Friday, 18 September 2015

Did you know that through Inclusive Growth Initiatives and REFORMS 1.6 million new jobs were created?

Problem: The unemployment rate in Nigeria grew from 12.7% in 2007 to 21% in 2010. 

Reform Actions:
220 billion Micro Small and Medium Enterprises (MSME) Fund
Agricultural Transformation Agenda
Community Service Scheme under SURE-P
Graduate Internship Scheme and technical vocational education and training (TVET) under SURE-P
YouWin Programme
Youth Employment in Agriculture Programme (YEAP)
Save One Million Lives initiative

Main Achievements: Through the reforms, 1.6 million new jobs were created from July 2012 to June 2013. In some jobs created, beneficiaries were transparently selected through an ICT-platform. The reform put in place the SURE-P programme. Furthermore, meeting of MDG Goal 1 (reducing extreme hunger) well ahead of 2015 target was noteworthy. There have been skills training centres opened and in 2013 20,500 candidates took part in skills upgrading.

Key Challenges: (a) unemployment rate is growing faster than job creation rate; (b) there is a need to ensure that all Nigerians benefit from the country’s strong economic growth; and (c) infrastructure development, although improving, is still inadequate. 

Reference:  Public Service Reforms in Nigeria (1999-2014) - A Comprehensive Review

Click to view Compendium 

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