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Chris Ngige
SMEs

50% of Nigerians in social security net’ll reduce crime rate — Ngige

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The Minister of Labour and Employment, Senator Chris Ngige, has said that capturing up to 50 per cent of jobless Nigerians into the social security net will help in reducing crime rate and addressing unemployment.

A statement issued by the Deputy Director (Press) in the ministry, Mr. Samuel Olowokere, in Abuja on Monday said the Federal Government will capture at least 50 per cent of the population in the social security net. The minister announced the scheme while presenting the country’s position at the on-going World Social Security Summit in Panama City, Panama

A statement from the Deputy Director (Press) in the ministry, Mr Samuel Olowokere, in Abuja on Monday noted that the objective was to tackle youth unemployment and restiveness through job creation, notwithstanding the tough economic challenges facing the country.

“Some of the programmes in our integrated social protection scheme are already being implemented as evidenced in the 200,000 graduates who will commence work by next month.

“More of the jobs are in the offing. Our target is to ensure that millions of Nigerians are lifted out of poverty line while at least 50 per cent of the population is captured in the social security net.

“The decision of the Federal Government to employ 200,000 graduates in the first phase, in spite of the teething economic challenges is quite a good one.

“It is an eloquent expression of its dogged commitment to lift millions of Nigerians out of poverty,’’ he said and promised that more jobs were coming quoted Ngige as saying that the social intervention scheme was one of the cardinal programmes of the administration to address unemployment.

Explaining more issues in Panama on the theme ‘Evolving Role of Social Security in a Changing World,’ the Minister argued that in spite of the challenges facing the country, the federal government would remain committed in pursuing its social security goals.

To him, the priority attention being given to healthcare delivery system to the rural dwellers was core to the agenda of the government and government was poised to give more support to the operations of the National Health Insurance Scheme as well as that of the National Pension Commission (PENCOM).

At a bilateral meeting with Mr Yin Weimin, the Chinese Minister of Human Resources and Social Security, Ngige sought China’s assistance in developing and deepening Nigeria’s social protection programmes.

He said that Nigeria would tap into the Chinese model of social security academy, adding that the effort was to institutionalise social security practices in the country since China won the award for the best social security nation for 2016.

“This is because they were able to capture 100 million persons yearly into their social security, totaling a billion in the last decade,’’ he said.

The summit was organised by the International Social Security Association (ISSA), a major social partner of the International Labour Organisation (ILO) and hosted by the government of Panama.

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