Plans to invest $ 210 million to help young Nigerians find employment have been finalized by the Nigerian government.
Through the second phase of the Nigeria Jubilee Fellows Programme (NJFP) 2.0, which aims to connect high-potential graduates with real-world work experience, training, and mentorship, the initiative will be spearheaded in collaboration with the European Union (EU) and the United Nations Development Programme (UNDP).
Vice President Kashim Shettima stated on Wednesday that the goal is to bridge the gap between learning and earning for thousands of young Nigerians, graduates who have the education but sometimes lack the opportunity.
He claims that this will give Nigerians the ability to become productive economic power, demonstrating that young people can rise to the occasion when the government offers them structure, partnership, and purpose.
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The VP noted that while the NJFP is a Nigerian initiative that is based on national priorities and based on the sense of purpose, President Bola Ahmed Tinubu’s administration is determined to strengthen the program’s integration into the government’s national planning and budgeting frameworks.
This government will play its part by making sure that the program’s financial commitment reflects our faith in its transformative potential. However, he claimed that national ownership must also imply that everyone is a part of the national conversation.
Private and Public Partnerships
In order to address Nigeria’s unemployment problem, Vice President Shettima also advocated for cooperation between the government and the private sector.
I invite our partners from the private sector, the development community, and the donor ecosystem to join us in creating the NJFP Basket Fund, a sustainable financing mechanism to ensure the program’s future as we launch NJFP 2.0 today.
The VP continued, “Our immediate goal is to raise $ 22 million, not as a charity, but as an investment in our young people’s most precious asset.”
He further urged the EU, UNDP, and other partners to take into account the program’s launch as an opportunity to demonstrate that “young people’s employment is a shared responsibility rather than just a policy priority.”
He argued that the country should take the lead from the front, and that inclusivity is essential to driving the process, and that this should be done through Nigeria’s public institutions, private sector champions, and philanthropic community.
The task is both challenging and inspiring. Our young Nigerians are only asking for a fair system that values effort, recognizes merit, and offers opportunity for them to serve.
Source: Channels TV
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