President Mahama promises more jobs in the next four years

President John Dramani Mahama  on Thursday morning gave the assurance that the National Democratic Congress's second term would expand job opportunities in the country to absorb teeming graduates from the tertiary institutions. He said the jobs would be created through the expansion of the Gross Domestic Product, identification and retooling of brisk businesses, Youth Skills Enterprise Programme and the extension of Venture Capital to Small and Medium Term Enterprises. President Mahama gave this assurance when he addressed students of Cape Coast Polytechnic and University of Cape Coast at separate rallies as part of his two-day campaign tour of the Central Region. He earlier on addressed similar rallies at Praso, Assin Bereku, Assin Fosu, Twifo Praso, Twifo Hemang, Jukwa and the Cape Coast Central market. The President explained that under the identification and retooling of vigorous businesses, government would identify all businesses that had the potential to grow rapidly and retool them to expand to absorb more unemployed youth. He said under the Youth and Skills Enterprise Programme, individuals would be assisted to develop their businesses, who would not only make them employees, but would also empower them to employ many others. President Mahama said plans were also advanced to turn all the Polytechnics in the country into Technical Universities, which would tackle and advance science and technology for the next generations. The president also announced that GHc100 million out of the Chinese Development Bank loan would be used for the Small and Medium Enterprises Incubator programme through the Association of Ghana Industries. He said the money released to the SMEs would serve as a revolving fund that would benefit all the groups and individuals engaged in business expansion.

GNA