FG generated 300,000 businesses and created one million jobs in one year — VP Shettima

Vice President Kashim Shettima says the Federal Government has generated over 300,000 businesses through various Small and Medium Enterprises (SMEs) interventions.

This, he said will create over one million job opportunities, primarily for youth and women, within a year, according to Nigerian Tribune.

Speaking during a one-day working visit to Jigawa State on Tuesday, July 23, the vice president said: “President Bola Ahmed Tinubu has initiated multiple interventions for SMEs, which have generated over 300,000 businesses and will provide over one million jobs within a year.”

He emphasised that the Renewal Hope Agenda of President Tinubu is designed to tackle poverty and create job opportunities by encouraging and supporting medium and small-scale businesses, which constitute over 65 per cent of investment and employ 83 per cent of labour in Nigeria.

He further stated that the current administration is working tirelessly to formulate and implement policies and programmes that will improve the social and economic lives of Nigerians.