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Buhari Unveils New Job Scheme (Details)

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President Muhammadu Buhari, Tuesday, unveiled Nigeria Jubilee Fellows Programme designed to create new opportunities for 20,000 recent graduates annually.
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Speaking during the ceremony at the State House, Abuja, he said: “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 annually, the beneficiaries will use the opportunities presented to them and maximize their 12 months of engagement.”
According to him, “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.’’
He said the programme will 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 annually for three years.
The President, who encouraged all eligible Nigerians to apply for the jubilee programme, also urged private sector organisations to join by providing work placement opportunities, mentors and funding.
President Buhari said 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 the Jubilee Fellows Programme will further consolidate on the success recorded.
In his remarks, the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo said the government remained 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 will continually support Nigeria to move human potentials across the country to capacities and skills that will place the country on a better pedestal.
“Each day, young Nigerians continue to break barriers with their capacity and ingenuity,’’ he said, “Young Nigerians have produced outstanding innovations. There is no shortage of talents in Nigeria.’’

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