King Charles III Unveils Initiative To Reduce Unemployment In Nigeria

The New Diplomat
Writer
King Charles III Unveils Initiative To Reduce Unemployment In Nigeria

Ad

What weapons China put on display at its military parade

Chinese President Xi Jinping oversaw a massed military parade in central Beijing on Wednesday to mark the 80th anniversary of the end of World War Two. Here are some of the weapons China's People's Liberation Army put on rare public display in a show of its growing prowess and ability to project power far from…

Trump accuses Xi of conspiring against US with Putin and Kim

US President Donald Trump has accused Chinese counterpart Xi Jinping of conspiring against the US with the leaders of Russia and North Korea. Trump's comments came as China hosted world leaders at its largest-ever Victory Day parade in Beijing on Wednesday - a showcase of China's military might. In a post on Truth Social, Trump…

Oil Prices Hold Steady After U.S. Sanctions on Iranian Crude Scheme

Crude oil prices stabilized today after inching up on Tuesday following the news of new U.S. sanctions on people involved in exporting Iranian crude disguised as Iraqi crude. At the time of writing, Brent crude was trading at $68.93 per barrel and West Texas Intermediate was trading at $65.42 per barrel, both slightly down from opening. On Tuesday, the…

Ad

By Agency Report

His Majesty, King Charles III of England, has set up an initiative to tackle unemployment, bridge the skills gap and enhance the employability of Nigerian youths.

This was disclosed during the Prince’s Trust International (PTI) Recruitment Fair on Tuesday in Lagos.

The fair was done in collaboration with the Nigeria Employers’ Consultative Association (NECA) and Field of Skills and Dreams (FSD).

Mr Will Straw, the Chief Executive Officer, PTI, said that job scarcity was a global challenge and not peculiar to Nigeria.

Straw noted that Nigerian youths are faced with the issues of skills, jobs and experience gaps.

“Over 10 million Nigerian children are out of school.

“Many more leave school early to start earning; among those who complete their schooling, many can leave education without the skills needed to enter the workforce.

“And with far more job seekers than formal jobs, most young people in Nigeria have to work in the informal sector, which makes up over half of the economy.

“Young people are told you can’t get a job because you lack experience, but can’t gain experience because you can’t get a job,” he said.

To address these challenges, Straw said that the PTI aims to bridge the gap by focusing on programmes that would equip youths with skills.

Straw noted that the PTI was founded by His Majesty King Charles III to tackle the global crisis of youth unemployment.

He added that the programmes are in 23 countries around the world.

According to him, the PTI in collaboration with local partners work on providing opportunities to develop the skills, communication, resilience and confidence of youths to succeed and deliver tangible employment outcomes.

“We work with local partners to deliver education, employment and enterprise programmes that empower young people to learn, earn and thrive,” he said.

Straw said the PTI was working with the private sector to recruit youths, noting that 96 per cent of youths that had undergone their programmes were employed within three months.

“Our ambition in Nigeria is to create life-changing opportunities for young people, aiming to directly support tens of thousands of young people in the years ahead and many more indirectly in their families and communities,” he said.

Similarly, Ms Arunma Oteh, the PTI’s Trustee and former Vice President, World Bank, said that 60 per cent of Nigeria’s population are youths, noting that investment in youths was worthwhile and sustainable for development.

Oteh, who was also a former Director-General, Securities and Exchange Commission in Nigeria, expressed excitement at the possibility the programme portends for young Nigerians, employers and the country.

She said that Nigerian youths are hardworking, creative, and resilient.

Oteh said the launch of the PTI in Nigeria would catalyse more changes and development in the country.

Also, Mr Oyerinde Adewale-Smatt, the Director-General, NECA, said unemployment was a great challenge for the country and was projected to grow to 40 per cent in 2023.

Adewale-Smatt said that the partnership plays a critical role in addressing unemployment, skills gaps and employability in Nigeria and Africa.

Similarly, Mrs Omowale Ogunrinde, Founder, FSD, said that many employers are looking beyond certificates to skills that would enhance the values and operations of the organisation.

Ogunrinde disclosed that 3,891 applicants applied for the recruitment fair, but 120 were successful and shortlisted for the recruitment process with 30 organisations at the fair.

Earlier, Ms Kachollom Daju, the Permanent Secretary, Federal Ministry of Labour and Employment, said that unemployment was an issue of concern to the Federal Government.

Daju said that the government had made deliberate efforts to bridge the youth unemployment gaps through several interventions including upgrading of skills centres and the National Development Plan, among others.

She commended the organisers of the fair, noting that it aligns with the government’s effort to bridge unemployment, reduce poverty and enhance development in the country. (NAN)

Ad

X whatsapp