The Federal Government has flagged off Nigerian Youth Employment Action Plan (NIYEAP 2021-2024).
Minister of Youth and Sports Development, Mr. Sunday Akin Dare while speaking at the launching said the government is committed to mobilising the full energies and capacities of the youth in the country towards minimising the risks to national security posed by rising youth unemployment and underemployment.
He said NIYEAP is an expression of the commitment of the President Muhammadu Buhari Administration to continue to facilitate an enabling environment that will create about 3.7 million jobs annually so as to achieve national development goals, particularly, sustainable economic growth in the country.
The Minister stated that youth unemployment has really assumed an uncomfortable proportion and that its effect has not only led to frustration of the youth but also the underlying cause of poverty and youth restiveness in the country.
According to him, “It is important to state that the economic and social consequences of youth unemployment transcend the youth group. It has also resulted in missed economic opportunities for the nation. This is because youth inclusion is about skilled human capital, social and economic stability, a vibrant and healthy labour force, which will also engender political stability and national growth and development.
“It is in realization of the importance of providing opportunities for sustainable economic engagement of youth, he emphasized, that the Nigerian Youth Employment Action Plan is now being presented to stakeholders as a framework which will address fragmentation, promote synergy, mobilize resources, and deliver a comprehensive approach to youth employment interventions, through multi sector collaboration”, he said.
Stating further that this Plan emphasizes the 4Es: Employability, Entrepreneurship Development, Employment Creation and Equality and rights, adding that it also details needed actions in support of employment creation for youth in critical economic and social sectors and outlines the financing, implementation, monitoring and evaluation frameworks.
“The priority themes of the plan, known as the 4Es are, “further delineated into strategic lines of action under each theme, with emphasis on sectors that have high job creation potential, such as Digital Economy, Rural Economy, Green Economy and Renewable energy sector, Manufacturing, Tourism, Construction and Services.
“The Plan will also ensure the inclusion of partners across sectors and will create a robust partnership base through which my Ministry will ensure wider reach of youth employment programmes across the country”.