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COVID-19: How Buhari’s policies took Nigeria out of economic recession-Ari, ITF DG

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The Director General of Industrial Training Fund (ITF), Joseph Ari said President Muhammadu Buhari recovered Nigeria from the recession caused by the COVID-19 pandemic through laudable economic policies.

He noted that the ITF supported the President’s efforts through massive requisite skills and acquisition programmes that help most indigents Nigerians recover their sources of livelihood.

Ari disclosed this on Wednesday during the Fund’s 2020 annual performance review meeting, held at the ITF headquarters, Jos.

“Across the globe, all societies, be they developed, developing and underdeveloped, struggle to cope with the outbreak of the COVID-19.

“As a country bore the brunt of the virus more than most, as our economy slipped into recession for the second time in less than five years. We thank God that we have come out of the recession because of the very laudable policies and steps taken by the Buhari administration.

“While the recession lasted, governments, both at the Federal and State levels, reverted to massive borrowing to stabillize and sustain the economy.”

He lamented that industries were compelled to rationalize their workforce and some even close shop as a result of the pandemic.

Ari noted that ITF as an organization which reliant on the organised Private Sector for sustainance, felt the shocks that emanated from the rationalized workforce by these organizations.

He explained that despite the challenges posed by the pandemic, the ITF recorded an impressive achievements in some key areas which includes the implementation of some skills acquisition programme and commissioned several projects.

“Owing to our unwavering commitment over the years to equipping Nigerians with skills for employability and entrepreneurship, the ITF was among the few agencies of the Federal Government that was requested to forward submissions on lifting 100 million Nigerians out of poverty in 10 years.

“If our proposal, which is currently receiving the attention of the authorities is assented to, the ITF will train over 7 million Nigerians in the agriculture, construction and faculty maintenance, information and communication technology, manufacturing and service sectors between 2021 and 2031.”

Ari admonished the ITF workforce to be dedicated to their duty and put in there maximum ability to fight unemployment with the provision of requisite skills.

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