Institute lists ways out of uneployment
The Institute of Productivity and Business Innovation Management (IPBIM) of Nigeria, has said that before nations especially Nigeria, could get over the menace of unemployment, there is a need for government to create the enabling environment through its policy making process and initiate productivity education from primary to the tertiary levels.
The IPBIM President Remi Dairo, who was the guest speaker at the 2016 National Productivity Day, said factors affecting average productivity in Nigeria are so huge for any individual running a business in the country. He added that the human capital development required an enabling environment to thrive.
According to him, there are many variables that contribute to national productivity and one of them is policy consistency, noting that this could be restricted by a wrong government policy.
Remi, who is also a globally renowned productivity expert, and UK Certified Life Coach, with focus on personal productivity, noted that the economy presently is going through hard times, which also holds many opportunities for the productive mind.
He argued that many great companies in the world came out of hard times, adding that hard times are no time to complain or indulge in blame game.He urged Nigerians to stand up and make use of the opportunities that foreigners are cashing in on the country, saying that there are many South African companies that have increased their income in billions and developing their country’s economy just because they came to Nigeria. When they were expanding, Nigerians are complaining, he said.
To fast track development, he said the nation needed a productive environment; while the cost of doing business must be dropped, and it is the responsibility of the government to create the enabling environment.
Secondly, stakeholders must go beyond just productivity to creating innovative economy. These among others, will have a ripple effect on the national productivity.He also urged government to find fundamental solution to unemployment; and introduce productivity education at all levels, saying that education must be functional, not just academic approach.
“Graduates should be sent to the Institute of Productivity to upgrade their skills and be ready for the job. Organisations should open their doors for internship for the youths to enhance their capacity, and there should be tax holiday for young businesses that are striving to survive within three years,” he concluded.