Vice-President Prof. Yemi Osinbajo on
Tuesday said the President Muhammadu
Buhari’s administration would soon
commence giving primary school children
free meals.
The vice president said the free feeding
scheme was a core project of the
Federal Government that would in turn
yield about 1.14 million jobs and increase
in food production.
Osinbajo said this at the 45th Annual
Accountants Conference in Abuja.
He said the government would be
investing more in the people, education
and job creation.
Speaking on the topic “Repositioning
Nigeria for Sustainable Development: From
Rhetoric to Performance,” Osinbajo said
that the multiplier effects of the
introduction of the school feeding 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
attract fresh investments up to N980bn.
He said, “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 increases economic potential
for productivity.”
“The All Progressives Congress has made
a commitment to provide one-meal-a-day
for all primary school students; that would
create jobs in agriculture, including
poultry, catering and delivery services.”
The vice president decried the high rate
of employment in the country in spite of
the fact that Nigeria had recorded high oil
prices, Gross Domestic Product and
foreign reserves during the previous
administrations.
This, according to him, has made it clear
that such figures, including a rise in
revenue by itself, do not create jobs or
significantly reduce poverty level in the
country.
“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,” he argued.
Osinbajo also said there was need for
the government to improve the power
sector and have a one-stop shop for
approvals of investments.
Other areas of focus in the Buhari
economic plan, as espoused by his
deputy, are innovation and fighting piracy;
diversification of the economy in the
areas of agriculture to achieve self-
sufficiency in rice and wheat (staples)
production; manufacturing; entertainment
and technology.
On the power sector, he noted that
“despite the challenges, there have been
measurable improvements over the past
three months (June to August 2015).”
He said, for instance, there had been a 26
per cent increase in operational
generation capacity (June to August 15,
2015 compared to January to May 2015);
decrease in pipeline vandalism, boosting of
gas supply; and a 10 per cent reduction in
transmission losses.
Other achievements in the sector, he said,
included reduction in red tape to remove
delays; blocking the 450MW Azura-Edo
IPP and the 500MW Exxon Mobil Qua-
Iboe IPP; and the imposition of a
September 2015 deadline for the
submission of the DisCos’ revised tariff
trajectories.
The vice president said there was no
going back on the Treasury Single
Account policy of the Federal
Government, saying the TSA would
address issues of non-transparency,
especially among revenue generating
agencies.
He frowned at the activities of revenue
generating agencies of government that
did not remit funds into the Federation
Account as and when due.



Afam4eva
Lalasticlala

.

Scam 101

l Think subsidy is milking Nigeria dry, oil prices are falling and the GDP is down by a few percentage points according to recent economic report on Nigeria. Feeding of school children may be considered a stimulus to the tanking economy. However, how will the government pay for this additional service? What is the cost estimate of this feeding program over four years? Above all, will there be a law to back this policy or will it be done by executive fiat? Will this feeding program be for all primary school children both in government and private run schools? How many school children are we looking at? I hope this will not be another avenue to loot the national resources.Though I will blame this car that is about to sink .....

At this stage of governance this government is still campaigning..

Your yet to fulfill anything and ur still promising..
SMH

Na today ?













i will
i will
i will government

tommorow they will tell us that they didn't say anything











foolish people
smh

kodded:
Na today ?













i will
i will
i will government

tommorow they will say that they didn't say anything











foolish people
smh

kodded:
my oga

As in even children wey dey inside belle dun see APC finish unless for those him 'sai' chanting mumu dem.

Let the bastard feed his nunu Daura brothers first

I just hope he was videoed saying this before he comes out tommorow to deny this!!