SubNews Magazine unveils foundation …urges Buhari to declare emergency in critical job creation agencies

SubNews Magazine today officially announced the unveiling of the SubNews Empowerment Foundation (SEF); a novelty that would bring about positive impact on the lives of the unemployed Nigerians and less privilege of the society.

Speaking at the unveiling event in Abuja, the Editor-in-Chief, SubNews Magazine, Mr. Tony Christian, said that SEF is an organ of SubNews Magazine essentially floated to complement various empowerment policies and programs of government in rural communities.

Tony Christian said the Foundation would regularly conduct research on the needs in communities and publish information that might be useful for government planning and empowerment strategies.

While expressing confidence on President Muhammadu Buhari’s job and wealth creation agenda, he called on the President to declare a state of emergency in critical job and wealth creation agencies of federal government across the country. 

“With the unveiling of SEF, SubNews Magazine has opened a new chapter in the history of Nigeria media practice where media organizations do not only tell stories but cooperate with government, corporate bodies and relevant stakeholders to empower the downtrodden in our communities.

“Concerned over the growing unemployment rate in Nigeria, SEF is calling on President Muhammadu Buhari to declare a state of emergency in critical job and wealth creation agency of federal government, namely: the Bank of Industries Ltd (BoI), Bank of Agriculture (BoA), Industrial Training Funds (ITF), Small and Medium Enterprises Development Agency (SMEDAN) as well as the National Economic Reconstruction Fund (NERFUND).

“SEF is particularly worried that while Nigerians are not in doubt about President Buhari strong and robust determination to reposition and restructure BoI to effectively serve as number one delivery vehicle to tackle unemployment and wealth creation challenges of the country, it would be counterproductive if the president fails to overhaul the existing management teams as presently constituted and replace them with individual who truly shares the vision and aspiration of the president alongside his change agenda.

“SEF is confident that with patient and support of all, the present administration will not only fulfill the promises made to Nigerians, but would lay a solid foundation upon which will lead to Nigeria’s greatness”, he stated.