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NDE to train 185,000 youths for access to agric loans

Ben Eguzozie
Ben Eguzozie is business a.m. regional lead based in Port Harcourt, providing regional and national  coverage for economy, business and finance
You can contact him on ben.eguzozie@businessamlive.com with stories and commentary.

November 27, 2018463 views0 comments

The National Directorate of Employment (NDE) says it will soon begin a basic business refresher course for some 185,000 unemployed persons wishing to access the Central Bank of Nigeria’s (CBN) Agribusiness Small and Medium Enterprises Investment Scheme (AGSMEIS) loans nationwide.

At least 50 persons per state would be trained under the Sustainable Agricultural Development Training Scheme (SADTS).

Nasiru Mohammed Ladan Argungu, the director general of National Directorate of Employment  said in Umuahia, Abia State, during the flag-of

f and orientation of 2018 Environmental Beautification Training Scheme (EBTS) programme.

He said that before long, the trainees would create jobs which, through multiplier effect, would create several other jobs, thus impacting on the real sector of the economy.

The positive jobs intervention plan by the NDE comes against the backdrop of the not so cheery news that unemployment has continued to soar high in a country of over 190 million people, peaking at 18.8 per cent by the end of the

third quarter of last year, according to data from the nation’s statistics agency, National Bureau of Statistics (NBS).

The NBS said labour force population increased to 85.1

million quarter-on-quarter by quarter 3 of 2017, up from second quarter’s 83.9 million.

The number of people within the labour force who are unemployed or underemployed increased from 13.6 million and 17.7 million respectiv

ely in Q2 2017, to 15.9 million and 18.0 million in Q3 2017. Total unemployment and underemployment combined increased from 37.2% in the previous quarter to

40.0% in Q3 2017.

But Argungu said under the Vocational Skills Development (VSD), 11,100 youths and women would be trained in quick-win demand driven skill sets nationwide; another 1,200 in Advanced National Open Apprenticeship

 Scheme in 24 states and the Federal Capital Territory; 650 in school-on-wheels in 13

 states and 25,900 to be trained in cosmetology nationwide.

He said the issue of youth unemployment has been of grave concern to the government the Buhari administration, which made him to continuously demonstrate his determination to empower youths through articulated programmes and sustained support to federal agencies that have constitut

ional responsibility of empowering youths and creating job opportunities.

The use of skills acquisition to build employability is crucial for attainment of the Economic Recovery and Growth Plan (ERGP), he said, adding that in using skills acquisition as tool for employability and poverty reduction, wealth would be created, and a sure path to sustainable national growth and development.

“The National Directorate of Employment, NDE has over the years succeeded in promoting decent employment opportu

nities to the teeming Nigerian population.  The directorate has been a principal benefactor of Federal Government attention towards discharging its mandate for creatingjobs and its mandate lies strategically in using training followed by resettlement as a tool to empower youths with marketable skills and or addressing skills mismatch arising from the educational institutions, hence promoting decent employment opportunities, either self or wage employment,” Argungu said.

He said most recently, the NDE had engaged 50 persons per state under the EBTS, with the aim of reducing unemployment and poverty to its barest minimum and enthroning self-sufficient and self-reliance among the Nigerian population.

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