2016 Budget: FG To Employ 500,000 Teachers
The employment of 500,000 people as teachers is the highlight of the N6.08 trillion budget estimates for next year presented yesterday to the National Assembly by President Muhammadu Buhari.
It is, according to the President, designed to ensure that “we revive our economy, deliver inclusive growth to Nigerians and create a significant number of jobs”.
The budget proposal, while helping industry, commerce and investment to pick up, will urgently address youth unemployment and the terrible living conditions of the extremely poor and vulnerable, Buhari said.
The government aims to ensure macroeconomic stability by achieving a real GDP growth rate of 4.37% and managing inflation.
To achieve this, Buhari said, fiscal, monetary, trade and industrial policies will be aligned.
He said: “As we focus on inclusive growth, we are conscious of the current rate of unemployment and underemployment.
“This is a challenge we are determined to meet; and this budget is the platform for putting more Nigerians to work. I can assure you that this administration will have a job creation focus in every aspect of the execution of this budget.
“Nigeria’s job creation drive will be private sector led. We will encourage this by a reduction in tax rates for smaller businesses as well as subsidised funding for priority sectors, such as agriculture and solid minerals.
“As an emergency measure, to address the chronic shortage of teachers in public schools across the country, we also will partner with state and local governments to recruit, train and deploy 500,000 unemployed graduates and NCE holders.
“These graduate teachers will be deployed to primary schools, thereby, enhancing the provision of basic education, especially in our rural areas.”
The President said that they also intend to partner with State and Local Governments to provide financial training and loans to market women, traders and artisans, through their cooperative societies.
The belief is that “this segment of our society is not only critical to our plan for growing small businesses, but it is also an important platform to create jobs and provide opportunities for entrepreneurs”.
Buhari noted that through the office of the Vice President, the government was working with various development partners to design an implementable and transparent conditional cash transfer programme for the poorest and most vulnerable.
“This programme will be implemented in phases. Already, the compilation of registers of the poorest persons is ongoing. In the coming weeks, we will present the full programme, which will include our home-grown public primary school feeding and free education for science, technology and education students in our tertiary institutions. Indeed, this will mark a historic milestone for us as a nation,” he assured.