The Federal Government of Nigeria has launched a programme called NATEP to boost youth employment in Nigeria.
What is NATEP?
NATEP simply means National Talent Export Programme, an initiative to enhance Nigeria's foreign exchange earnings. President Bola Tinubu which was represented by the Minister of Industry, Trade and Investment Dr. Doris Uzoka-Anite launched the program on the sidelines of the 78th United Nations General Assembly (UNGA), at the weekend.
This new initiative seeks to position Nigeria as an export hub for talent outsourcing in Africa following the example of India, Bangladesh, Mexico and The Philippines.
The unveiling of the programme took place at the Microsoft Office in New York, United States of America, on Friday, September 22, 2023.
A number of dignitaries from multilateral institutions and global tech giants joined the Ministers of Industry, Trade and Investment and her counterpart from the Ministry of Communications Innovation and Digital Economy, Dr. Bosun Tijani, on the occasion.
In her welcome address on behalf of President Tinubu, Dr. Uzoka-Anite noted that the National Talent Export Programme is a key national initiative that will serve as a Special Purpose Vehicle (SPV) to position Nigeria as a leading global hub for service exports, talent sourcing and talent exports.
According to the Minister, NATEP will serve as a dedicated entity to address the unique needs and challenges faced by the talent and service export industry.
The programme will lay special emphasis on enhancing competitiveness, fostering innovation, and driving sustainable growth through trade in services.
The minister further noted that NATEP is part of the strategy towards achieving President Tinubu’s agenda for job creation.
The NATEP initiative will target the creation of 1 million in-demand jobs across Nigeria, over a 5-year period.
This initiative will do three things for us as a country. One, it will create millions of jobs for our young people over the next 5 years and beyond. Secondly, it will bring in foreign exchange that our economy needs through remittances from talents that will be exported abroad and those that will be living in Nigeria and working remotely for organisations outside Nigeria and thirdly, it will generate huge tax income for state governments," the minister said.
In her goodwill message, the Managing Director of the World Economic Forum, Saadia Zahidi, said NATEP is a timely initiative to address the very important areas of skills and jobs for Nigeria and the world.
She stated that the WEF looks forward to partnering with Nigeria on the programme. This is an important programme that is coming at the right time. We at WEF stand ready to work with the Nigerian government on this great initiative.