Vice Presidential Candidate of the All Progressives Congress (APC), Prof. Yemi Osinbajo has unfolded plans by his party to introduce a social security scheme for the elderly and disabled in Nigeria just as he promised that APC-led Federal Government will provide 720,000 jobs in its first year, when elected come February 14.
Professor Osinbajo disclosed this on Thursday in Benin City when he met with the people of Edo State across political divides where he articulated the position of APC in its quest to effect change in the social and economic life of Nigerians.
Addressing the mammoth crowd at Imaguero College Hall, Osinbajo said, “For the first time in the history of Africa, we are introducing a social security scheme. It means the elderly who are poor and the disabled will be given stipends.
“Now the reason why that is important is because our country has continued to be one of the poorest 35 countries in the world despite our resources. We have 110 million people who are extremely poor, so we need to lift people out of poverty.”
“As a first term relief, the APC intends that state governments will, with the backing of the Federal Government that has 52% of the revenue control, employ 20,000 young persons per state acting as emergency relief.
He said, “If we do not tackle that emergency, we will run into trouble because as you can see, there is a lot of youth restlessness. You will notice that unless we do something about this, we will be in great trouble.”