The World Bank is set to invest $61 Million in the Nigeria Youth Employment through Skills Acquisition Fund Project, to provide Skills training for 75,000 Youth.
This is part of the Federal Government’s efforts to address unemployment and empower young Nigerians.
Akelicious reports that Representative of the Bank, Dr. Mistura Adedoyin while speaking opening session of a sensitization program in Abuja stated that the initiative would in no small measures contribute meaningful to socioeconomic development in the country and as well reduce the unemployment rate in the country.
She added that with the Identification of training organizations with the right capabilities and capacities to meet the employment and entrepreneurial skills of Nigerian Youths, the project is now set to commence execution stage as the federal government signs memorandum of understanding to hold trainers accountable.
On her part, the National Coordinator of the Initiative Blessing Ehi Ogwu admitted that the initiative would in no small measures contribute meaningful to socioeconomic development in the country and as well reduce the unemployment rate in the country.
They therefore, enjoined the Trainers to ensure proper handling of the exercise for the realization of the lofty objectives of the exercise.
Also, trainers are expected to provide market relevant skills to youths, particularly the vulnerable and the persons with Disabilities tailored tower the needs of various sectors while also providing legitimate certification to the trainers.
Stakeholders believe this initiative will boost the impact of the Federal Government DOTS Policy.
