Job Creation: Nigerian Youths learn secret principles to reduce unemployment rate
NEWSMAN, Abuja – According to the National Bureau of Statistics (NBS), unemployment rate in Nigeria has risen to 27.1% as at August 2020.
This means that with a labor force of 80.2 million, about 21.7 million Nigerians are unemployed.
While there are predictions that this huge numbers could further increase, considering the biting effects of the Coronavirus Pandemic on the Nation’s economy, President Muhammadu Buhari has assured of “lifting 100 million Nigerians out of poverty in 10 years” in his Independence speech broadcast on Thursday.
However, in what can be seen as not “relying solely ” on the government, a group of young Nigerians have organised a program tagged “Breaking Unemployment’s Stronghold”, which holds every October 1st to brainstorm and chat a way forward in Job creation.
“I have been organizing this event for three years now because I believe in my country and I know we can become great if we have a change of mindset towards unemployment. Nigeria needs to focus more on human capital, we have a lot of untapped potentials, youths who have big ideas, all they need is to know how to go about these ideas they have”, the convener, David Narai said.
The event which is in its third year, was organized in partnership with the Department of Youth Development of the Federal Capital Territory Administration (FCTA).
It had resource persons who imparted at least 50 youths in attendance with principles that will enable them have a different perspective towards employment.
“As youths you need to invest in yourself, make a deliberate and conscious effort to invest in your life. Explore your creative sides, be open minded, do something you have passion for, and try to engage in a business,” one of the speakers, Sumner Sambo said.
“Youths can think of how to deliver better services from already existing businesses . Take the abattoirs we have in Nigeria for instance. As a graduate you can create an app that can link the butchers and meat sellers with their customers. There are so many ideas, so many legitimate businesses youths can venture into,” he added.
Another speaker Edward Enejoh said “You need to do what is called ‘MALT’, More Action Less Talk.” He added that most of the work starts from within – the mind”.
He further urged youths to go beyond knowing what to do and actually do what needs to be done, “get up and start something, register your business, reach out to investors, and consistently work towards becoming successful.”
Elated Participants shared what they learnt during the programme, saying it was timely.
“As a fashion entrepreneur in training, I have always had this thought on how to access funding to start my career. One of the speakers asked the question ‘what do you have to offer?’, I realized that no investor will invest in a business without seeing a tangible traction of the business,” one of the participants Olayonu Samirudeen said.
“I am going to bring what I have learned from the program. Firstly and most importantly I need to get my business registered, because most of the grant out there are only available to registered businesses,” he added.
Another participant Rifkatu Aliyuda said “I have learnt to have life long skills, to redefine and reform myself, to channel my energy into things that will make me grow by utilizing available training, and by also exploring my creative side.”