that promised not Buhari. Nonsense fake liars

Stagnant fuul

Their keyword: WOULD

hinwazaka:
On Tinubu's birthday at a public function held in honour of the Lagos ex- Govenor, this same VP made promises of rapid instant improvements in the fortune of Nigerians once they got into office.
On a public school teachers discussion forum, this same man made promises of sponsored foreign teacher training programmes backed by the FG
In a public lecture in Abeokuta, this same man made promises concerning improvement in the amount of megawatts generated by the government electricity generation companies. He also promised a quick decrease in oil theft, and then buttered it with the promise of a welfare scheme for the youths
Now once more, without the guidance of a knowledgeable economic team, he is promising heaven and earth without an economic forecast having been conducted
Mr VP, China has cut their interest rates, thereby sending the stock markets Into chaos: reduction in foreign investors will be a fallout. Obama now has the congressional support to continue the nuclear deal with Iran. The Iranian oil minister has said that they will recover their markets from other oil exploration nations. They plan to boost production, targeting a 1million barrels a day programme which will cause a massive oil glut, which will seriously affect our share in the Global oil market.
So Mr VP, where will you source the funds from, for all your grandiose schemes. Sometimes it's good to just shut up.

Thank you!

As much as i hate this administrations absolute lack of engagement with the people, i still believe it is better for them to remain silent rather tha insult our sensibilities with this kind of trash.
After almost 6 months of waiting for them to get their acts together, the finally open their mouths to make these wishy washy campaign promises all over again. I said it that this prof will tarnish his image by agreeing to play second fiddle to a certificateless man.

By insisting on this their social welfarism at a point when the country's earning capacity is under gross threat of international dimensions, it is obvious that the men we have in government are nothing more than maintenance managers not production managers. Even if they plug all the loopholes and save trillions of Naira, without a strong and unwavering focus on investing with a productive mindset, the savings will run out soon enough and then what?

Still reading

Another denial on the way.

Subsidising the nigerian system with niger delta money this people are too chronically unintelligent to make a realistic change

Presidiot Buhari will soon deny this.

Ok

H

After reading this, I hv concluded that it is either Osinbajo or the op that doesn't know what an economic blueprint is....isn't anyone talking about feeding of school children, subsistence farming, and a N980 billion investment as economic blueprint high on weed.

Children of hate will not see any thing positive about dis plans even if dem give 10k evry week.
Cos dey think evrybody is clueless.
You Are a phooL if u re expecting magic from PMB 100days in office.
You are d greatest phool eVer liveth if u are still supporting a govt dat spent 6yrs in gov and noting to show for it.

tinkinjow:
After reading this, I hv concluded that it is either Osinbajo or the op that doesn't know what an economic blueprint is....isn't anyone talking about feeding of school children, subsistence farming, and a N980 billion investment as economic blueprint high on weed.

Care to explain why

N80 billion about to be flushed down the drain by the most economically ignorant dupes on the face of the earth

Practical.

This news has shown the lies propagated by daily timesng about the cancellation of the free meal project.

let's see if the mods will help spread the truth.

lalasticlala, obinoscopy

nationwide1:
I'm not impressed and I'm sure no sane Nigerian will be impressed because they will deny all these tomorrow.



It would have been better Buhari unveiled the blueprint by himself so that he won't say he knew nothing about it.

d only job for u saTANist wailers is to shout all day, d govt has not be form, we have not ascertain d number of primary school children , or d number of d most poorest people, so everything will start as from next year, we are still putting things in order, so stop wailing.

This Pastor would go down as the greatest liar ever he's there to make mockery of Christians,why no allow the president come and say it himself tomorrow they would say it is you who said it ,rubbish pastor my ass.

kettykin:
N80 billion about to be flushed down the drain by the most economically ignorant dupes on the face of the earth

that 80b naira was not enough for ur clueless corrupt gej to steal every month

You call school feeding an economic blue print

Lai Mohammad will soon come out to deny this statement was ever made