The Vice President , Prof . Yemi Osinbajo , said on Thursday that the Federal Government was creating a “ payroll support ” for private schoolteachers and artisans to cushion the untoward economic effect of the COVID – 19 pandemic on them .
He added that the Federal Government had secured land in 11 states of the federation to build thousands of two -bedroom apartments for Nigerians at the cost of N 2 m each .
He also declared that he was too busy to think about the 2023 elections.
Osinbajo spoke at the ongoing 60 th Annual General Conference of the Nigerian Bar Association .
He featured on the “ state of the nation ” session with the theme , “ A stimulating exchange on the State of the Nation ,” moderated by the Publisher of ThisDay newspaper , Mr Nduka Obaigbena.
The vice president said the Federal Government ’s efforts were geared towards saving jobs and creating new ones amid the pandemic.
Osinbajo said , “ Through the Economic Sustainability Plan , the FG ’ s focus is to save jobs and create new ones . Similarly , there is a survival fund and payroll support for artisans , private schoolteachers and small businesses .
“ We are currently compiling the data , the criteria is already set . There are plans also for other sectors including the hospitality and aviation sector .”
On the Federal Government’ s housing plan , Osinbajo said , “ These houses are to be built by young engineers , architects and artisans . We hope to build thousands of two -bedroom apartments for about N 2 meach . ”
Osinbajo said despite the decline , Nigeria ’s economy had fared better than some other countries .Economics like politics is local . In comparison to other economies we have fared better . We , however , recognise that there is a severe decline . The Economic Sustainability Plan is our response to that and we will focus on local industry , local resources and local production , ” he said.
On the question of the future of his political career and the 2023 general elections, Osinbajo said , “ There are other issues to be tackled and that has my undivided attention. ”
He added that he was “ incredibly grateful ” for the present opportunity he had to serve the nation
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