Pres. Buhari. |
The
Federal Executive Council (FEC) today, approved the establishment of a new scheme
that is targeted at creating jobs for 60,000 Nigerians aged between 18 and 25
years.
According
to the Minister of Budget and Planning, Udoma Udoma, the new scheme is called
the N-Power knowledge multi-track youth empowerment programme. And under the
scheme, 12,000 unemployed or under-employed graduates aged 18-25 yrs will be
trained and given relevant devices afterwards.
The
training he says will be on mobile computing and commonly used electronic
devices with the Nigerian Government spending N259, 000 per youth while an
additional 207,000 will be spent for work tools and put the value of the
programme at N5,595,669,250 with a completion period of nine months.
The
minister said the programme which has been awarded to Softcome Ltd will be run
under the National Social Investment Programme (NSIP), is open to all
unemployed graduates, after the training, each of the initial 12,000 selected
and trained “will be empowered to train five other youth, leading to additional
60,000 jobs.”
Nigeria
National Bureau of Statistics in December unemployment rate stands at 23.1 per
cent, up from the previous rate of 18.8 per cent released in the third quarter
of 2017. Partime employment/underemployment slowed to 20.1 per cent in the
third quarter of 2018 from 21.2 per cent in the third quarter of 2017.
Although
there was a marginal increase in the number of people employed from to 69.09
million in Q3 2017 to 69.54 million in Q3 2018, the total number of people
unemployed upped from 17.6 million in the fourth quarter of 2017 to 20.9
million in the third quarter of 2018.
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