We Saved 1 Million Jobs, Prevented Shutdown Of 150,000 SMEs-Osinbajo

Speaking on the topic “Jobs and Social Protection”, the vice president, Yemi Osinbajo briefed members of the United Nations High-Level Forum on the achievements recorded so far by the Buhari led government

According to the vice president, the Economic Sustainability Plan of the Federal Government has prevented the downfall of more than 150,000 SMEs and saved over one million jobs from folding up

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In an economy ravaged by the Covid-19 pandemic, the current administration has successfully saved over a million jobs and prevent the collapse of 150,000 businesses

“in addition to scaling up health interventions, the Plan contained labor-intensive interventions in agriculture, housing, and public works programmes and the provision of solar energy to 5 million homes”

“The ESP also had a Survival Fund which gave payroll support to small businesses in manufacturing and services as well as to artisans and transporters. As a result of our interventions, we have been able to provide finance and off-take opportunities for millions of farmers”

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“We have also been able to save up to one million jobs and prevented the close-down of at least 150,000 small businesses. We are also able to extend support to vulnerable groups by deepening our existing social intervention programmes and the development of a Rapid Response Register for cash transfers to the urban poor.”

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