Buhari Vows To Create Jobs For Nigerians

Buhari Vows To Create Jobs For Nigerians
President Muhammadu Buhari meets with leadership of the Nigeria Employers’ Consultative Association (NECA) at the State House in Abuja on July 17, 2019.

 

 

President Muhammadu Buhari has said that his administration would leave no stone unturned in its bid to create jobs for Nigerians.

He stated this when he met with the leadership of the Nigeria Employers’ Consultative Association (NECA) on Wednesday at the State House in Abuja.

“Nigeria is a blessed country with abundant resources. We have all it takes locally to meet our most basic needs,” the President was quoted as saying in a statement by media adviser, Femi Adesina.

He added, “Our history of unnecessary importation of the most basic items meant we were exporting jobs to other countries at the expense of our own citizens. This administration is determined and taking steps to bring these jobs back to Nigeria.

“Our policies are simply designed for that. There is no doubt, the implementation of such policies will not be hitch-free. As you have pointed out, there are challenges in some areas that need to be addressed.

“I want to assure you that we are looking into these and other matters to ensure we have a sustainable platform for businesses to succeed.”

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The President explained that unnecessary importations into the country would be stopped in order to bring back jobs for Nigerians.

He insisted that his administration was focused on creating an enabling environment for Nigerian businesses to flourish by implementing various policies and programmes to support job creation.

President Buhari pointed out that the nation’s private sector has remained a platform for inclusive growth in the past four years.

According to him, his administration invested a lot of time and effort through the Presidential Enabling Business Environment Council to improve the Ease of Doing Business.

The President added that they implemented various policies and programmes to support job creation in agriculture, mining and other key sectors.

On job creation, he said, “This journey is a long one that requires patience, understanding and perseverance. I would, therefore, encourage you to continue to engage government by providing honest and constructive feedback. Together, we can build a Nigeria that we will all be proud of.

“On our part as an administration, I assure you that we will continue to do our best to support you in your efforts as Employers of labour and vital institutions in our country.”

President Buhari thanked the group for the visit and the association for its contributions to the nation since inception in 1957.

Ford To Slash 12,000 Jobs Across Europe

Employees of car manufacturer Ford hold a banner while taking part in a warning strike in Cologne, western Germany.  AFP

 

US carmaker Ford said Thursday that it plans to slash a total of 12,000 jobs across Europe as part of a previously announced restructuring.

The overall figure includes 5,400 layoffs already announced in Germany and 1,700 in Wales.

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The move comes as the company closes or sells six plants in Britain, France, Russia and Slovakia this year and next.

The job cuts will come “primarily through voluntary separation programmes”, said Ford, which employs around 51,000 people and operates 24 factories around Europe.

As well as the factory closure in Wales, three sites in Russia, one in Slovakia and one in France will be shuttered.

Thursday is the first time Ford has publicly stated the jobs impact of its plans.

Group chief executive Jim Hackett announced last autumn a massive restructuring of the American firm, aiming to save $11 billion and turn Ford into a more “agile” group with faster decision-making processes.

The company aims to catch up with the world leaders in the industry’s transformation towards autonomous and electric-powered driving, as well as services like car-sharing and ride-sharing.

Ford says that “financial results in Europe are on track to significantly improve for the full year 2019”, adding that in future it will refocus on electric mobility.

Its European operations will be reorganised into three divisions: commercial vehicles, passenger vehicles, and imports.

“This could be the first step towards a complete or partial sale” of Ford’s car business in Europe, industry expert Ferdinand Dudenhoeffer of the University of Duisburg-Essen’s CAR institute told AFP.

AFP

Nigeria’s Labour Leaders Call For Mass Creation Of Decent Jobs

Nigeria’s Labour Leaders Call For Mass Creation Of Decent Jobs

 

Labour leaders in the country have called for mass creation of decent jobs for Nigerians, especially the young generation.

The leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) made the call during a rally on Monday in Abuja, the nation’s capital.

They said there was a need to create decent jobs for youths in the country, noting that it would go a long way in reducing the incidences of crime.

READ ALSONLC, TUC ‘March For Jobs’ In Abuja

The labour leaders used the march as an opportunity to call government’s attention to the rising cases of unemployment, de-industrialisation of the economy, and what they described as the near-collapse of social support institutions.

They also demanded that the government increased efforts at eradicating unemployment and supporting social institutions.

The demonstrators, however, warned that mass jobs without decent remunerations would be counter-productive.

They asked employers of labour in the private and public sectors of the country to immediately begin the full implementation of the new national minimum wage.

NLC, TUC 'March For Jobs' In Abuja

 

Part of a statement signed by the Chairman of the 2019 May Day Preparatory Committee, Najeem Yasin, read, “The consequence of mass unemployment in our country, especially youth unemployment is finding expression daily on our streets and communities in the form of increasing crime wave.

“It is high time we arrested this dangerous drift before it consumes all of us. As we march today, we call on government, employers in the private sector, international development partners and local social actors to come together to plot a way out of this cauldron.

“We call on government to rehabilitate public roads, power supply, railways, inland waterways, schools, and hospitals as enabling infrastructure for mass industrialisation and mass job creation.

“Whatever the government does; now is the time to create mass decent jobs for our teeming youth.

“Mass jobs without decent remunerations would be counter-productive. We call on all employers of labour to quickly commence the implementation of the new national minimum wage of N30,000.

“The Nigeria Labour movement will keep a hawk’s eye on all employers of labour, especially state governments to ensure total compliance on the implementation of the new national minimum wage.”

The labour leaders held the march in preparation of Workers Day which is marked on May 1 annually.

The event also coincides with the centenary celebration of the existence of the International Labour Organisation (ILO).

Lagos Adds 740,146 Jobs In 12 Months

Lagos Adds 740,146 Jobs In 12 Months

 

A total of 740, 146 jobs were added in Lagos State between July 2017 and June 2018, the National Bureau of Statistics (NBS) has revealed.

The agency made the disclosure in a report released recently after a survey it conducted, noting that the number of job creation recorded in Lagos was the highest in the country.

According to the report, only nine states were able to reduce unemployment and underemployment rates between the third quarter of 2017 and the corresponding quarter in 2018.

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They include Akwa Ibom, Enugu, Imo, Kaduna, Kogi, Lagos, Nasarawa, Ondo and Rivers, while six states also recorded the highest gains in net full-time employment between Q3 2017 and Q2 2018.

The states are Lagos which added a total of 740,146 net full-time jobs, Rivers (235,438), Imo (197,147), Ondo (142,514), Enugu (122,333), and Kaduna (118,929).

According to the NBS, people often move from state to state seeking job opportunities.

It said this could create a false impression of the status of states at a particular time by reducing the unemployment figures in some states and increasing it in other states.

The report read, “States with a higher propensity for women to be housewives or stay home husbands or that have negative attitudes to working tend to have lower unemployment rates, as they are not considered part of the labour force in the first place.

“These states tend to have a higher proportion of their economically active population outside the labour force, thereby reducing the number looking for work and hence the number that can be unemployed.”

Out of the five states with the highest unemployed population, Lagos also recorded the lowest rate of 14.6% during the period under reference.

Over 3,000 Jobs At Stake As Honda Plans Shutting UK Plant

Workers wait for the launch of the first British built Honda Jazz family supermini to leave the production line at the Honda car plant in Swindon, western England. Max NASH / AFP

 

Honda announced Tuesday it would shut a major plant in Britain, putting 3,500 jobs at risk as the auto manufacturer became the latest Japanese firm to downsize operations as Brexit looms.

The factory in Swindon, southwest England, is Honda’s only EU plant and has produced the manufacturer’s “Civic” model for more than 24 years, with 150,000 units rolling off the line annually.

The plant will shut in 2021, Honda announced, “at the end of the current model’s production lifecycle”.

The decision “has not been taken lightly and we deeply regret how unsettling today’s announcement will be for our people,” said Katsushi Inoue, chief officer for European regional operations, in a statement.

The firm blamed “unprecedented changes in the global automotive industry” for the decision but it comes amid investment uncertainty in Britain ahead of the country’s exit from the EU.

Speaking to reporters in Tokyo, Honda president Takahiro Hachigo said: “I’d like you to understand this is not related to Brexit.”

He said it was “very regrettable” to have to close the plant but said it was the “best choice” given the need to reduce production capacity and reform its global facilities.

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The firm also announced it would stop manufacturing the Civic model in Turkey in 2021.

Honda joins fellow car giant Nissan as well as Japanese firms Sony, Panasonic and Hitachi in scaling back operations in Britain ahead of the country’s departure from the European Union.

Analysts say that while Brexit was almost certainly a factor for Honda, other reasons were likely to have played a part, including a massive EU-Japan free-trade agreement recently signed and the wider struggles of the car industry.

“Honda seems to have been preparing for this for a long time. Then Brexit happened, which might have pushed the company to make the decision now,” Seiji Sugiura, an analyst at Tokai Tokyo Research Institute, told AFP.

Speaking ahead of the formal decision, local finance worker Sue Davis, 49, told AFP the move would be “devastating” for the area.

“I think Swindon’s finished without Honda. My ex-husband works there, has done for 20 years. He’s going to be without a job, so I just think it’s really, really bad news.”

Local MP Justin Tomlinson tweeted ahead of Tuesday’s announcement that the decision had been made “based on global trends and not Brexit as all European market production will consolidate in Japan in 2021”.

– ‘Just in time’ –

Earlier this month, Nissan axed production of the X-Trail SUV in the Brexit-backing northeast city of Sunderland, despite government assurances over the consequences from the EU exit.

Nissan Europe chairman Gianluca de Ficchy said then that the cuts were made “for business reasons” but admitted that “the continued uncertainty around the UK’s future relationship with the EU is not helping companies like ours to plan for the future.”

Auto giant Toyota also warned in February there would be no way to avoid a negative impact in the event of Britain crashing out of the EU without a deal.

Toyota executive vice-president Shigeki Tomoyama noted that the firm’s assembly plant in Burnaston, central England, which produces 600 vehicles per day, operates under the “just-in-time” system that relies on a smooth flow of components from the EU.

“We will have to halt the plant if the car parts are not brought in” from the continent, Tomoyama warned.

Japanese electronics giants Sony and Panasonic, as well as several banks, have moved some of their operations out of Britain since the 2016 referendum that set Brexit in motion.

Prime Minister Shinzo Abe pleaded against a no-deal Brexit in recent talks with his British and German counterparts, telling Theresa May last month: “We truly hope that a no-deal Brexit will be avoided and in fact this is the… wish of the whole world.”

And Japanese officials have reportedly become frustrated with their British counterparts as they negotiate a potential post-Brexit trade deal.

Britain is due to leave the EU on March 29, but its parliament last month rejected a draft divorce deal May negotiated with the bloc, prompting fears the country could crash out without an agreement next month.

bur-ric/sah/mtp

Thousands Protest Against Job Losses In South Africa

Mob Burns Nigerian To Death In South Africa

 

Thousands of South African workers staged nationwide demonstrations on Wednesday to protest high unemployment and government policies that they say have failed to create jobs and are deepening poverty.

Workers dressed in red t-shirts, showing their loyalty to the trade union movement, gathered in the southeastern port city of Durban, Johannesburg and other locations for open-air rallies three months ahead of the country’s general election.

Companies in South Africa, notably in the mining sector, have shed tens of thousands of jobs in recent years in what unions have termed a “jobs bloodbath” as the economy of Africa’s most industrialised nation struggles for growth.

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South Africa has a near-record 27 per cent unemployment rate, with trade unions saying 9.3 million employable people need jobs.

Zingiswa Losi, president of the Congress of South African Trade Unions (COSATU), led the main march in Durban, which was attended by about 6,000 people.

“Today’s march is a national strike and we are marching to (say to the) government and the private sector, we cannot afford to lose jobs in this country,” Losi told reporters at the start of the demonstration.

About 2,000 people attended the Johannesburg rally.

Official statistics released on Tuesday showed that the unemployment rate dropped marginally to 27.1 per cent in the last quarter of 2018 from 27.5 per cent in the previous quarter.

The drop was largely due to casual workers hired over the Christmas holiday period.

South Africa’s economy grew less than one per cent last year and is currently in the grip of its worst electricity cuts in years.

The continent’s largest energy utility Eskom, which has been plagued by debt and mismanagement, plunged the country into darkness this week with rotating black-outs imposed as demand outstripped supply.

COSATU has been a key ally of the ruling ANC party, which is seeking to revive its flagging popularity ahead of elections on May 8, when President Cyril Ramaphosa is expected to retain power.

AFP

US Job Growth Surges In January Despite Government Shutdown

The sign of jobs is seen on the front of the US Chamber of Commerce building in Washington, DC. AFP

 

US job creation had another blockbuster month in January, blowing past the government shutdown, but that disruption helped to push the unemployment rate higher, the Labor Department reported Friday.

Employers added 304,000 net new positions last month — the highest in nearly a year and almost double what economists had predicted — while growth in worker pay held steady just above inflation, according to the report.

The new numbers were welcome news for President Donald Trump, whose already-low public approval rating suffered in the wake of the longest government shutdown in US history.

“Those numbers were very impressive,” he said at the White House. “Other countries in other areas are not doing well and we are doing fantastically well.”

The construction, health care, hospitality and retail sectors added tens of thousands of workers, another sign that the robust labour market remains a fundamental source of strength with the US economy expected to slow in 2019.

READ ALSO: Dangote Hails FG Over New Executive Order Allowing Companies To Build Roads

However, the five-week government shutdown — the result of an impasse between the president and Congress over his plans for a wall on the US-Mexico border — was at least partly responsible for an uptick in the jobless rate to 4.0 per cent, the highest in seven months.

And hiring in December was revised sharply downward to a still-strong 222,000, but far lower than the 312,000 positions initially reported.

While the partial shutdown of the federal government between December and January idled 800,000 government workers, the Labor Department still counted furloughed employees — who would receive back pay — as employed, leaving the monthly job creation numbers unaffected.

 Shutdown boosts unemployment 

But the shutdown was also a driver of the rise in the unemployment rate since the separate survey of households used to determine the joblessness counted furloughed workers as well as contractors as unemployed.

Meanwhile, the increase in unemployment also was the result of more workers coming off the sidelines to join the job hunt.

That increased the size of the labour force, driving the closely watched labour force participation rate up to 63.2 per cent, its highest level in more than five years.

The shutdown also drove about a half million people into part-time work, swelling this group to 5.1 million, its highest level in 16 months.

Hourly pay grew a token 0.1 per cent over December but was up 3.2 per cent over January of last year, well above consumer inflation of 1.9 per cent in the same period, leaving American workers with greater purchasing power.

Employment in leisure and hospitality grew by 74,000 jobs for the month, with restaurants and bars adding 32,000, while construction added 52,000 workers and hospitals and ambulatory care centres together added about 41,000 net new positions.

Economists said the robust job growth was likely more than strong enough to keep the unemployment rate heading downward.

This could put pressure on the Federal Reserve to resume raising interest rates later this year, even though markets now expect no more Fed hikes this year.

Wall Street breathed a sigh of relief this month as policymakers sent strong signals they intended to pause, meaning investors could be in for an unwelcome surprise.

“We expect the labour market to gradually cool in 2019 but the combination of solid payroll gains, rising wages and the falling unemployment rate will continue,” Oxford Economics said in a client note.

“Barring further tightening in financial conditions that would negatively impact economic activity, the very strong labour market picture supports our expectations that the Fed will keep a tightening bias this year.”

Wall Street rose following the report, with stocks boosted by the jobs numbers and a rosy report on activity in the US manufacturing sector.

The Dow Jones Industrial Average was up 0.4 per cent shortly before 1800 GMT.

AFP

‘We Will Regain Our Status As Africa’s Top Recipient Of FDI’ – Atiku

 

Former Vice President of Nigeria and presidential candidate of the Peoples Democratic Party (PDP), Mr Atiku Abubakar, has pledged to boost the nation’s economic fortunes by making it Africa’s top recipient of Foreign Direct Investment (FDI).

In a press statement he personally signed on Wednesday, Atiku regretted that Nigeria has been overtaken by Ghana in the regional bloc of the continent.

He, therefore, vowed to restore jobs for the teeming unemployed youths in the country if elected President in the presidential election on February 16.

“It is with a very heavy heart that I received the news that the Republic of Ghana has overtaken our dear nation as West Africa’s largest recipient of foreign direct investment.

“Therefore, I solemnly declare to Nigerians, that if I am elected President on February 16, 2019, I will be Nigeria’s Chief Marketing Officer, and will never speak ill of our economy, our polity and our youths. My utterances, both at home and abroad, will be used to lift Nigeria’s economy because Atiku means JOBS.

“I believe in JOBS – Jobs, Opportunity, Being United and Security and it is time to get Nigeria Working Again,” he stated.

READ ALSO: Atiku Meets With Nigerians In The US

Atiku recalled that when the PDP governed the nation, especially during his eight-year tenure as Vice President, the country set a pace for Africa in terms of FDI.

According to him, Africa’s most populous nation became the investment hub in the continent under the leadership of his party.

The former Vice President criticised the current administration for not focusing on the nation’s economic challenges.

He further accused the Federal Government of arresting perceived opponents, including some legislators and the Chief Justice of Nigeria, Justice Walter Onnoghen.

Atiku believes that the situation has led to the nation’s economy deteriorating by becoming the world’s headquarters of poverty.

“Sadly, this unfortunate economic indicator has escaped the attention of the current administration, who are more interested in hounding real and imagined opponents, like the Chief Justice of Nigeria and many legislators, than in addressing the rapid economic decline Nigeria is witnessing under their watch.

“It is of particular importance to understand why Nigeria has become an economic pariah under the present administration leading to us becoming the world headquarters for extreme poverty. When you have a leader who habitually travels abroad to de-market his own nation and its economy, things like this are bound to happen.

“It is further exacerbated when that same leader stubbornly blames his predecessors for problems he caused, while at the same time taking credit for achievements and progress initiated and delivered by those same leaders, he makes a habit of denigrating,” he added.

Bill To Stop Age Discrimination For Job Seekers Passes Second Reading

Ortom Condemns Alleged Plot To Overthrow NASS Leadership

 

A bill seeking to eradicate age discrimination/ restrictions against job seekers in the Federal Government agencies has passed its second reading at the House of Representatives.

Sponsored by Reps member, Sergius Ogun, the bill seeks to stop the practice of disqualifying job seekers on account of their age, who are ordinarily qualified for positions in the Federal Government agencies.

“The rationale for this bill is to ensure that no artificial barrier is allowed to preponderate over merit, which rarely has anything to do with age,” he said.

He further explained that it is common to see job adverts, requesting for applications for employment and pegging the age between 25 and 28 years for entry level.

According to him, that system only helps to widen the unemployment gap in the country and must be reviewed.

Brexit To Create 3,500 Finance Jobs In Paris

Britain, EU Reach Historic Deal On Brexit Divorce Terms
British Prime Minister Theresa May (L) is welcomed by European Commission Jean-Claude Juncker at European Commission in Brussels. EMMANUEL DUNAND / AFP

 

Britain’s moves towards exiting the European Union are already expected to create some 3,500 finance and banking jobs in Paris as leading players in the sector move their operations out of London, an industry group said Wednesday.

The figure “is much higher than the direct job transfers to other European financial capitals,” Gerard Mestrallet, president of the lobby group Paris Europlace, said at the opening of the group’s annual conference.

The US asset management giant Blackrock and the bank Citigroup are among the companies planning to move some activities to Paris, according to British media reports.

On top of an estimated 3,500 jobs seen as likely so far, the transfers could generate an additional 20,000 indirect jobs in the French capital, said Mestrallet.

He attributed the shifts to Paris to labour law overhauls and other measures taken by President Emmanuel Macron, a former Rothschild investment banker who is pushing to make France more attractive to foreign investors.

“We’ve made more progress in the past two years in Paris than over the previous 13 years,” he said, citing in particular the end of a wealth tax on financial assets and a new flat tax on capital income, including dividends and interest payouts.

London has long been Europe’s top financial centre, and analysts have predicted a wave of job transfers to the continent by banks and insurance companies as Britain prepares to leave the union in March 2019.

Leading companies in other sectors have also warned they might move operations out of the country, including Airbus, BMW and Siemens.

Paris has several rivals for the post-Brexit business, including Frankfurt, Amsterdam and Dublin.

AFP

Deutsche Bank Slashes Over 7,000 Jobs In Major Shake-Up

Deutsche Bank supervisory board chairman Paul Achleitner speaks during his company’s annual shareholders’ meeting in Frankfurt am Main, western Germany, on May 24, 2018.
Daniel ROLAND / AFP

 

Germany’s largest lender Deutsche Bank said Thursday it will slash over 7,000 jobs and dramatically scale back its investment banking activities as it seeks to turn the page on years of losses.

The announcement came just hours before the bank’s annual general meeting kicked off, where newly appointed chief executive Christian Sewing sought to reassure unhappy investors Deutsche is ready to do what it takes to return to profitability.

“We are not yet where we should be. Therefore we must act, and we must act swiftly and forcefully,” Sewing told shareholders in Frankfurt.

In a statement, Deutsche said the number of full-time positions globally would fall from 97,000 “to well below 90,000”. “The associated personnel reductions are underway,” it added.

Deutsche did not mention which countries would be affected but said a quarter of the jobs in its equities and sales trading business would be cut.

The jobs cull is the first big decision taken by Sewing, who unexpectedly replaced CEO John Cryan in early April.

Sewing had already signalled he was planning deep cuts at Deutsche’s trouble-plagued investment banking arm, shifting the focus to more stable business activities such as retail banking, particularly in Europe.

“We remain committed to our corporate and investment bank and our international presence,” Sewing said.

“We are Europe’s alternative in the international financing and capital markets business. However, we must concentrate on what we truly do well.”

As part of the revamp, Deutsche added that it will reduce the investment bank’s exposures by over 100 billion euros, or around 10 percent.

Deutsche also said it would step up its cost-cutting drive, aiming to reduce adjusted costs to 22 billion euros ($26 billion) in 2019, compared with 23 billion this year.

“Overall, we see today’s announcement as the right step,” JPMorgan analysts said in a client note.

Investors appeared unimpressed, however, with Deutsche shares slipping 1.10 percent to 10.78 by 0945 GMT, against a Dax index of leading German shares up 0.16 percent.

– Angry shareholders –

Thursday’s shareholder gathering is likely to be a stormy one, with investors expected to vent their anger over the bank’s disappointing stock performance, poor earnings results and last month’s turbulent leadership reshuffle.

Former CEO Cryan was unceremoniously ousted after coming under growing pressure from leading shareholders and supervisory board chief Paul Achleitner, who accused the Briton of taking too long to get the financial giant back on track after it posted its third year of losses in 2017.

Sewing, a Deutsche veteran, has vowed to refocus Deutsche Bank on retail banking and asset management, seen as more stable sources of income while slimming down its share trading and other investment banking activities.

In corporate banking, Deutsche plans to slash its commitment to the United States and Asia, and instead focus more on Germany and Europe.

Other items on Deutsche’s restructuring to-do list include fully integrating subsidiary Postbank into its German retail banking operations and further reducing its massive holdings of financial derivatives.

– ‘More effective leadership’ –

Deutsche’s woes can in part be traced back to its bold attempt to compete with Wall Street investment banks in the years leading up to the financial crisis — which left the German giant saddled with a toxic legacy of risky assets and costly legal challenges.

Although ex-boss Cryan was credited with neutralising the worst legal threats, mostly by paying billions in fines and compensation, he failed to drag the bank back into the black.

Deutsche even reported a bigger-than-expected net loss of 735 million euros in 2017, which it blamed mainly on US President Donald Trump’s corporate tax reform.

By early 2018, disgruntled investors had driven the bank’s share price to below half its 2015 level, prompting supervisory board chairman Achleitner to look for a new top manager.

Yet Achleitner has since come in the firing line himself for overseeing years of failed strategies at the bank, and his own future could hang in the balance when he faces a no-confidence vote on Thursday.

Shareholder advisor Hermes EOS said in a statement earlier this week that Deutsche should “start to consider plans for the succession of Paul Achleitner”, calling for “more effective leadership and management stability” at Deutsche.

We Have Created Over 500,000 Jobs In Ogun State – Amosun 

Ogun State Governor, Ibikunle Amosun

 

The Ogun State Government says to a large extent, it has resolved the issue of unemployment in the state by creating over 500,000 jobs within the past seven years.

The Governor, Ibikunle Amosunstated this during the state’s Investors Forum in Abeokuta, the capital on Tuesday while listing his administration’s achievements so far.

“I am sure since we have been there we have created more than 500,000 jobs for our people,” he said while listing his government’s achievements so far.

“I am not talking about liberal jobs. These are jobs that people can begin to plan and say this is my life, I want to build this,” he said.

Mr Amosun also reiterated his administration’s support towards empowering the people of the state through initiatives that would make the state more viable for business.

He explained that his mission was to make the state an industrial hub for investors.

“There cannot be any development if the infrastructures are not there. Now that infrastructure is there, and security is there, all of those businesses, entrepreneurs, investors, everybody is coming to Ogun State.

“It is when they come that we will now begin to say we are now creating wealth, employment for our people. Look at what Unilever is doing. The last time I went there in 2014, they said their new plant would employ 1,500 jobs in three shifts.

“By the time you add the drivers, we are talking about 5,000 (jobs) in one outfit. People will not know but we are putting pen on paper.”

Also addressing issue4s surrounding climate change, Amosun explained that the state was mindful of the effect of cutting down trees without replacement.

He, however, maintained that his government was striking a balance by falling trees with replacement in collaboration with the United Nations’ initiative.

“We are collaborating with Lafarge. Lafarge has this cooperation with the United Nations. So we are part of it and they are trying to preserve Aworo forest where they are trying to plant 100,000 trees.”