FG Launches Renewed Hope Employment Initiative
The federal government has relaunched employment initiatives as the Nigeria Social Insurance Trust Fund (NSITF) has partnered with the National Directorate of Employment (NDE) to launch the Renewed Hope Employment Initiative.
The innovative initiative aims to provide social safety nets and job opportunities across the country, with 250 beneficiaries receiving starter packs to facilitate self-employment and entrepreneurial growth.
The programme took off in Abuja where NSITF Managing Director, Barrister Oluwaseun Faleye emphasized the necessity of skill acquisition for economic rejuvenation.
“Programmes such as this add a great impetus to the informal economy and should be escalated to realize the aspirations of vulnerable Nigerians and beneficiaries,” said Faleye.
The Renewed Hope Employment Programme focuses on enhancing job opportunities and endowing beneficiaries with the right skills and resources to succeed in their respective fields. The program is in line with NDE’s core goals by ensuring skill acquisition is market-demand and national priority responsive.
It seeks to enhance employability, encourage small-scale businesses, raise agricultural production, enhance rural infrastructure, and generate short-term jobs.
The 250 beneficiaries, picked from all over the country, were provided with starter packs containing basic tools and equipment to facilitate them to begin their own businesses.
The packs include materials such as sewing machines, farming tools, and other specialized equipment for their professions of choice.
According to Faleye, the initiative is a strategic effort to reduce unemployment and uplift Nigerians, particularly those in rural areas.
“Sustained programs of this nature would contribute to reducing unemployment, and we remain dedicated to partnering with NDE to provide social safety nets that address the issue,” he assured.
The partnership between NSITF and NDE is a significant step towards achieving the government’s Renewed Hope Agenda, which aims to drive economic growth, job creation, and poverty alleviation. The initiative has been widely commended by stakeholders, who believe that it has the potential to make a significant impact on the lives of beneficiaries and their communities.
One of the beneficiaries, Mrs. Aisha Mohammed, expressed her gratitude to the NSITF and NDE for the opportunity. “I am thrilled to receive this starter pack, which will enable me to establish my own tailoring business. I am confident that this will improve my economic prospects and provide a better life for my family,” she said.
The Renewed Hope Employment Initiative is expected to be replicated in other parts of the country, with plans to empower thousands of beneficiaries in the coming months. As the program continues to gain momentum, it is hoped that it will make a significant contribution to reducing unemployment and driving economic growth in Nigeria.
