Nigerian gov’t to spend N381 trillion to implement national development plan – ITF DG
Story from Yakubu VENTIM, Jos
The Director-General of Industrial Training Funds (ITF), Sir Joseph Ntung Ari has disclosed that the implementation of the recently unveiled 5-year national development plan (2021-2025) of the federal government is expected to cost 381 trillion naira.
Sir Joseph Ari made this disclosure during a media forum parley at the Nigeria Union of Journalists (NUJ)’s Plateau State Council secretariat on Tuesday.
He said the plan which is projected to gulf over trillions of naira is expected to replace the Economic Recovery and Growth Plan (EGRP) to create 21 million jobs, with the aim of lifting 35 million Nigerians out of poverty, providing them with affordable housing and also geared towards promoting an export-led economy.
The five-year national development plan, according to Sir Ari has six focal areas – economic growth and development, infrastructure, public administration, human capital development, social development and regional development.
“As the leading human capital development institution in Nigeria, the ITF is also equipping Nigerians with technical skills acquisition as an enduring solution to the spate of unemployment in the country,” he said.
However, the DG has observed that Nigerians were averse to skills acquisition, but insists, that skills acquisition could create more jobs and reduce to the barest minimum the issue of unemployment confronting the nation.
Addressing the role of the media in promoting the funds and activities, Sir Ari commended members of the Correspondents’ Chapel of the Nigeria Union of Journalists (NUJ), Plateau State Council, for their efficient and effective reportage of the fund’s activities.