FG Aims to Generate Two Million Digital Jobs Annually, Declares VP Shettima at World Economic Forum
Saturday 20 January 2024
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In a strategic move to harness the potential of its young population in the rapidly evolving digital landscape, Nigeria's Vice President, Sen. Kashim Shettima, has unveiled the federal government's ambitious plan to create two million digital jobs each year. The announcement was made during an interview with Arise TV on the sidelines of the ongoing World Economic Forum (WEF) in Davos, Switzerland.
Sen. Shettima emphasized that Nigeria's sizable population, with 75% under the age of 30, positions the country uniquely to leverage the digital revolution, particularly in the realms of Artificial Intelligence (AI) and the Internet. He expressed confidence that, in the future, Africa, led by Nigeria, could emerge as the global outsourcing capital, filling the impending workforce shortage in Europe, America, and Asia. CONTINUE READING.....
"We are in a unique position. 230 million people, 75% below the age of 30, are very much at home with digital technology. We can really take advantage of the digital revolution and rightfully take our place in the comity of nations," stated the Vice President.
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To realize this vision, the Vice President unveiled the $618 million I-DICE program, designed to generate two million digital jobs annually. He drew parallels with India's success in the outsourcing industry, highlighting Nigeria's potential to attract foreign capital. CONTINUE READING.....
Sen. Shettima refuted the misconception of Africa's poverty, asserting that the continent is a rich resource capital for the world. He clarified that Nigeria's presence at Davos is aimed at fostering collaboration and mutually beneficial partnerships with other nations, not seeking financial aid.
Addressing concerns of potential investors, the Vice President assured that novel solutions to various macroeconomic challenges, particularly in the foreign exchange market, will be implemented in the coming months. He emphasized Nigeria's commitment to becoming a significant player in the global digital economy, echoing the potential economic impact akin to India's success story.
As Nigeria positions itself at the forefront of the fourth industrial revolution, the government's commitment to creating a robust digital job market is poised to shape the country's economic trajectory and enhance its global standing.
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