President Goodluck Jonathan on Tuesday boasted that his administration is the first in Nigeria’s history to create 5,400 direct jobs for the nation’s unemployed youths.
He said the feat was achieved through the Federal Government’s Youth Enterprise with Innovation in Nigeria (YouWin).
Jonathan spoke during the presidential launch of Youth Entrepreneurship Strategy at the old Banquet Hall of the Presidential Villa, Abuja.
The programme was designed to encourage youth employment and self-reliance.
Jonathan also said 2,500 entrepreneurs empowered by his administration had also created an average of nine jobs each therefore bringing the total jobs created to 22,000.
The President said, “This will be the first government in the history of Nigeria that will directly create 5,400 jobs through the YouWin programmes.
“I am also proud to say that the 2,500 entrepreneurs have created an average of nine jobs each making it a total of 22,000 jobs so far.
“Entrepreneurs are the engine room of the Nigeria’s economy as they are responsible for more than 60 percent of our $510bn Gross Domestic Product and the MSMEs are responsible for almost 98 percent of the new jobs created in our economy on an annual basis.
“The new jobs we are targeting will come from the SMEs.”