Business
Unemployment: ITF Wants Change Of Skills Acquisition Perception
The horrendous unemployment crisis in Nigeria could only be solved with the change of the current perception of skills acquisition as a preserve for the never-do- wells, the poor and the wretched in the society.
If Nigerians successfully change their perception of about technical skills, the problem of unemployment and other development issues would have been half-tackled.
The Director-General of Industrial Training Fund (ITF), Mr. Joseph Ari gave this advise at a briefing in Abuja on the activities of ITF.
Despite government’s best efforts, unemployment was still on the rise.
Painting the gloomy picture of job situation in Nigeria, he said, that projections suggested that the country’s population was expected to hit the 500 million mark by 2050, making it the third most populous country on earth.
“Much as accelerated population growth could be an advantage, it becomes a huge disadvantage and a severe dead weight where this population is neither employed nor equipped with the requisite skills for sustenance.
“And if the current unemployment rate is responsible for the high incidences of violence, criminality and other social vices that are rampant today, it would be safe to conclude that such incidences will conceivably escalate exponentially, if deliberate actions to equip Nigerians with competitive skills for job creation and growth are not taken.”
He explained that some disturbing facts have emerged in a survey, the report of which was presented to stakeholders in Abuja in April this year.
The report, he said, indicated that despite spiraling unemployment, 925 trades were either difficult or hard to fill in the country’s labour market.
“The breakdown showed that 19.7 per cent vacancies were in the housing sector, 13.9 per cent in petro-chemical sector, 14.7 per cent in other goods, 11.4 per cent in the auto industry.
“Others are 10.3 per cent in textiles, 10.1 per cent in steel, 8.9 per cent in the services sector and 3.3 per cent in the leather industry.
“The report also noted that 15.7 per cent of all hard to fill vacancies were due to lack of technical skills, 11.8 per cent due to lack of basic IT skills, 9.2 per cent due to lack of advanced IT skills and between 9.2 per cent and 7.5 per cent of the vacancies were due to the lack of requisite soft skills.”
He said that the report which further corroborated in-house skills gaps surveys of ITF, showed that despite rising unemployment, numerous vacancies still existed in several sectors of the national economy.
These vacancies could not be filled by Nigerians because of the absence of the requisite skills or were being filled by foreigners.
In order to address the problem and stem the spiraling unemployment, President Muhammadu Buhari’s job creation efforts, management came up with a list of implementable programmes for year 2018.
The programmes are aimed at skill acquisition in all the sectors already identified as well as in the building and electrical industry, and agriculture, all on various platforms to train 13,000 Nigerians in five months.
These platforms are the National Industrial Skills Development Programme (NISDP), Women Skills Empowerment Programme (WOSEP), Air-conditioning and Refrigeration (Training on Wheels), and Designing and Garment Making (Training on Wheels) for Nigerian youths.
Others are Skills Training and Empowerment Programme for the Physically Challenged (STEPP-C), Post-Harvest Techniques and Project Development, Aqua-culture/Fish Farming, Manure Production, Crop Production/Greenhouse Technology Poultry farming, Training Programme Development on International Marketing.
In the face of this bleak outlook and in line with our mandate, the fund has also accordingly unveiled one of its most ambitious plans, tagged the “ITF Reviewed Vision: Strategies for Mandate Actualisation”.
“It is a six-year plan divided into Quick wins, medium and long-term goals. The implementation of the plan, which commenced in late 2016 will terminate in 2022.
“The key objectives of the plan was to accelerate the impartation of technical vocational skills to Nigerians, aggressively address service challenges, tackle infrastructural deficits, expand revenue generation and a gamut of other strictures impinging the actualization of the fund’s mandate.
“About two years into its implementation, I am pleased to say that, it has almost exceeded expectation by training over 150,000 Nigerians, who are today earning sustainable livelihoods as paid employees, or as entrepreneurs that are employing others. ”
ITF has expanded the existing skills acquisition programmes and introduced new initiatives.
These programmes include the National Industrial Skills Development Programme (NISDP), the Women Skills Empowerment Programme (WOSEP), Passion to Profession Programme (P2PP), the Skills Training Empowerment Programme for the Physically Challenged (STEPP-C) and the Construction Skills Empowerment Programme (CONSEP) among several others.
In addition, unlike in the past where the ITF depended on state governments to assist trainees with start-up kits, all the beneficiaries of the programme were provided with start-up kits by the fund.
“The essence was to ensure that they started their businesses upon graduation. The decision to provide start-up packs was based on results of our tracer studies of earlier phases, which revealed that in all cases where the trainees were provided with the kits, over 90 percent earned reasonable livelihood as entrepreneurs.”
Business
USTR Criticises Nigeria’s Import Ban On Agriculture, Others
The United States Trade Representative (USTR) has criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.
This is the effect of President Donald Trump’s tariffs introduction on goods entering the United States, with Nigeria facing a 14 per cent duty.
The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.
The restrictions affect items such as beef, pork, poultry, fruit juices, medicaments, and alcoholic beverages, which the United States sees as significant barriers to trade.
The agency argues that these limitations reduce export opportunities for United States businesses and lead to lost revenue.
“Nigeria’s import ban on 25 different product categories impacts United States exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.
“Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit United States market access and reduce export opportunities.
“These policies create significant trade barriers that lead to lost revenue for United States businesses looking to expand in the Nigerian market”, the agency said .
In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.
Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.
On March 26, 2025, the Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.
Business
Expert Seeks Cooperative-Driven Investments In Agriculture
A leading agribusiness strategist and digital agriculture expert, Ayo Oluwa Okediji, has sought cooperative-driven investments in sustaining growth of poultry industry in Nigeria.
He said the poultry industry was at a defining moment and requires urgent structural reforms to secure its future and ensure long-term sustainability.
Speaking on the theme, “Strengthening Poultry Farming Through Cooperative Synergy and Strategic Investments”, at the recently concluded Oyo Mega Poultry Workshop 2025 in Ibadan, Okediji called on poultry farmers, cooperative leaders, financial institutions and policy makers to rethink the existing structure of the poultry sector.
He stressed the need to transition from fragmented, individually-driven operations to well-structured, cooperative-led enterprises capable of attracting sustainable financing and securing long-term viability.
He said, “Our poultry sector cannot thrive on individual effort alone. We need to organise ourselves into cooperative clusters, build strong governance systems and position ourselves to attract the level of investment needed to sustain this industry beyond this generation.”
Drawing on lessons from successful global cooperative models such as Rabobank in the Netherlands and Landus Cooperative in the United States, Okediji introduced the FarmClusters Poultry Model, a locally adapted solution developed by Agribusiness Dynamics Technology Limited (AgDyna), a subsidiary of AgroInfoTech Africa.
According to him, the model is currently being piloted in Oyo State in partnership with PANOY Agribusiness Limited and local poultry cooperatives.
Business
NACCIMA Proposes Hybrid Oil Palm Seedlings For Farmers
The Rivers State Representative of the Nigeria Chambers of Commerce, Mines, Industries and Agriculture (NACCIMA), Mr. Erasmus Chukwundah, has urged palm oil farmers to consider hybrid seedlings for planting, if they must break even in palm oil business.
Chukwundah said this recently at the Free Oil Palm Business Climate Smart Best Management Practice/Assistance Training organized by Partnership Initiative In Niger Delta (PIND) for Palm Oil Farmers in Elele, Ikwerre Local Government Area.
The Rivers representative said until palm oil farmers begin to consider such hybrid oil palm seedlings, they may not meet up with the daily increasing demand of palm oil in the market.
According to him, the seedlings produce up to 30 bunches at once that ripen same time.
He said PIND decided to partner with Oil Palm Growers Association of Nigeria (OPGAN) to ensure that the message was received by the targeted audience.
According to him, palm oil remained a popular choice of industry operators as it could be converted to many other products such as vegetable cooking oil.
He also noted that products such as motor tyers, marine ropes and others are now gotten from the palm tree.
Chukwundah, who is the immediate past Director-General of Port Harcourt Chamber of Commerce, Mines, Industries, and Agriculture (PHCCIMA), further warned against use of unrecommended fertilisers in growing oil palms.
He noted that such practices could limit its export value or chances as the foreign marketers have a way of detecting such .
He reiterated the need for organic fertilizers, including poultry droppings, to enable them have a natural palm oil.
“People must reduce physical contact with palm oil production. That is why we are campaigning for hydrolic oil mills. The foreign markets are no longer interested in crude method of palm oil production”, he said.
Meanwhile, one of the farmers, Sonny Didia, who appreciated Chukwundah’s commitment towards the concern of farmers, appealed for an urgent need for loan opportunity with low interest rate in order to enable them beat the target.
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