FG Latest Employment: FG Launches NATEP Youth Employment Programme at UNGA 2023, read to see details below.
Article Outline
Introduction
- Introduction to the NATEP Youth Employment Programme at UNGA 2023.
What is NATEP?
- Explanation of NATEP (National Talent Export Programme) and its objectives.
- Inspiration drawn from successful nations like India, Bangladesh, Mexico, and The Philippines.
Launch Event
- Details about the grand unveiling of NATEP at the UNGA 2023.
- Dignitaries in attendance, including Dr. Bosun Tijani.
Objectives of NATEP
- Discussing the strategic goals of NATEP, including competitiveness and innovation.
- President Tinubu’s vision for job creation through NATEP.
Impact of NATEP
- Threefold impact: job creation, boosting foreign exchange reserves, and increasing tax income.
- How NATEP will benefit Nigeria’s youth and fiscal stability.
Global Recognition
- Praise from the World Economic Forum and its readiness to collaborate with Nigeria.
Conclusion
- Summarizing the significance of NATEP for Nigeria’s future.
FG Latest Employment: FG Launches NATEP Youth Employment Programme at UNGA 2023
The Federal Government of Nigeria has just unveiled a groundbreaking initiative aimed at revolutionizing youth employment in Nigeria. Known as NATEP, which stands for the National Talent Export Programme, this visionary project was launched by President Bola Tinubu, represented by the Minister of Industry, Trade, and Investment, Dr. Doris Uzoka-Anite, on the sidelines of the 78th United Nations General Assembly (UNGA). You may also like to check African Youth Travel Support Grants.
What is NATEP?
In a nutshell, it’s designed to bolster Nigeria’s foreign exchange earnings by positioning the country as a formidable export hub for talent outsourcing, drawing inspiration from the successes of nations like India, Bangladesh, Mexico, and The Philippines.
Launch Event
The grand unveiling of NATEP occurred at the Microsoft Office in New York, USA, on Friday, September 22, 2023. The event was graced by a host of dignitaries from multilateral institutions and global tech giants, joining forces with the Ministers of Industry, Trade and Investment, and the Ministry of Communications Innovation and Digital Economy, Dr. Bosun Tijani.
Objectives of NATEP
Dr. Uzoka-Anite, speaking on behalf of President Tinubu, emphasized that NATEP is a strategic national initiative set to make Nigeria a leading global player in service exports, talent sourcing, and talent exports. This program will create a dedicated entity focused on addressing the specific needs and challenges of the talent and service export industry.
NATEP has ambitious goals, with a keen focus on enhancing competitiveness, fostering innovation, and driving sustainable growth through services trade. Importantly, it aligns with President Tinubu’s vision for job creation. Over a span of five years, NATEP aims to generate a whopping 1 million in-demand jobs across Nigeria.
Impact of NATEP
The impact of this initiative is threefold. Firstly, it will create millions of jobs for the country’s youth, offering a brighter future for the next generation. Secondly, NATEP will boost foreign exchange reserves through remittances from exported talents and those working remotely for international organizations, both within and outside Nigeria. Lastly, it’s expected to significantly increase tax income for state governments, further strengthening the nation’s fiscal stability.
Global Recognition
In a goodwill message, Saadia Zahidi, the Managing Director of the World Economic Forum, hailed NATEP as a timely and essential initiative that addresses critical areas of skills and job creation for not only Nigeria but also the world. The WEF expressed its eagerness to collaborate with Nigeria on this transformative program, emphasizing its readiness to support the Nigerian government in this noble endeavor.
Conclusion
The launch of NATEP is a milestone for Nigeria, paving the way for economic growth, job opportunities, and global recognition. As we embark on this exciting journey, the future looks promising for Nigerian youth and the nation as a whole.
