Tag Archives: employment

I am happy with the number of people that will be employed – Otunba


The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo yesterday said the Federal Government will back foreign investors in the country.

He also said the new $600million steel plant in Kaduna State will help to lift 100million Nigerians out of poverty.

Adebayo gave the assurance while inspecting the steel plant, being built by African Industries Group(AIG) in Jere, Kagarko Local Government of Kaduna State.


He said: “From what I have seen so far, I must say that I am very impressed, I am happy that this is the sort of investment that we at the government like to see, I am happy with the number of people that will be employed.

“As you are all aware, the wish and desire of President Muhammadu Buhari is to lift 100million people out of poverty over the next 10 years and these are the kinds of things that will assist in that regard. When people get employment, they get paid salaries and they are able to help their dependants. This project will go a long way in that regard.


“We as a government are desirous and willing to assist all serious industrialists. All the people that are serious about investing in Nigeria, we are here for them.

“We will within the laws of Nigeria do everything possible to assist to make sure that they are able to bring everything on track.


“This will be my first time here but it will not be the last because I intend to come back as many times as possible until the project is finally completed and start to produce.

In his address, the Group Managing Director, African Industries Group, Mr. Alok Gupta, said the $600million steel plant will provide jobs for 3,000 Nigerians.

Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo

He said the project will also bring in significant savings in foreign exchange by import substitution.

“Most importantly we will be employing over 3000 people and benefit the lives of many more. Our 600 million US$ investment will be the largest non-oil FDI in the country and should encourage other mining industries to explore similar projects in the future.”


#Newsworthy…

Many Nigerian youths not employed – Chris Ngige.

…says many are unemployable

Minister of labour and employment, Chris Ngige has raised an alarm over the high level of unemployable youths in the country.

The Minister who spoke at the 2019 National Migration Dialogue at the State House in Abuja on Tuesday December 17, disclosed that they have established linkages with the Ministry of Education, Industry, Trade and Investment, Youth and Sports, and Agriculture to address the issue.

He said;

“Nigeria is over 200 million and about 60 per cent are youths who need employment. Unfortunately, only 10 per cent have decent jobs.

“Many are unemployable while others are not employed.

“We are working that they get job so that they can have a roof over their heads, feed and enjoy life.

“We have established linkages with the Ministry of Education, Industry, Trade and Investment, Youth and Sports, and Agriculture.

“We want to look at our curriculum so that our people can have skills that can be exported.”

#Newsworthy…

Senate, Ahmad Lawan demand payments of stipends to unemployed, jobless Nigerians.

…provide employment for our teeming unemployed graduates/youth

…at all tier of government

The Senate on Wednesday urged the Federal Government to set up a sustainable unemployment fund for the payment of living stipends to jobless Nigerians until such persons secure any kind of employment.

The Senate also urged governments at all levels to declare emergency on the provision of employment to the youth of Nigeria.

The upper chamber further urged the Federal, State, and Local Governments to revitalise existing industries, build new ones, and provide conducive and enabling environment for the Private Sector to build more industries in the country.

Besides, it called on the government through the Ministry of National Planning, “to put up mechanisms and programmes that would provide employment for our teeming unemployed graduates/youth at all tier of government.”

These resolutions of the upper chamber followed the consideration of a motion titled: “Escalating rate of unemployment in the country” moved by a former Deputy Senate President, Senator Ike Ekweremadu.

Ekweremadu in his lead debate, urged his colleagues to be alarmed that the huge number of graduates being turned out annually by the nation’s tertiary institutions without requisite employment spaces to absolve them.

According to him, the ugly development represents a time bomb waiting to explode.

The Enugu West Senator noted that a report published by the National Bureau of Statistics in 2019 stated that Nigeria’s unemployment rate stood at 23.1 per cent of the workforce in the third quarter of 2019.

He lamented that according to a statement credited to the Minister of Labour and Productivity, Senator Chris Ngige, showed that Nigeria’s unemployment rate will hit 33.5 per cent by 2020.

He urged the upper chamber to be worried that “any nation with such number of unemployed, but employable youth population, is only sitting on a keg of gunpowder.”

He further called on his colleagues to be perturbed that the most pressing demand on the hand of every legislator and public officer in the country today is the rising number of Curriculum Vitae and application for employments from constituents and Nigerians.

He said that he is convinced that a situation where every graduate has to queue up for job only in government offices is an indication of the breakdown of the private sector, “which is the major driver of world economies.”

The Senator lamented that the energies and potential talents of youths that are lying idle and wasting away are usually misdirected toward many unprofitable and harmful ventures and lifestyles.

He further averred that the most active percentage of the nation’s population is forcefully caged by unemployment “from participating in the economic development of fatherland and from contributing toward the Gross Domestic Product (GDP).

“Aware that high level of crimes in any society are most times related to high rate of unemployment.

“That unemployment is one of the major causes of the upsurge in Rural-Urban migration, which puts pressure on facilities at the urban centers.

“That unemployment is one of the major reasons insurgency, kidnaping, armed robbery, cybercrimes and other vices are on the increase.”

Ekweremadu recalled that various intervention programmes by successive governments targeted at “reducing youth unemployment and eradicating its co-traveler, poverty, have not yielded the desired results.”

In his contribution, Senator Istifanus Gyang (PDP, Plateau North), described unemployment as “a monster that, if we (Nigerians) are not careful, can consume us as a nation.”

On his part, Senator Olubunmi Adetunmbi (APC, Ekiti North) decried the inability of the private sector to address the escalating rate of unemployed persons in the country.

He argued that the government lacks the capacity to create jobs, “as doing so would create an expansion in the fiscal responsibility of government.”

#Newsworthy…

Nigeria lady & job seeker scraped of employment over semi nude picture on social media. (Tweets)

A Twitter user took to the platform to narrate how a lady lost an employment opportunity over her semi-nude Display Picture.

According to @anu_praise, the jobseeker applied for the job through him but the employer who googled her name said the semi-nude DP was a turn-off.

#Newsworthy…