Skip to main content

Unemployment: we will train 10m Nigerian graduates under N-Power by 2023 - Osinbajo

Vice President Yemi Osinbajo has said that N-Power Programme introduced by the Federal Government is targeted at training 10 million Nigerian graduates by 2023. He revealed that the N-Power Programme has so far provided jobs for 500, 000 young Nigerian graduates in the last two years.

The Vice President disclosed this while delivering a special lecture on “The Challenges of Human Development in 21st Century Africa” at the prestigious Oxford University, United Kingdom.

He said, “As the proportion of the working age group of 15-59 years will continue to increase steadily over the next years, Nigeria has the advantage of “demographic dividend‟. Harnessing the demographic dividend through appropriate skill development efforts provides an opportunity to achieve inclusion and productivity within the country.

“Over the past two years, through the N-Power Programme, the largest post-tertiary employment programme in Africa, we have been able to offer skills development programmes digitally to over 500,000 young citizens between the ages of 18 and 35. We have set a target of skilling 10 million Nigerians by 2023.”

He also noted that a total of N55 billion has been disbursed to 250,000 farmers under the administration’s Anchor Borrowers Programme scheme, which provides subsidised credit to smallholder farmers so they can boost production with guaranteed uptake by the anchor companies

He added that the continued diversification of the Nigerian economy by this administration and its massive investment on infrastructure are some of the initiatives it has deployed towards promoting growth and human capital development in the country.

According to him, “We have also prioritized spending on infrastructure. Rail, roads, and power in particular. Despite earning 60% less than the previous administration, we have spent N2.7 trillion in two budget cycles on capital, the highest in the nation’s history,“ Osinbajo said.

Comments

Post a Comment

Popular posts from this blog

Stop inflicting economic hardship on Ebonyians with tax demands, ex-SSG implores Umahi

Former Secretary to the State Government of Ebonyi State, Professor Benard Odoh, has implored the Ebonyi State Governor, Engr. David Nweze Umahi, to desist from inflicting economic hardship on Ebonyians. In an open letter he made available to Paulokahblog Friday morning, Odoh said that, "as a way of cushioning the devastating effects of the covid-19 pandemic on Ebonyi’s struggling economy, there is urgent need to jettison the collection of tenement rates/ground rents from landlords, excessive/forceful drive for quarry haulage levies and waiving of personal income taxes".  Odoh regretted that, despite the efforts of the state government in policing its borders against the COVID-19 pandemic, Ebonyi State, as of May 21, has recorded 13 cases and expressed hope that the situation would not get worse in the state in particular and Nigeria in general, even as he pledged support for the state government in ensuring that the active cases are managed successfully "to t...
Post a Comment
Read more

Don't quit by Edgar Albert Guest

When things go wrong, as they sometimes will, when the road you're trudging seems all uphill, when the funds are low and the debts are high, and you want to smile but you have to sigh, when care is pressing you down a bit - rest if you must, but don't you quit. Life is queer with its twists and turns. As everyone of us sometimes learns. And many a fellow turns about when he might have won had he stuck it out. Don't give up though the pace seems slow - you may succeed with another blow. Often the goal is nearer than it seems to a faint and faltering man; Often the struggler has given up when he might have captured the victor's cup; and he learned too late when the night came down, how close he was to the golden crown. Success is failure turned inside out - the silver tint of the clouds of doubt, and when you never can tell how close you are, it may be near when it seems afar; so stick to the fight when you're hardest hit - it's when things seem...
Post a Comment
Read more

Why Ebonyi State is absent at national sports festival- Umahi

The Ebonyi Government on Saturday gave reasons for the non participation of its athletes at the on-going National Sports Festival (NSF) in Abuja. Mr Charles Akpuenika, the state’s Commissioner for Sports and Youth Development, told the News Agency of Nigeria (NAN) that the government was concentrating on locally-organised sporting events to unearth hidden talents. Akpuenika noted that the government organised several sporting events in 2018 as the talents discovered would be groomed to equitably represent the state in zonal and national competitions. “We have organised the inaugural David Umahi Tertiary Institutions Games (DUMTIGA) where several talents were discovered from the participating tertiary institutions in the state. “The state also organised the David Umahi Para-military games where security agencies to promote unity among the agencies and ensure the fitness of their officers. “The school sports competition which was last organised in 2008 is presentl...
Post a Comment
Read more