The Permanent Secretary, Ministry of Labour and Employment, Dr Yerima Tarfa, says Nigeria welcomes the support of development partners in reversing the rising unemployment rate in the country.
Tarfa said this when he met with a delegation from the French Development Agency (AFD), led by its Country Director, Xavier Muron on Friday in Abuja.
This is contained in a statement by Mr Charles Akpan, Deputy Director, Press and Public Relations in the ministry.
Tarfa, represented by Director, Special Duties/Projects, Dr Martina Nwordu, stressed that Nigeria needed critical infrastructure, technical and financial support, to facilitate the achievement of its short to medium-term plans, required for national growth.
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He said that collaborations with development partners would boost government’s efforts in improving employment nationwide, especially among the youths, for enhanced and sustainable national socio-economic development.
He said that, “Recent publications by the National Bureau of Statistics (2021) indicated that unemployment rate, especially among the youth who form the larger segment of the productive age group, is on the rise.
”This is with a figure of 33.3 per cent in Quarter four 2021, from the previous record of 27.1 per cent in 2020. While the Labour Productivity Growth dropped by 1.14 per cent Year-on-Year in September, 2018 compared with a growth of 3.25 per cent in the previous quarter of the year.
“These two indicators relate to the macro-economic stability of the country, with implications on the overall socio-economic well-being of the nation,” he said.
According to the Permanent Secretary, Nigeria, therefore, “welcomes all strong partnerships in support of reversing the trends in these macro-economic indices for improved and sustainable national socio-economic development.
Mr Xavier Muron, Country Director, French Development Agency (AFD), sought to discuss the macro-economic situation of the country, and government’s efforts and challenges in creating decent jobs for the people.
Muron also sought to understand how government planned to achieve its objective of creating jobs, increasing productivity and reducing poverty.(NAN)