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Nigeria on track for world’s largest workforce by 2050 — Tinubu

Nigeria@64: Tinubu unveils plan to create 2.5m jobs

President Bola Tinubu has declared that Nigeria is on track to become the nation with the world’s largest workforce by 2050, stressing that his administration is working assiduously to unlock the potential of the country’s young population to drive growth, innovation, and global competitiveness.

Tinubu, represented by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, stated this on Tuesday at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria, held in Abuja.

He said the government has embarked on far-reaching reforms aimed at stabilising the economy, promoting investments, and ensuring that Nigerians at home and abroad can benefit from opportunities across critical sectors.

According to him, his administration’s bold decisions, particularly on subsidy removal and exchange rate unification, were taken to create a resilient economy capable of attracting global investors and providing sustainable jobs for millions of Nigerians.

“Our young population is an asset. By 2050, Nigeria will provide the largest workforce in the world. That is why we are making investments in education, infrastructure, and digital skills to prepare our youths for the opportunities of tomorrow,” Tinubu said.

He assured Nigerians in the diaspora that his government is committed to creating a conducive environment for them to invest back home, noting that their skills, resources, and networks remain critical to Nigeria’s transformation agenda.