Geneva – Nigeria will build on a solid political foundation to ensure economic recovery and youth employment, the Permanent Secretary of the Ministry of Labour and Productivity, Mr Anthony Ozodinobi, said.
Ozodinobi, who is the leader of the Nigerian delegation to the 100th International Labour Conference (ILC) in Geneva on Friday, made the statement while presenting Nigeria’s report.
He said the Federal Government would work based on transparency, accountability and citizen support to achieve set goals.
The official said President Goodluck Jonathan, had expressed commitment to the implementation of the core international labour agreements, which Nigeria ratified, to achieve decent work for the citizens.
“Nigeria has embarked on several programmes targeted at employment generation, social justice and equity, national growth and development.
“Amongst such programmes are the establishment of a National Sovereign Wealth Fund (NSWF) to ensure national savings and investment for future generations.
“We are also unbundling the power sector through reforms that would galvanise all sectors of the economy to generate wealth and massive employment opportunities.
“Others include reforms and investments in the Agricultural sector which will ensure availability of food and generation of sustainable and decent work employment for rural dwellers,” he said.
Ozodinobi explained that the completion of the ongoing reforms in the banking and financial sector were aimed at ensuring growth and development of the real productive sector.
He said that a reformation of the country’s social security system introduced by the government was as a result of the recurrent discussion on the issue in the ILC.
He said the reform would provide minimum social protection for all citizens.
Ozodinobi said that the enactment of the Employers Compensation Act 2010 and the Freedom of Information Act 2011 were aimed at protecting citizens’ rights through transparency and accountability in governance.
He said that the amendments and passage of the National Minimum Wage Act and reform of Personal Income Tax were aimed at improving workers’ welfare.
“We endorse the statement that the ILO values are more important than ever in finding a lasting solution to the global economic and financial crisis, especially in the employment front.
“We also agree with the conclusion that policies should strengthen productive investments, the financial system should service the real economy and there should be inclusiveness in the operation of the labour market,’’ he said. (NAN)