THE Director General of Industrial Training Fund (ITF), Sir Joseph Ari said the only panacea to tackling the alarming rate of unemployment in the country will be through technical skills development by the agency.
Ari disclosed this recently during the Industrial Training Fund and Nigeria Employers Consultative Association ITF-NECA TSDP Stakeholders’ dialogue Forum and outstanding trainees awards ceremony, held at the ITF Headquarters Jos, Plateau State.
“Data from the National Bureau of Statistics reveals Nigeria’s unemployment rate as at second quarter of 2020 is 27.1 indicating that about 21.7 million Nigerians remain unemployed. The worst hits are youths between the ages of 15-24, which have about 13.1 million Nigerians out of jobs and unemployed.
“Putting into context, the youth population is also about 64 percent of the total unemployed Nigerians suggesting that the most agile working-class population in our country remains unemployed.”
He pleaded with the Federal Government to support the agency in its drive for job creation, reduction of unemployment and poverty alleviation among indigent youths in the country.
“We call on the government for support through policy and finding, the project’s scope and outcomes of job creation, reduction of unemployment and poverty alleviation would be up scaled and expanded for greater national Impact.”
He said the way out of the impending national and global crisis was quality Technical and Vocational Education and training (TVET) which is widely recognized for having an important role in tackling youth unemployment.