This was discussed by the Vice President, Yemi Osinbajo, on Monday at the commissioning of the Toyota Service and Research Facility in Lagos.
According to the VP, the Federal Government will continue to deepen business reforms and partner with firms to ensure wholesome national development. You may like to check NYSC Trust Fund Registration Portal.
Osinbajo, explained that the government’s commitment to partner with companies because private sector players “are better equipped and resourced to lead the development of the economy”.
He noted that the Buhari’s administration remains committed to the reforms being driven by the Presidential Enabling Business Environment Council (PEBEC). And also praised the President for his directives, approvals and executive orders for the provision of infrastructure, power, roads, railway, and broadband connectivity.
Osinbajo also noted that the National Development Plan (NDP) 2021-2025 is a government-private sector partnership with an investment commitment of N348trillion.
“The private sector is expected to invest N298trillion or about 86% of the projected investments. This simply means that government must create the most conducive environment for private enterprise in Nigeria.”
“Under the NJFP, 20,000 graduates, after their youth service, will be given fully paid internships that will last for 12 months in reputable private and public sector organizations across the country”.