FG Pledges To Tackle Socio-Economic Challenges

• The Federal Government reaffirms commitment to tackling socio-economic challenges, emphasizing stakeholder collaboration to enhance Nigeria’s economic strength and wellbeing
• Minister Nkeiruka Onyejeocha highlights the importance of job creation, education, and social investments in advancing the ‘Renewed Hope Agenda’

The Federal Government has reaffirmed its commitment to addressing socioeconomic challenges and finding solutions to emerging threats affecting the nation’s well-being.

Barr. Nkeiruka Onyejeocha, Minister of State for Labour and Employment, gave this assurance during a town hall meeting organized by the Federal Ministry of Labour and Employment in Abuja.

Onyejeocha highlighted the government’s determination to resolve long-standing issues that have hindered national progress and to restore Nigeria’s economic strength on the global stage. She acknowledged the support of President Bola Ahmed Tinubu, Vice President Kashim Shettima, and other stakeholders in advancing the ‘Renewed Hope Agenda,’ which prioritizes job creation, education, health, food security, and social investments.

“Under President Tinubu’s leadership, this government is committed to delivering on its promises to the Nigerian people,” Onyejeocha said. “We are working tirelessly to overcome socio-economic challenges while developing solutions to new threats to our collective wellbeing. Our economic reforms focus on inclusive growth, and efforts to bolster national security remain strong.”

She also stressed the importance of collaboration between policymakers, employers, and workers to drive development and maintain industrial peace. She added that the Ministry of Labour and Employment is focused on ensuring decent work conditions and fostering harmonious labour relations to support national growth.

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso, represented by Mr. Omolola Adegbenga, Head of Pensions at CBN, also spoke at the event. He expressed optimism about Nigeria’s economic future, noting that challenges often precede periods of stability and growth.

The town hall meeting brought together key stakeholders from both public and private sectors to discuss the country’s unique economic challenges and explore strategies for future development.