Friday, January 16, 2015
Re: USA Africa Dialogue Series - #GEJAchievements in Job Creation: Addressing Structural Weaknesses
On Thursday, January 15, 2015, olakassimmd via USA Africa Dialogue Series <usaafricadialogue@googlegroups.com> wrote:
>
> What is the current unemployment rate in Nigeria?
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>
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> ---- Original Message ----
> From: Olusola Daniel <olusoladaniel316@gmail.com>
> To: usaafricadialogue <usaafricadialogue@googlegroups.com>
> Sent: Thu, Jan 15, 2015 2:34 pm
> Subject: USA Africa Dialogue Series - #GEJAchievements in Job Creation: Addressing Structural Weaknesses
>
> Before President Jonathan, the rate of unemployment was pegged at 23.9% in 2011 which was further precipitated by the global economic recession at that time. This was the one of the major structural weakness of the economy.
> In response to the high unemployment rate pegged at 23.9 percent in 2011, the structural weaknesses of the economy and the increasing number of people entering the job market, President Jonathan encapsulated a series of economic policies and programmes in his Transformation Agenda in the same year. The Transformation Agenda is hinged on three pillars – fiscal consolidation, private sector-led inclusive growth and job creation. Nonetheless, the overriding objective of the Agenda is the creation of job opportunities for Nigerians such that everyone capable and willing to work will be able to find work.
> Prior to Jonathan administration, policies that necessitated the foundation for inclusive growth and Job creation were not present.
> President Jonathan administration has emphasized sound macroeconomic policies of low and stable inflation, sustainable public finances and strong external position. The President Goodluck Jonathan administration views these policies as the necessary foundation for sustainable inclusive growth and job creation in the economy. Besides maintaining stability, many sets of reforms have been carried out in the last decade. Indeed, the recent growth trajectory of the Nigerian economy cannot be explained outside the tough but extremely beneficial economic reforms during the period. For instance, the 7 percent growth per annum recorded during the period, driven by non-oil sectors of the economy, is faster than the average growth rate for the Sub Saharan Africa region at 5 percent. The reforms pursued in the last decade were not only extensive, but also detailed and specific in addressing some critical and structural weaknesses of the economy.
> Compare #Nigeriab4GEJ
> --
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> Listserv moderated by Toyin Falola, University of Texas at Austin
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You are not a serious person. I wonder why we usually pretend as if things are going smoothly in Nigeria. You people are those who did not let President Jonathan actually perform. You do not let him know the reality of the situations. I dont know what you peope want to gain!!!. Let whoever is the leader know what the true positions of things are then he would know what to do instead of singing praise and lying. It all boils down to suffering for the entire citizenry and backwardness for the country.
Regards --
Listserv moderated by Toyin Falola, University of Texas at Austin
To post to this group, send an email to USAAfricaDialogue@googlegroups.com
To subscribe to this group, send an email to USAAfricaDialogue+subscribe@googlegroups.com
Current archives at http://groups.google.com/group/USAAfricaDialogue
Early archives at http://www.utexas.edu/conferences/africa/ads/index.html
---
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