The Punch reports that the lawmaker lamented over the huge amount being paid as personnel and overhead costs despite an embargo placed on employment by President Muhammadu Buhari .
According to him, the rising increment of wages and salaries without new recruitments was unjustifiable.
He said:“Honestly speaking, a time bomb is ticking out there with this policy because of the doors shut out against millions of youths seeking for employment through the embargo."
Meanwhile, President Muhammadu Buhari has urged private sectors across the 36 states of the federation and Abuja to show interest in employing Nigerians youths in their institutions.
Daily Trust reports that the president made the call in Abakiliki, the capital of Ebonyi on Monday, during the official flag-off of the Extended Special Public Works Programme (ESPWP) in the state.
President Muhammadu Buhari who was represented at the event by the minister of science and technology, Dr Ogbonnaya Onu,explained that the initiation of the programme nationwide was his administration’s goals towards addressing the aftermath of COVID-19 pandemic.
He added that COVID-19 pandemic which gripped the whole world early last year, caused an enormous economic dislocation in the country, stressing that it further aggravated the rate of unemployment in the nation.
His words:“On this note, I will like to use this opportunity to call on the private sector to show interest in employing Nigerian youths essentially these participants after they have acquired knowledge and skills in the process of implementing this programme.”
In another report, President Muhammadu Buhari has reacted to the complaints regarding his borrowing pattern in relation to Nigeria’s debt profile.
Buhari said that Nigerians were right to be concerned about the decision of the federal government to seek additional loans to fund 2022 budget estimates, but insisted that the debt level of the country was still at a sustainable limit.
Nigerian Tribune reports that the President made this disclosure on Thursday, October 7, while presenting the 2022 budget estimates to the joint session of the National Assembly.
President Muhammadu Buhari said the target of his administration is to grow the country’s Gross Domestic Product (GDP) from the current 8% to 15% by 2025, Daily Trust also reported.
The president said the new loans were meant to complete ongoing critical infrastructure projects across the country.
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