On Wednesday, October 22, the Nigerian government launched the second phase of the Nigeria Jubilee Fellows Programme (NJFP 2.0), a $220 million initiative aimed at connecting promising young graduates with internships, mentorships, and jobs. The program focuses on key sectors such as agriculture, renewable energy, digital technology, manufacturing, and the creative industry, according to Voice of Nigeria.
Vice President Kashim Shettima Mustapha said the program aims “to bridge the transition gap between learning and earning for thousands of young Nigerians; graduates who have the education, but not always the opportunity.” Funding will come from the NJFP Basket Fund, which pools resources from the government and international partners. The new phase will be implemented in partnership with the European Union (EU) and the United Nations Development Programme (UNDP).
“Our immediate goal is to raise $220 million, not as charity, but as an investment in the nation’s most valuable asset: our young people,” Mustapha added.
More than 60% of Nigeria’s population is under the age of 25, according to APR News. The World Bank estimates that 5.1% of Nigerians aged 15 to 24 were unemployed in 2024. Elsie Attafuah, UNDP Resident Representative for Nigeria, said many existing training programs fail to provide direct routes into the job market.
Since its launch in 2021, the NJFP has helped more than 13,000 young people develop skills, and it aims to reach 100,000 beneficiaries over five years, according to Ayodele Olawande Wisdom, Minister of Youth Development.
The rollout of NJFP 2.0 comes as the government seeks to secure long-term funding for youth employment initiatives. Authorities have called on the private sector, donors, and the development community to support this sustainable financing mechanism, noting that the move from graduation to employment remains a major structural challenge. The initiative underscores the government’s commitment to combine national planning, strategic financing, and inclusivity to make the most of Nigeria’s demographic potential.
Félicien Houindo Lokossou
Drones to aid soil health, pest control, and input efficiency High costs, skills gap challenge ac...
TotalEnergies, Perenco, and Assala Energy account for over 80% of Gabon’s oil production, estimate...
IMF cuts WAEMU 2025 growth forecast to 5.9% Strong demand, services, and construction support...
Diaspora sent $990M to CEMAC via mobile money in 2023 Europe led transfers; Cameroon dominat...
BYD to install 200-300 EV chargers in South Africa by 2026 Fast-charging stations powered by grid...
Harmony Gold acquires MAC Copper for $1.01B, enters copper market CSA mine adds 40,000 tons annual copper output Deal aligns with gold miners’...
Output hits 87,974 tons Jan-Sept Production from DRC mines faces new export quotas 2025 forecast cut amid market controls, oversupply concerns...
Dangote targets $100B annual revenue within five years Growth driven by refinery, regional exports, Afreximbank support Calls for African...
Morocco to phase out coal power by 2040 Coal made up 62% of electricity, 48% of emissions in 2023 Plan aligns with global trend, boosts renewables by...
The Eyo Festival, also known as the Adamu Orisha Play, stands among the most iconic cultural events in Lagos, Nigeria. This traditional Yoruba procession,...
Asmara, the capital of Eritrea, is often described as Africa’s modern city for its remarkable architectural heritage and forward-thinking urban design....