The suspension of the initial plan by the Federal Government to increase excise tariff by more than 500 per cent on spirit, wines and tobacco products saved over 165,000 jobs, the National Union of Food, Beverage and Tobacco Employees (NUFBTE), has said. The union said with its intervention and special appeal made to the government…

Gov. Oluwarotimi Akeredolu of Ondo says the proposed port in Ondo will change the landscape of the state. Akeredolu made the observation in Akure on Thursday during the submission of the feasibility report on the Port of Ondo Deep Sea. He said that the Port of Ondo would be the only viable deep sea port…

Nigeria needs to create about 11 million new jobs yearly to tackle youth unemployment facing the country.  The Regional Coordinator, United Nations Environment Ecosystem Based Adaptation for Food Security Assembly (EBAFOSA), Dr Richard Munang, disclosed this at the UNEP-EBAFOSA Nigeria policy harmonisation meeting for implementing the Economic Recovery Growth Plan (ERGP), and Climate Action, held…

President, Rome Business School, Antonio Raguasa said the institution would contribute its quota to bridging the gap between formal education and the job market across Nigeria. Stressing that the country has a lot of potential, he said the vision of the business school is to create and shape managers in accordance with their respective skills…

Weak capacity to attract foreign investments and challenging local business environment have been attributed as major reasons the private sector is unable to create jobs needed to stem the rise in unemployment.    Indeed, Nigeria’s unemployment rate increased from 18.8 per cent in the third quarter (Q3) of 2017 to 23.1 per cent in Q3…

Dangote Sugar, a subsidiary of the Dangote Group, is expanding its production chain that will lead to increment in the volume of products that will generate 20,000 new employment opportunities next year. Director, Dangote Sugar, Abdulsalam Waiya, disclosed recently in Kano. Waiya said the Sugar subsidiary established in year 2000 with maximum production of 500…

With 50 per cent of fatalities on construction sites attributed to weak scaffolding, wrong formwork placement and poor training, experts in the construction industry said inclusiveness and increase in local content would significantly reduce the trend. They stressed that local content would also groom entrepreneurs, creates employment opportunities in construction and other sectors of the…

The Infrastructure Concession Regulatory Commission (ICRC) has disclosed that the proposed Enyimba Economic City is expected to attract long term and foreign investments, thereby integrating Nigerian businesses (manufacturing and services) into regional and global supply / value chains. ICRC said the project, which is expected to commence quarter one, 2019, would sit on a 9,803…

A business group warned on Tuesday that a labor shortage in Canada is deepening, with more than 430,000 jobs at small and medium-sized firms remaining unfilled for at least four months. The job vacancy rate has risen to 3.3 percent, from 2.9 percent a year ago, the Canadian Federation of Independent Business (CFIB) said in…

In order to defeat terror, Nigeria needs a well thought out anti-terror plan and one thing that must be central to that plan is the buy in of the people because terror can only thrive where there is local support. Take that local support structure away and the terror architecture will collapse like a pack…

Thousands of Nigerian graduates from universities across the country join the labour market (some prefer to say favour market) annually. Whether it is labour or favour market, the fact is the job market is changing at the speed of light and if these graduates do not catch up, a good number of them graduates will…

The Chief Executive Officer, Outsource Global, Amal Hassan, is partnering with world leaders to create job opportunities for African youths. Hassan, a leading Nigerian technopreneur, who is passionate about fostering economic development through growth-enabled career path for knowledgeable youths, recently discussed with world leaders on ‘How to deliver a new approach that raises ambition and…