In addition to employment opportunities created through the Economic Sustainability Plan and job schemes being implemented under the Social Investment Programme, among others, the Buhari administration in collaboration with the United Nations Development Programme and other private sector partners is set to launch a 20,000 yearly graduate job fellowship to be called the Nigeria Jubilee Fellows Programme, NJFP.
Speaking Wednesday while making the formal announcement, Vice President Yemi Osinbajo said the 12-month job fellowship programme would be launched very soon by President Muhammadu Buhari.
According to the Vice President “we are looking forward to the President formally launching the programme very shortly.”
He said that “as we prepare for the formal launch of the programme by Mr President, I urge private sector leaders and captains of industry, development partners and the diplomatic community, to support this programme aimed at equipping young Nigerians with skills and experience required for the work place.”
Under the initiative, internship opportunities will be created for young Nigerians who have recently concluded the National Youth Service Corps (NYSC) programme. The fully-paid internships will last for 12 months and will be in reputable private and public sector organizations across the country.
Mr Osinbajo said the NJFP “is in very good company, a new and bold addition to an existing suite of large-scale, big-impact programmes that will rewrite the narrative as it relates to jobs, skills and employment in Nigeria.”
According to the VP, “we are resolute in our determination to make the needed difference, and rebuild the confidence of our young people in the ability of their government to rise to the occasion and guarantee a future that is better and more prosperous than the past.”
The Vice President noted that “our ongoing efforts include the N-Power Scheme, which recruits young graduates and places them in agricultural, health and education intervention schemes in local communities around the country. N-Power also has a non-graduate scheme focused on technical skills and IT education. The President has approved the expansion of the N-Power programme from 500,000 beneficiaries to one million.
“We have also established a N75 billion Youth Fund in the Ministry of Youth and Sports to provide credit and support for young entrepreneurs and professionals.”