Kanyi Daily NewsKanyi Daily NewsKanyi Daily News
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
      • Instagrammers
      • Twitteratti
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Lifestyle
    • Fashion
      • Fashion For Women
      • Fashion For Men
      • Who Wore It Better
      • Fashion We Like
      • Love Or Hate It
      • Style By
      • Style Star
    • Travel
    • Tech & Gadgets
    • Beauty
      • Makeup
      • Beauty Tips
      • Nails
    • Tips Tuesday / Life Hacks
  • Business
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Reading: FG Says It Plans To Create 21m Jobs And Lift 35m People Out Of Poverty By 2025
Font ResizerAa
Font ResizerAa
Kanyi Daily NewsKanyi Daily News
  • Home
  • News
  • Celebs
  • Business
  • Crime
Search
  • Home
  • News
    • Politics
    • Crime
    • Sports
    • Nigerian News
    • Photospeaks
    • Videos
  • Entertainment
    • Celebrities
    • Interviews
    • Events
    • Magazine Covers
    • Reality TV
    • Spotlight
  • Kanyi TV
  • Lifestyle
    • Fashion
    • Travel
    • Tech & Gadgets
    • Beauty
    • Tips Tuesday / Life Hacks
  • Business
  • Career
    • Girl Boss
    • Man Inspiration
    • Wonder Woman Wednesday
    • Man On A Mission Monday
    • Career Tips
    • Business
    • Money & Finance Tips
    • Jobs
  • MORE
    • Health
    • Education
    • Humanity
    • Relationship
    • Couples In Love
    • Dating
Follow US
© 2025 Kanyi Media.
News

FG Says It Plans To Create 21m Jobs And Lift 35m People Out Of Poverty By 2025

Tobias Sylvester
By Tobias Sylvester
Published: October 16, 2021
SHARE

The Federal Government says that its new National Development Plan (2021-2025) targets the creation of 21 million jobs and lifting 35 million people out of poverty.

FG Says It Plans To Create 21m Jobs And Lift 35m People Out Of Poverty By 2025

Laolu Akande, spokesperson to Vice-President Yemi Osinbajo, in a statement, said the new National Development Plan (2021-2025) is a successor to the Economic Recovery and Growth Plan 2017-2020.

According to him, the National Economic Council (NEC) received a presentation and memo on the draft of the development plan from the ministry of finance, budget, and national planning, at its meeting on Friday.

He said the presentation and memo were to acquaint the council with the linkage between the annual budget and plans.

“The plan also targets an average of 5 percent GDP growth, the creation of 21 million jobs, and lifting 35million people out of poverty within the duration of the Plan,” the statement reads.

READ:  "Feed My Corpse To My Lecturer" - Says Suicide Note Left Behind By RSU Student Declared Missing

He described the plan as a mechanism to engage, empower and employ our teaming energetic youths; provide opportunities for young people, women, vulnerable people, etc., via mainstreaming; increase revenue to 15 percent of GDP by 2025 and decrease the budget deficit.

Akande listed policy actions for the plan to include prioritisation and implementation of critical and strategic infrastructure projects that will directly boost production and productivity.

Others include “institutional reforms in public sector, law enforcement, judiciary, and secure property rights, including intellectual property; “Measures to diversify revenue and increase tax to GDP ratio by improving tax administration, including the informal sector, and widening the tax base.”

READ:  To Be Better Leaders, All Nigerian Politicians Should Spend One Or Two Days In Prison - Suswam

In June, President Muhammadu Buhari launched a steering committee on national poverty reduction with a commitment of lifting 100 million Nigerians out of poverty in ten years.

Providing financial updates at the meeting, Zainab Ahmed, minister of finance, budget and national planning, said the nation’s excess crude account (ECA) balance as at October 13, 2021, stood at $60.8 million.

“Stabilization account balance as at October 13, 2021, is N25,009,892,511.55; development of natural resources account balance as at 13th October 2021, stands at N56,144,024,000.71,” she added.

KanyiDaily recalls that the Chinese Government had said it will help President Buhari the level reduce poverty under his administration by sending Nigerians to China.

READ:  Multichoice Reduces Prices For DStv, GOtv Packages After Losing Million Subscribers

Read Also:👇🏾

  1. 39 Million Nigerians May Lose Thier Jobs Before Year End – VP Osinbajo
  2. It Will Take Buhari 10 Years To Remove Ten Million Nigerians Out Of Poverty – VP Yemi Osinbajo
  3. “Extreme Poverty May Hit Nigerians If You Don’t Create Jobs” – World Bank Warns Buhari
  4. Buhari Approves N6.45 Billion To Set Up Oxygen Plants For COVID-19 Patients

TAGGED:federal governmentJOBSLaolu Akandemuhammadu buhariNewsNigeriaPovertyYemi Osinbajo
ByTobias Sylvester
Follow:
Tobias Sylvester is the news editor for Kanyi Daily News and is based in Lagos.Contact Tobias at [email protected] a confidential tip? Submit it here
Previous Article The Earlier We Split The Better; Nigeria Has Nothing For Igbos – Actor Chiwetalu Agu The Earlier We Split The Better, Nigeria Has Nothing For Igbos – Actor Chiwetalu Agu
Next Article Court Orders Interim Forfeiture Of Mompha's Designer Wristwatches, iPhone, Glasses Court Orders Interim Forfeiture Of Mompha’s Designer Wristwatches, iPhone, Glasses
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
WhatsAppFollow

Latest Post

Tinubu Confers National Honours On Soyinka, Kukah, Nwosu, Musa, 62 Others [Full List]
Tinubu Confers National Honours On Soyinka, Kukah, Nwosu, Musa, 62 Others [Full List]
Air India Plane With 242 Passengers Crashes After Takeoff From Ahmedabad [Video]
Air India Plane With 242 Passengers Crashes After Takeoff From Ahmedabad [Video]
June 12: #EndBadGovernance Protest Begins In Lagos On Democracy Day [Photos]
June 12: #EndBadGovernance Protest Begins In Lagos On Democracy Day [Photos]
Air Peace Denies Oshiomhole's Allegations Of Extortion And Overbooking At Lagos Airport
Air Peace Denies Oshiomhole’s Allegations Of Extortion And Overbooking At Lagos Airport
Rapper Silento Sentenced To 30 Years In Prison For Killing His Cousin
Rapper Silento Sentenced To 30 Years In Prison For Killing His Cousin
Former MTV VJ, Ananda Lewis Dies At 52
Former MTV VJ, Ananda Lewis Dies At 52
How Oshiomhole Assaulted Our Staff And Disrupted Flights At Lagos Airport  -  Air Peace
How Oshiomhole Assaulted Our Staff And Disrupted Flights At Lagos Airport  -  Air Peace
"I've No Interest In Partisan Politics" - Tunde Onakoya Speaks On His Visit To Tinubu
“I’ve No Interest In Partisan Politics” – Tunde Onakoya Speaks On His Visit To Tinubu
Oshiomhole Reportedly Closes Lagos Airport Terminal After Missing Abuja Flight [Video]
Oshiomhole Reportedly Closes Lagos Airport Terminal After Missing Abuja Flight [Video]
Court Dismisses Akpabio’s Appeal Against Natasha Akpoti, Fines Him ₦100,000
Court Dismisses Akpabio’s Appeal Against Natasha Akpoti, Fines Him ₦100,000
- Advertisement -
Ad imageAd image

Follow Our News Page On Facebook

Follow our entertainment Page on Facebook

Critics Of Muslim-Muslim Ticket Are 'Christians By Mouth And Devils By Heart' - Oshiomhole
Politics

Critics Of Muslim-Muslim Ticket Are ‘Christians By Mouth And Devils By Heart’ – Oshiomhole

Comedian Bovi Announces Death Of His Father, Edward Ugboma
Entertainment

Comedian Bovi Announces Death Of His Father, Edward Ugboma

Governor Obiano Urges FG To Investigate Death Of Mrs. Elizabeth Ndubuisi, Who Was Murdered In South Africa 2
News

Governor Obiano Urges FG To Investigate Death Of Mrs. Elizabeth Ndubuisi, Who Was Murdered In South Africa

Nigerian Lawyer Sues APC Presidential Candidate, Tinubu Over Muslim-Muslim Ticket
News

Nigerian Lawyer Sues APC Presidential Candidate, Tinubu Over Muslim-Muslim Ticket

Buhari Sympathises With Fasoranti Over Daughter’s Death, Says Killers Were 'Armed Robbers' 4
News

Buhari Sympathises With Fasoranti Over Daughter’s Death, Says Killers Were ‘Armed Robbers’

Residents In Maiduguri Are Not Happy That They're Getting 24-Hour Constant Power Supply 6
News

Residents In Maiduguri Are Not Happy That They’re Getting 24-Hour Constant Power Supply

Nigerian Lady, Joyce Ijeoma Collapses While Attempting To Break Guinness World Record [Video]
Celebrities

Nigerian Lady, Joyce Ijeoma Collapses While Attempting To Break Guinness World Record [Video]

Primary School Teacher Blames Devil After He Was Arrested For Sleeping With Male Pupils 8
Metro

Primary School Teacher Blames Devil After He Was Arrested For Sleeping With Male Pupils

Abuja-Kaduna Train: Whereabouts Of 170 Passengers Remain Unknown One Week After Attack
News

Abuja-Kaduna Train: Whereabouts Of 171 Passengers Remain Unknown One Week After Attack

Imo Election: Uzodinma Expresses Satisfaction With INEC, Applauds Voters, Security Personnel
Politics

Imo Election: Uzodinma Expresses Satisfaction With INEC, Applauds Voters, Security Personnel

PHOTOSPEAKS

Anthony Chinedu, Rogue Drug Lord, Deported From Kenya Is A Top Member of Nigerian Secret Service

Senate President: Don't Ruin This Opportunity With Your Personal Aspirations – Arewa Youths To Ndume, Goje 10
News

Senate President: Don’t Ruin This Opportunity With Your Personal Aspirations – Arewa Youths To Ndume, Goje

Kanyi Daily News: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more.

Got a hot news tip or found something interesting you’d like us to feature? Hit us up with the details.

  • About KanyiDaily.com
  • Advertise
  • Claims of Infringement
  • Conditions Of Use
  • Contact Us
  • Media Inquiries
  • SUBMIT YOUR STORIES!
  • Tech Issues
  • Write For Kanyi Daily
  • Advertising Policy
  • Comment Policy
  • Editorial Policy
  • Privacy Policy
  • FAQ – Frequently Asked Question
Follow US
Kanyi Media 2025.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?