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The Vice President, Dr. Alhaji Mahamudu Bawumia has urged graduates to begin plans to venture into their own businesses.
According to Dr. Bawumia, should the youths begin to plan for their own businesses, it will enable them to build a sound future for themselves and contribute to the development of the country.[ads2]
“Not only are you expected to be working in the public sector; you are equally expected to be drivers of the private sector. Some of you should start planning to begin your own businesses with knowledge gained from the training you have received, and possibly employ others.
” You should develop such positive traits as hard work, honesty, dedication, trustworthiness, and humility”, the Vice President said this in a speech read on his behalf by a Deputy Minister of Education, Rev. John Ntim Fordjour, at the 13th congregation of the University of Mines And Technology (UMaT) in Tarkwa over the weekend.[ads3]
This comes after the Finance Minister, Ken Ofori Atta, few days ago said that the government’s payroll is full and the youth should inculcate the habit of venturing into their own businesses.
Ken Ofori Atta stated that government is spending about sixty percent of its revenues on renumerating some 650,000 people which has made the government’s payroll full.[ads4]
“The future for you in regard to jobs is the most important thing for you at this stage, and we have gone through a period when most people look for a job from government or state institutions, but that payroll is full.
“I can tell you that because we are spending about 60 percent of our revenue on renumerating some 650,000 people, and that is not sustainable,” he said..[ads5]