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Tackling unemployment through gov’t policies

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By Mercy Kelani

FG has allocated ₦10 billion in budget to achieve this goal for the youths.

George Akume, the Secretary to the Government of the Federation, emphasized the importance of young individuals using the government’s policies as a means to combat the issue of unemployment. During his speech at the 21st convocation lecture of the Igbinedion University, Akume revealed that a staggering amount of over ₦10 billion had been reserved in the budget solely for initiatives aimed at empowering the youth. During the convocation, he emphasized that the current government was directing its attention towards the younger generation.

Akume encouraged the graduating students to ensure to utilize the implemented strategies in order to effectively combat the issue of unemployment in the country. He further emphasized the allocation of over ₦10 billion in the national budget for programs targeting the youth, thereby urging them to seize this opportunity. The primary focus of the government is on young individuals, which makes it imperative for them to make use the government’s policies aimed at addressing this issue.

Collaboration would lead to the advancement of lasting development.

He emphasized the necessity of a partnership between the public and private sectors to ignite innovative research and development in Nigeria during a lecture themed “Public and Private Sector Intervention in Tertiary Education in Nigeria: Stimulus for Innovative Research and Development.” The Secretary to the Government of the Federation acknowledged that the collaboration between various sectors would lead to the advancement of lasting development and guarantee a more promising fate for the nation and its citizens.

Ever since Igbinedion University came into existence in 1999, being the pioneer private university in Nigeria, private funding in higher education has emerged as an additional pillar, supplementing the efforts of public investment in this domain. He expressed his belief that the future of Nigeria solely depends on the standard of education offered in its tertiary institutions. By collaborating and joining forces with both public and private sectors, the country can actively encourage research and development.

Igbinedion University collaborates with Harvard University.

Through collaboration, there will be a development of sustainable growth and a more promising future will be secured for Nigeria and its citizens. The admirable progress made by the Federal Government towards the improvement of the well-being of Nigerians should motivate citizens of the country. The President of the country, Asiwaju Bola Ahmed Tinubu, has exhibited unwavering dedication in revamping the economy in Nigeria and ensuring enhancement of the standard of living for all Nigerian citizens.

Furthermore, he has effectively attracted international investors, and has convinced them to return to the nation. The SGF confidently attested that this endeavour has begun to bear fruitful outcomes. During his speech, Prof. Lawrence Ezemonye, the Vice-Chancellor of the University, announced a groundbreaking collaboration between his institution and Harvard University. This profound partnership aims to pioneer research and training initiatives dedicated to eradicating malaria in the African continent. The VC disclosed progress emerging in this collaboration.

Next year, May 2024, Igbinedion Uni. will celebrate its 25th anniversary.

A proposal had been put forward for the involvement of two university faculty members from the university in the forthcoming undertaking. The vice chancellor enthusiastically expressed his anticipation for the highly-awaited 25th anniversary of the esteemed private university, scheduled to take place in May 2024. Acknowledging the outstanding achievements of the institution in recent times, the vice chancellor eagerly looked forward to the commemoration of its position as the leading private educational establishment in the nation.


Related Link

Igbinedion Univ: Website


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AN-Toni
Editor
3 months ago

Tackling unemployment through gov’t policies. – FG has allocated ₦10 billion in budget to achieve this goal for the youths. – Express your point of view.

Taiwo
Member
3 months ago

That the FG is making addressing unemployment through policy a top priority is a very good move because unemployment is too high in the country Encouraging and equipping the younger generation with resources is a crucial way to make investments in the prospects of our nation.

SarahDiv
Member
3 months ago

It’s encouraging to see the Nigerian government taking proactive steps to address youth unemployment through a substantial budget allocation. Collaborations between public and private sectors, as well as international partnerships like the one with Harvard University, demonstrate a commitment to research and development for sustainable growth. The upcoming 25th anniversary of Igbinedion University is a significant milestone, reflecting its contributions to education in Nigeria.

Kazeem1
Member
3 months ago

employing government programs to combat unemployment. – To help the young reach this objective, FG has budgeted ₦10 billion.Proactively addressing youth unemployment through significant budget allocation is commendable on the part of the Nigerian government.

Adeoye Adegoke
Member
3 months ago

That’s fantastic news! The allocation of ₦10 billion in the budget by the Federal Government to tackle unemployment is a significant step towards addressing this crucial issue, especially for the youth. It shows a strong commitment to creating opportunities and supporting the economic growth of Nigeria.
Unemployment can have a profound impact on individuals and society as a whole. By implementing effective government policies and allocating resources to tackle unemployment, we can empower young people with the skills, training, and support they need to secure meaningful employment and contribute to the development of our nation.
It’s essential that these funds are utilized efficiently and transparently to maximize their impact. The government should focus on initiatives that promote job creation, entrepreneurship, vocational training, and skill development programs. By investing in these areas, we can equip our youth with the tools they need to succeed in the job market and drive economic growth.
Additionally, collaboration between the government, private sector, and educational institutions is crucial in ensuring the success of these initiatives. By working together, we can create a conducive environment for job creation, encourage investment, and foster innovation.
I’m excited about the government’s commitment to tackling unemployment through these policies and the allocation of ₦10 billion. Let’s continue to support and monitor these efforts to ensure that they lead to tangible and sustainable results for our youth and the overall prosperity of Nigeria. 🙌🏽💼🌟