Members of the House of Representatives and other stakeholders on Tuesday asked the Federal Government to urgently fix the public power sector if it was serious about generating employment and reducing criminal activities in the country.
They noted that the high unemployment rate in the country had given room to an army of employment racketeering outfits, which capitalised on the desperation of the unemployed population to defraud them of huge sums of money yearly.
For example, the Nigeria Social Insurance Trust Fund, stated that government must “accelerate policies to encourage existing business concerns and encourage social responsibility of the corporate organisations.”
Its Acting Managing Director, Mr. Ismail Agaka, told the House of Representatives Committee on Labour, Employment and Productivity that one key area that would promote employment generation was the “troubled” energy sector.
He said, “To reduce employment, crimes and social unrest in the country, government must fix the energy sector. By fixing the troubled power supply situation, the economy will be improved because more investors will be interested in investing, and in turn, create jobs and wealth for the populace in general.”