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Presidency to World Bank: Tinubu creating millions of jobs

Presidency to World Bank: Tinubu  creating millions of jobs
**Tinubu's Government Creating Millions of Jobs, Presidency tells World Bank** In a recent development, the Presidency has responded to concerns raised by the World Bank Group about a looming employment crisis in developing countries, including Nigeria. According to the World Bank, many developing economies are heading towards a major employment challenge as millions of young people prepare to enter the workforce without enough available jobs, raising fears about economic instability, migration pressures, and potential global security risks. However, the Special Adviser to the President on Media and Public Communication, Sunday Dare, has said that Nigeria is addressing these concerns through reforms under the Renewed Hope Agenda. Dare emphasized that employment is largely driven by economic activity, which is why the administration's reforms focus on macroeconomic stability, infrastructure expansion, agriculture and food security, manufacturing and industrialization, energy development, human capital investment, social protection, and national security. The Renewed Hope Agenda, according to Dare, is designed to ensure that economic expansion keeps pace with demographic growth in Nigeria, a country with a youthful population. The administration's approach to addressing the employment challenge is to stimulate enterprise growth and expand opportunities for young Nigerians through structural reforms. Several government initiatives are aimed at boosting employment, including the Renewed Hope Ward Development Programme, which targets productive activities across Nigeria's 8,812 wards through enterprise hubs, infrastructure development, and other initiatives. These programs are designed to unlock productivity across sectors with strong employment potential, creating millions of jobs for young Nigerians. The Presidency's response to the World Bank's warning is a welcome development, as it shows that the government is taking seriously the challenges of unemployment and is working to address them. With the Renewed Hope Agenda and other initiatives, President Bola Tinubu's administration is making a concerted effort to create jobs and stimulate economic growth in Nigeria.
Source: Original Article • AI-enhanced version for clarity & Nigerian context