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Monday, June 18, 2018

Information Minister Lai Mohammed Says Buhari's Change Is Working In Nigeria...

The Minister of Information and Culture, Alhaji Lai Mohammed has said that the change promised by President Muhammadu Buhari administration is yielding positive results.





According to him, the federal government was steadily transforming Nigeria through innovative measures.

The minister said this while delivering a keynote address during the 2018 ‘Africa Together Conference’ at the University of Cambridge in the UK on Saturday.


According to a statement signed by his special adviser, Mr Segun Adeyemi, the minister listed investment in people, change in the business environment and building national infrastructure as some of the areas which the administration had made a great impact.

He said by focusing on education and skills acquisition, the administration is addressing the need to create opportunities for the country’s teeming youth population.

He, however, explained that one of the challenges in the education sector is malnutrition of school-age children which he says the government has made major efforts to combat.


According to him, the Home-Grown School Feeding programme has yielded other results, including the employment of 80,000 cooks and a ready-made market for food crop farmers.

Speaking further, he said skill shortages in the labour pool are being addressed through several measures, including the four-pronged N-Power programme that is providing employment and vocational training for graduates and others, access to loans for medium and small business as well as conditional cash transfers to the most vulnerable members of the society.

He said the administration is also changing the business environment for good, focusing especially on removing the red tape that makes it cumbersome for business and stifles innovation.


He noted that the challenge of access to credit is also being frontally addressed by making it possible for MSMEs to register their movable assets, such as vehicles and equipment, and use them as collateral to raise loans and finance, thus removing the need for traditional assets (such as real estate, offices and factories).


The Minister told the audience that the two most critical impediments against business, which according to him are decent transport connections and a reliable power supply, are also being tackled by ensuring better roads and train networks, so that goods and services can be moved around more cheaply and efficiently.
from dailypost

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