Minister of Labour and Employment, Senator Chris Ngige has disclosed that the administration of President Muhammadu Buhari has been unable to fulfil its promise of creating three million jobs for Nigerians owing to downturn of the economy.
He made the disclosure during an interview with The Sun.
Ngige noted that with corruption, it was impossible to create jobs.
He said, “If you have corruption, you cannot have resources to create jobs. Job creation to be specific is a multi-faceted; multi-sectoral affair involving all strata of the economic chain of the country.
“We had an instantaneous oil price drop when we came in, and as the prices were dropping, because of militancy, Nigeria couldn’t maintain oil facilities, there were vandalism of oil exports terminals and oil pipelines.
“So, Nigeria could not even meet its OPEC output of 2.2 million barrels per day, at one point we were doing only 1.2million barrels per day last year, it was that bad, around August to October last year, in fact starting from June we didn’t do more than 1.4 million barrels at an oil price of 35 dollars per barrel.
“There was no money to create enabling environment for jobs to be created by the private sector. What is the enabling environment that we need here, we need power, electricity.”