22 C
Abuja

Moghalu: ‘I will create two million jobs yearly if elected president’

Advertisement

Related

Advertisement
Advertisement
2mins read

YOUNG Peoples Party, (YPP) Presidential candidate Kingsley Moghalu pledges to create two million jobs yearly if elected into the office.

He made this known on Wednesday in Abuja at a town hall meeting organised by the Nigeria Television Authority (NTA) and Daria Media with support from the MacArthur Foundation.

The town hall meeting tagged, “The Candidates“ is a two-hour televised series featuring the presidential and vice presidential candidates of four leading political parties.

If elected as the next president on Feb. 16, he promised to drive the economy with innovations by encouraging innovations and growth of small businesses.

The YPP presidential candidate said his administration would put the fund into a productive capital venture that would create and allow people to run their businesses within six months of assuming office.

“We are practising capitalism without capital, so I would propose a 1 trillion naira venture capitalist fund that will trigger a productive and innovative economy to create jobs which are aimed at youths, especially those who are unemployed with bright ideas,” he said.

“It’s not going to take more than six to seven months to set up and after a year or two, you will begin to see the massive impact this project will create.

- Advertisement -

“It is estimated that three million Nigerians enter the labour market every year but with this fund, we estimate that between one million to two million jobs will be created every year. This is not a loan but an investment fund that will provide a chain of small businesses that will reduce unemployment on a large scale,” he said.

He said his party would ensure that the current N500 billion social intervention fund was effectively used to improve the lots of Nigerians.

Moghalu affirmed that the time to economically transform the country had come, but that the challenges of the 24th century Nigeria needed a vibrant leadership to address them.

The parties were selected from the results of multiple polls aggregated by the Centre for Democracy and Development.

Moghalu, who is venturing into politics for the first time, is a former Deputy Governor of the Central Bank of Nigeria (CBN).

The YPP presidential candidate said he would guarantee wealth and job creation in the country.

According to the organisers of the town hall series, President Buhari and his running mate, Vice President Osinbajo would feature on the programme on Jan. 16, while Omoyele Sowore and his running mate, Rabiu Rufai, would feature on Jan. 23.

- Advertisement -

While, Atiku Abubakar and his running mate, Peter Obi, are slated to feature on the programme on Jan. 30.

The platform provided an opportunity for the studio audience, which included civil society organisations, diplomatic corps and members of the general public who had applied online, to directly interact with the presidential candidate and his running mate.

Support the ICIR

We invite you to support us to continue the work we do.

Your support will strengthen journalism in Nigeria and help sustain our democracy.

[molongui_author_box]

If you or someone you know has a lead, tip or personal experience about this report, our WhatsApp line is open and confidential for a conversation

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Support the ICIR

We need your support to produce excellent journalism at all times.

Advertisement

Recent

TCN’s 15 new procured transformers set  to improve transmission capacity with 1,487mw

The Transmission Company of Nigeria (TCN) has imported 15 power transformers to sustain its...

FAAC meeting may hold soon as FG appoints acting AG

THE Federation Account and Allocation Committee (FAAC) meeting for this month, which was postponed...

Death toll hits three in Lagos building collapse

THREE people have been pronounced dead, while five were rescued alive during the search-and-rescue...

US ambassador to Nigerian youths: Elect credible leaders in 2023

UNITED States (US) ambassador to Nigeria Mary Beth Leonard has advised Nigerian youths to...

Nigeria’s police work under terrible conditions: what needs to be fixed

*This was first published in March 2022. By Lanre Ikuteyijo, Obafemi Awolowo University JUNIOR officers of...
Advertisement

Most Read

Advertisement

Subscribe to our newsletter

Advertisement