Zainab Ahmed, minister of finance, budget, and national planning, disclosed this to state house journalists, after the federal executive council meeting held last week.
The NCDIE, chaired by the president, has 13 other members including the vice-president; ministers of finance, budget, and national planning; trade and investment, communications and digital economy; governor of the central bank, among others. As at the fourth quarter of 2020, the National Bureau of Statistics said the country’s unemployment rate stood at“Unemployment is expected to continue to be a major challenge in 2023 due to the limited investment by the private sector, low industrialisation, and slower than required economic growth and consequently the inability of the economy to absorb the 4‐5 million new entrants into the Nigerian job market every year,” KPMG said in the report.
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