Connect with us

Business

Unemployment: ITF Wants Change Of Skills Acquisition Perception

Published

on

The horrendous unemployment crisis in Nigeria could only be solved with the change of the current perception of skills acquisition as a preserve for the never-do- wells, the poor and the wretched in the society.
If Nigerians successfully change their perception of about technical skills, the problem of unemployment and other development issues would have been half-tackled.
The Director-General of Industrial Training Fund (ITF), Mr. Joseph Ari gave this advise at a briefing in Abuja on the activities of ITF.
Despite government’s best efforts, unemployment was still on the rise.
Painting the gloomy picture of job situation in Nigeria, he said, that projections suggested that the country’s population was expected to hit the 500 million mark by 2050, making it the third most populous country on earth.
“Much as accelerated population growth could be an advantage, it becomes a huge disadvantage and a severe dead weight where this population is neither employed nor equipped with the requisite skills for sustenance.
“And if the current unemployment rate is responsible for the high incidences of violence, criminality and other social vices that are rampant today, it would be safe to conclude that such incidences will conceivably escalate exponentially, if deliberate actions to equip Nigerians with competitive skills for job creation and growth are not taken.”
He explained that some disturbing facts have emerged in a survey, the report of which was presented to stakeholders in Abuja in April this year.
The report, he said, indicated that despite spiraling unemployment, 925 trades were either difficult or hard to fill in the country’s labour market.
“The breakdown showed that 19.7 per cent vacancies were in the housing sector, 13.9 per cent in petro-chemical sector, 14.7 per cent in other goods, 11.4 per cent in the auto industry.
“Others are 10.3 per cent in textiles, 10.1 per cent in steel, 8.9 per cent in the services sector and 3.3 per cent in the leather industry.
“The report also noted that 15.7 per cent of all hard to fill vacancies were due to lack of technical skills, 11.8 per cent due to lack of basic IT skills, 9.2 per cent due to lack of advanced IT skills and between 9.2 per cent and 7.5 per cent of the vacancies were due to the lack of requisite soft skills.”
He said that the report which further corroborated in-house skills gaps surveys of ITF, showed that despite rising unemployment, numerous vacancies still existed in several sectors of the national economy.
These vacancies could not be filled by Nigerians because of the absence of the requisite skills or were being filled by foreigners.
In order to address the problem and stem the spiraling unemployment, President Muhammadu Buhari’s job creation efforts, management came up with a list of implementable programmes for year 2018.
The programmes are aimed at skill acquisition in all the sectors already identified as well as in the building and electrical industry, and agriculture, all on various platforms to train 13,000 Nigerians in five months.
These platforms are the National Industrial Skills Development Programme (NISDP), Women Skills Empowerment Programme (WOSEP), Air-conditioning and Refrigeration (Training on Wheels), and Designing and Garment Making (Training on Wheels) for Nigerian youths.
Others are Skills Training and Empowerment Programme for the Physically Challenged (STEPP-C), Post-Harvest Techniques and Project Development, Aqua-culture/Fish Farming, Manure Production, Crop Production/Greenhouse Technology Poultry farming, Training Programme Development on International Marketing.
In the face of this bleak outlook and in line with our mandate, the fund has also accordingly unveiled one of its most ambitious plans, tagged the “ITF Reviewed Vision: Strategies for Mandate Actualisation”.
“It is a six-year plan divided into Quick wins, medium and long-term goals. The implementation of the plan, which commenced in late 2016 will terminate in 2022.
“The key objectives of the plan was to accelerate the impartation of technical vocational skills to Nigerians, aggressively address service challenges, tackle infrastructural deficits, expand revenue generation and a gamut of other strictures impinging the actualization of the fund’s mandate.
“About two years into its implementation, I am pleased to say that, it has almost exceeded expectation by training over 150,000 Nigerians, who are today earning sustainable livelihoods as paid employees, or as entrepreneurs that are employing others. ”
ITF has expanded the existing skills acquisition programmes and introduced new initiatives.
These programmes include the National Industrial Skills Development Programme (NISDP), the Women Skills Empowerment Programme (WOSEP), Passion to Profession Programme (P2PP), the Skills Training Empowerment Programme for the Physically Challenged (STEPP-C) and the Construction Skills Empowerment Programme (CONSEP) among several others.
In addition, unlike in the past where the ITF depended on state governments to assist trainees with start-up kits, all the beneficiaries of the programme were provided with start-up kits by the fund.
“The essence was to ensure that they started their businesses upon graduation. The decision to provide start-up packs was based on results of our tracer studies of earlier phases, which revealed that in all cases where the trainees were provided with the kits, over 90 percent earned reasonable livelihood as entrepreneurs.”

Continue Reading

Business

TTP Trains Customs Agents, Freight Forwarders On Eto App 

Published

on

In a concerted effort to tackle racketeering and reduce inflated transportation costs in the Nigeria’s seaports, Trucks Transit Parks Ltd. (TTP) has trained Licensed Customs Agents and Freight Forwarders on the use of its Ètò electronic call-up system.
The training was held recently at Customs Processing Centre (CPC) Auditorium, Apapa, Lagos, in collaboration with the Nigeria Customs Service (NCS) and supported by the leadership of the Joint Association of Licensed Customs Agents and Freight Forwarders (JALCAFF), Apapa Command.
Speaking at the event, Comptroller Babatunde Olomu expressed appreciation to TTP for facilitating the training and emphasized the need for customs agents to take personal ownership of the Ètò booking process.
“I want to thank TTP for this impactful training. I encourage all customs agents to begin doing their own bookings directly. By doing so, they can take back power from the unscrupulous elements exploiting their lack of knowledge, selling tickets at highly inflated prices,” Olomu declared.
He noted that empowering agents with hands-on training was key to dismantling racketeering networks that have plagued access to the ports and frustrated efficient logistics processes.
Also speaking, the Chairman, Apapa Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA), Chief Emeka Chukwumalu, said the engagement was critical to the ongoing push to reduce cargo transportation costs and ease business operations at the Apapa Port.
According to a freight forwarder, “The training is basically for us to have awareness of the operations of the Ètò call-up system through TTP. We also want to brainstorm on ways to reduce the high cost of cargo transportation in Apapa Port.
“This training opened our eyes to how simple it is to book tickets ourselves. We now know the right steps to follow and how to avoid falling victim to fraudsters.”
Earlier, Head of Operations at TTP, Mr. Irabor Akonoman, talked on common misconceptions about ticket pricing, reaffirming that the cost of Ètò bookings had remained consistent since its inception.
“The official price remains the same since inception. What people are paying higher amounts for is the manipulation by racketeers”.

Continue Reading

Business

NECA Holds MSME Fair To Drive Growth 

Published

on

Towards strengthening small businesses and promoting a more supportive regulatory environment, the Nigeria Employers’ Consultative Association (NECA) says it will hold the 2025 edition of its flagship MSMEs Fair on Tuesday (May 6, 2025).
The event, themed, “Galvanising MSMEs for Economic Growth and Stability”, will take place at NECA House in Lagos.
According to NECA’s Director-General, Mr Adewale Smatt Oyerinde, the fair seeks to provide micro, small, and medium enterprises with essential tools, resources, and strategic networks to thrive in Nigeria’s challenging business climate.
He emphasised the vital role MSMEs play in national development, describing them as the “lifeblood of Nigeria’s economy.”
Oyerinde noted that the fair is designed to offer entrepreneurs practical solutions to navigate economic uncertainties, regulatory hurdles, and business scalability issues.
A major attraction of this year’s event is the keynote address by the CEO of FATE Foundation, Mrs. Adenike Adeyemi, a prominent advocate for MSME development.
She is expected to share transformative insights on innovative strategies for sustaining and growing small businesses in Nigeria.
A unique feature of the fair will be interactive sessions with key regulatory bodies. Entrepreneurs will engage directly with agencies responsible for licensing, compliance, taxation, and business registration.
NECA said these sessions aim to demystify bureaucratic processes and foster a more enabling business environment.
It also said the fair will provide a platform for entrepreneurs to exhibit their products and services, connect with potential investors, and explore new markets.
It added that participants would gain critical knowledge on digital transformation, access to finance, and strategies for sustainable business growth.
·
· NECA stressed that the fair aligns with its broader mission of promoting enterprise development and economic resilience.
·
· “By empowering MSMEs with the right support and information, the organisation aims to stimulate job creation, innovation, and long-term economic stability”, NECA said.
·
· The 2025 MSMEs Fair is expected to attract a wide range of stakeholders, including financiers, tech experts, regulators, and industry leaders, all united in advancing the growth of Nigeria’s MSME sector.

Continue Reading

Business

Over 2m Passengers Board Blue Rail Train – Commissioner 

Published

on

The Lagos State Commissioner for Transport, Mr Oluwaseun Osiyemi, says over two million passengers have been transported on the Blue Line Rail since its launch, while state-run buses move an average of 42,000 commuters daily.
Osiyemi, who disclosed this during the Year 2025 Ministerial press briefing held at the Bagauda Kaltho Press Centre, Alausa, on Tuesday, noted that the Lagos State Transport Policy, launched in May 2024, was now in its implementation phase, focusing on inclusivity, safety, affordability, and sustainability.
“On rail development, Phase One of the Blue Line (Marina to Mile 2) has served over two million passengers, with Phase Two (Mile 2 to Okokomaiko) in progress.
“Phase One of the Red Line (Agbado to Oyingbo) is now operational with eight stations and additional rolling stocks procured, while Phase two (Oyingbo to link Blue Line at National Theatre) is underway”, he said.
The Commissioner said in the state-owned bus operations, over 60 million commuters have been served since 2019, with daily ridership exceeding 40,000.
He also said plans were on to deploy new buses with Quality Bus Corridors under construction, adding that the Abule=Egba Bus Terminal had also been commissioned.
“For water transport, 15 locally-built Omibus Ferries have been launched and are in operation, with the Ijegun Egba Terminal now open.
“The OMI EKO project, in partnership with the French Development Agency (AFD), will deliver 25 terminals and 78 electric ferries.
“Over 280,000 passengers have used ferry services in the past year, and 12 boats have been upgraded to meet safety standards”, he said.
On road infrastructure and traffic management, the Commissioner said 49 junction improvement projects had been completed, including ongoing ones at Ikorodu, Iju, as well as Allen-Opebi-Toyin axis.
He added that solar-powered Traffic Signal Lights, road markings covering 67.9km, new medians, laybys, and 3,941 parking lots had also been provided.
Additionally, Osiyemi announced that the deployed Automatic Number Plate Recognition cameras had detected over 470,000 traffic violations and that the Vehicle Inspection Service issued over one million roadworthiness certificates.
He also said that the Lagos State Drivers’ Institute trained more than 32,000 drivers in the past 13 months.
The event marked the second anniversary of Governor Babajide Sanwo-Olu’s second term, showcasing major strides in the transport sector under the THEMES+ agenda.

Nkpemenyie Mcdominic, Lagos

Continue Reading

Trending