Shame To Past Leaders Under Who Over 300,000 Workers Lost Jobs In One Sector – Buhari

President Muhammadu Buhari has blamed past leaders whose economic policies have led to the lose of jobs by over 3000,000 workers in textile industry, just one sector in the nation’s economy.
President Buhari made this observation today at a meeting, in the Presidential Villa, Abuja, with  Executive Members of the Manufacturers Association of Nigeria (MAN),
The President lamented that the textile industry that employed about 320,000 people in the past only parades about 30,000 now, adding: “it shows the carelessness of past governments, if almost 300,000 people lose jobs in a single sector.
“We have a clear idea of how we can stimulate employment and we will work very hard to do so,” President Buhari said even as he made it clear that what it would take to create more jobs for Nigerians, he would do it.
“We are in difficult times economically, but we’ll continue to do our best for manufacturing to pick up. We must begin to behave as if we have no oil at all.
“We will gladly have policy somersaults, if it will mean more jobs, particularly  for youths. I campaigned on three major planks. To effectively secure our country, provide employment through revamping the economy, and wage a relentless war against corruption. I intend to keep faith with these promises,” the President said.
He directed the Ministries of Industries, Trade and Investment as well as Finance and the Central Bank and other relevant government agencies to evolve, before next year’s budget, new policies to boost domestic manufacturing.
The MAN President,  Dr. Frank Udemba Jacobs had  appealed for a review of policies that  stifle the manufacturing sector, noting that the importance of a robust manufacturing sector  for the general  well-being of the economy cannot be over-emphasized. [myad]