VP Shettima: FG To Invest $220 Million in Creating Job Opportunities for Young Nigerians

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The Federal Government, in partnership with the European Union (EU) and the United Nations Development Programme (UNDP), is set to invest $220 million in the second phase of the Nigeria Jubilee Fellows Programme (NJFP) 2.0 to create jobs for young Nigerians. Vice President Kashim Shettima, who launched the initiative at the Presidential Villa, said it aims to bridge the gap between learning and earning by providing graduates with work experience, mentorship, and training in key economic sectors.

Shettima noted that under President Bola Ahmed Tinubu’s administration, the programme will be fully integrated into national planning and budgeting frameworks to ensure sustainability. He urged private and development partners to support the Basket Fund for long-term financing, adding that inclusivity remains a top priority with placements across sectors like agriculture, digital technology, renewable energy, and the creative industries.

Minister of Youth Development, Comrade Ayodele Olawande, said the initiative builds on the success of over 13,000 youths empowered since 2021, with a target of 100,000 job placements within five years. UNDP’s Elsie Attafuah and EU Ambassador Gauthier Mignot praised the collaboration, while Sterling Bank CEO Abubakar Suleiman urged stakeholders to expand opportunities that allow young Nigerians to thrive in today’s economy.