Bola Tinubu, the presidential candidate of the All Progressives Congress (APC) has promised to create one million jobs in the first 24 months if elected.
Otunba Femi Pedro, the former Lagos Deputy Governor gave this assurance Thursday in Abuja when he explained the manifesto of Asiwaju Bola Ahmed Tinubu at a one-way symposium.
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According to Pedro, Tinubu has 12 key economic points to get Nigeria out of the current economic doldrums.
Other key economic activities that Tinubu will implement, he said, include: bringing back manufacturing companies like Dunlop that left the country many years ago; resuscitating the commodity boards; empowering women; expanding infrastructure provision, and curtailing runaway inflation.
Quest Times understands Tinubu on Friday, October 21, 2022, released his ‘Renewed Hope’ campaign manifesto for the 2023 presidential election, promising to create jobs, strengthen the naira, and expand public infrastructure among other things.
However, checks have shown that Tinubu’s 2023 campaign promises are no different in principle from what his party, the APC, promised Nigerians in the run-up to the 2015 and 2019 elections.
Instead of creating three million jobs per year which could have culminated in a total of 12 million jobs in four years, the unemployment rate under the Buhari administration has risen from 18.8 percent in Q3 2017 to 23.1 percent in the third quarter of 2018 according to a recent report by the Nigerian Bureau of Statistics (NBS).
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According to the Bureau’s Labour Force Statistics – Volume I released on December 19, 2018, the total number of people classified as unemployed- which means they did nothing at all or worked for a few hours (under 20 hours a week) rose from 17.6 million in Q4 2017 to 20.9 million in Q3 2018.