Tinubu To Spend N75billion On Job Creation

President Bola Tinubu has announced plan to create good paying jobs for Nigerians.

He stated this on Monday evening in a nationwide broadcast to Nigerians on the state of economy.

Tinubu promised to spend N75 billion between July 2022 and March 2024 for the job creation.

He said, “To strengthen the manufacturing sector, increase its capacity to expand and create good paying jobs, we are going to spend N75 billion between July 2023 and March 2024. Our objective is to fund 75 enterprises with great potential to kick-start a sustainable economic growth, accelerate structural transformation and improve productivity. Each of the 75 manufacturing enterprises will be able to access N1 Billion credit at 9% per annum with maximum of 60 months repayment for long term loans and 12 months for working capital.”

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