Vice president Yemi Osinbajo has announced that the Nigerian Government and the United Nations Development Programme will launch a job training fellowship for Nigerian graduates
Osinbajo made the announcement on Wednesday while speaking at an event in Abuja Tagged, ‘Nigeria Jubilee Fellows Programme (NJFP).’ this initiative will create internship opportunities for young Nigerians who have recently concluded the National Youth Service Corps (NYSC) programme
He said that the fully-paid internships will last for 12 months and will be in reputable private and public sector organizations across the country. While noting that the one-year fellowship programme will be launched by President Muhammadu Buhari “very shortly,” Osinbajo said the NJFP will rewrite the narrative as it relates to jobs, skills and employment in Nigeria.
“The Nigeria Jubilee Fellows Programme will bridge the gap between graduates and industry. Through this programme, private sector entities, start-ups and key public sector institutions will be connected directly to graduates to find the best young talent that Nigeria has to offer. Graduates will be able to better understand the needs, challenges and realities that industries broadly face, and learn how best to contribute to addressing them.”
Private sector partners of the programme include BUA, Dangote, VISA Nigeria, Outsource Global, GE Gas and Power, Lafarge Africa, SecureID, Microsoft, among others.
Nigeria’s unemployment rate as of the end of 2020 rose to 33.3% from 27.1% recorded as of Q2 2020, indicating that about 23,187,389 (23.2 million) Nigerians remain unemployed. So the NJFP scheme would help reduce unemployment among young people who constitute 30% of the youth population in Africa.