FG targets new 20,000 jobs yearly with post-NYSC scheme
President Muhammadu Buhari has launched the Nigeria Jubilee Fellows Programme. Specifically designed to create new opportunities for 20,000 graduates, yearly.
At a ceremony in the Presidential Villa, Abuja, President Buhari assured that it would provide opportunity for mentors, who were already engaged in various industries, gain relevant experience and built capacity over the years to provide mentorship and support for young Nigerians.
The President explained: “Beyond the skills and work experience, we will be building a new culture of mentorship and guidance that can chart a new course for skills development and work experience in our country.
“We believe that as this programme creates new opportunities for 20,000 recent graduates, yearly, the beneficiaries will use the opportunities presented to them and maximise their 12 months of engagement.”
“The jubilee programme will provide a pathway for young Nigerians to gain work experience in top tier organisations, gaining relevant skills and building the right networks for the future in various sectors including information and communications technology, financial services, trade, manufacturing, agriculture and agro-processing.
“Other sectors include mining, telecommunications, creative industries and technology, education, health, research and development, and public sector institutions. We believe that building the right skills and experiences across these sectors are important to sustain the economic growth we are experiencing,” the President said.
He said the programme would build on other efforts of the government to support young Nigerians such as, the N75 billion youth fund in the Ministry of Youth and Sports Development, which was created to support young Nigerians in business or with business ideas, with N25 billion released yearly for three years.
The President further encouraged all eligible Nigerians to apply for the jubilee programme, while urging private sector organisations to join by providing work placement opportunities, mentors and funding.
“I would like to say thank you to the United Nations Development Programme and the European Union for their support on this vital initiative. And I hereby declare the programme open,’’ he said.
President Buhari also explained that focus on job creation, consistency in policy and innovation stimulated a 5 per cent growth of the economy in the second quarter, 2021, which is the highest in six years, assuring that Jubilee Fellows Programme will further consolidate on the success recorded.
In his remarks, the Minister of Industry, Trade and Investment, Adeniyi Adebayo, said the government remains appreciative of the role of the private sector in transforming economies by creating employment and employment opportunities and investments.
He said start-ups, largely driven by young Nigerians, attracted 170 million dollars in the past year, which was the highest on the African continent, explaining that the Nigeria Jubilee Fellows Programme was to celebrate the nation’s 60th anniversary.
Adebayo noted the role of Vice President Yemi Osinbajo in driving the initiative to fruition and support of the United Nations Development Programme (UNDP).
The Resident Representative of UNDP, Mohammed Yahya assured that the UN would continually support Nigeria to move human potentials across the country to capacities and skills that will place the country on a better pedestal. EU Deputy Head of Delegation, Alexandre Borges Gomes and UN Resident Coordinator, Edward Kallon, commended the initiative, saying the programme benefited from wide consultations.
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