President Muhammadu Buhari has said the newly built international terminal of the Murtala Muhammed Airport in Lagos will create 3,000 direct and indirect employment jobs for Nigerian youth.

Buhari said this as he commissioned the new terminal on Tuesday.

“This improvement will increase airport operation and management services to about 14 million passengers per annum. With a positive multiplier effect by creating 3,000 direct and indirect employment opportunities for our youth,” Buhari said.

Also, the president said the terminal will increase inflow of foreign direct investment and exponential growth in the Growth Domestic Product (GDP).

According to the Nigeria Bureau of Statistics (NBS), Nigeria’s unemployment increased to 33.30 per cent in the fourth quarter of 2020 from 27.10 per cent in the second quarter of 2020.

However, in the long-term, the unemployment rate in the country is projected to trend around 32.00 percent in 2022 and 30.00 percent in 2023.

PT