• Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
Saturday, October 17, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

World Bank commits $200m to vocational education in Nigeria

World Bank

The Matters Press by The Matters Press
January 31, 2023
Reading Time: 3 mins read
0
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

World Bank’s Senior Education Specialist in Nigeria, Mr Tunde Adekola, says the bank has committed 200 million dollars to the advancement of technical and vocational education in the country.

RELATED POSTS

No way President Tinubu could have retained fuel subsidy on assuming office, IMPI insists

IMPI CHALLENGES ATIKU, OBI TO PUBLIC DEBATE ON SUBSIDY RESTORATION; DEMANDS ANSWERS TO CRITICAL FISCAL POSERS

The Fallacy of Atiku and Obi’s Subsidy Restoration Advocacy

Adekola made the declaration on Monday in Abuja at the launch of the framework for National Apprenticeship and Traineeship System (NATS) organised by the Industrial Training Fund (ITF) in partnership a private company.

He said the fund was for a World Bank-assisted education project called Innovative Development for Effectiveness and Skills Acquisition in Nigeria.

He said it was part of the support given to the Nigerian government to turn technical and vocational education around.

According to him, it is a Federal Government project aimed at supporting three technical colleges in each of the six geopolitical zones to become Centres of Excellence.

He said Edo was chosen for the South-South, Benue for North Central, Kano State for Northwest, Gombe State for Northeast, Ekiti for Southwest and Abia for Southeast.

The specialist said that the funds would cover four thematic areas.

“It is a four year project and we are into the second year already,’’ he said.

Adekola said technical and vocational were the ways to go in solving skills gap in Nigeria.

On the launch of the framework, he said there was a need for state actors and non-state actors to collaborate in institutionalising apprenticeship in Nigeria.

He said Nigeria was blessed with human resources, adding that what was required was innovation on how to turn such strength into wealth creation.

Adekola said it was important for ITF and other stakeholders to prioritise digital literacy, equitable representation of women and people living with disabilities in their plans.

In his remarks, the Director-General of ITF, Mr Joseph Ari, said the launch was part of efforts to deploy skills acquisition to combat unemployment and poverty, while ensuring overall growth.

He said the framework, which was a policy document, focused on adoption and institutionalisation of NATS.

“The pathway to this current policy of NATS came about on account of a robust trajectory of vision formulation.

“At inception of the current management of ITF in 2016, the Reviewed Vision for Mandate Actualisation was put in place.

“By the middle of 2022, the ITF, leveraging on new training trends, realised the need to refocus its operations along indices that will escalate job and wealth creation.

“We had synergies and experience with Germany on its Dual System, Crown Agents of the UK, Senai of Brazil and GIMI of Israel.

“All of them emphasised apprenticeship, so it became imperative to develop a new vision along that pathway.

“The Nigerian Employers Consultative Association (NECA), the umbrella body of the Organised Private Sector, and the Skills for Prosperity, UK became readily available.

“In this regard, issues like inauguration and sensitisation of stakeholders, development of framework and validation were successfully concluded.

“Today is the fruition of this laudable process, which is aimed at adding value to Federal Government’s job and wealth creation efforts.

Ari said when implemented, the framework had the potential to drastically reduce unemployment, while affording youths the opportunity to earn income while learning.

He added that the framework would enhance eligibility for financial assistance while on training and ensure a structured approach to skills acquisition and certification.

According to him, this will lead to an increase in the number of Medium and Small Scale Enterprises.

The director-general also said the framework would tackle underemployment, social vices and crime rate and improve quality of services offered by technicians and craftsmen.

He said the fund was partnering with various stakeholders on other projects that would help it deliver to on its mandate.

Ms Sybil Ferris, Team Lead of the private company, the technical partner for the drafting of the framework, said Lagos and Kaduna states were used as pilot.

She said trainings and skills acquisition programmes were conducted in the two states and some of the trainees were offered jobs among other incentives.

The Lagos and Kaduna State governments pledged their support in institutionalising apprenticeship.

Meanwhile, the British High Commission, NECA and other stakeholders, in their goodwill messages, lauded the effort by ITF to standardise apprenticeship.

Highpoint of the event was the unveiling of the 129-page framework.

Tags: World Bank
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Tinubu explains mission as he marks second year in office
Economy/Technology

No way President Tinubu could have retained fuel subsidy on assuming office, IMPI insists

October 7, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

IMPI CHALLENGES ATIKU, OBI TO PUBLIC DEBATE ON SUBSIDY RESTORATION; DEMANDS ANSWERS TO CRITICAL FISCAL POSERS

October 7, 2026
Nigeria has not taken decision yet on fuel subsidy
Economy/Technology

The Fallacy of Atiku and Obi’s Subsidy Restoration Advocacy

October 7, 2026
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
Economy/Technology

Opposition ignorant over fresh $1.5bn World Bank loan

October 6, 2026
Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

At 66, Nigeria in a new page to prosperity

October 1, 2026
Nigeria’s improving current account balance,  evidence of economic stability – TMSG
Economy/Technology

Nigeria’s improving current account balance, evidence of economic stability – TMSG

September 27, 2026
Next Post
CIIN president tasks Insurance directors on manpower development

Transcorp Hotels partners with Heirs Life on insurance for guests

Trading in Nigerian stock market dips further N83bn

Equity market rebounds with N272bn gain

Recent Posts

  • No way President Tinubu could have retained fuel subsidy on assuming office, IMPI insists
  • IMPI CHALLENGES ATIKU, OBI TO PUBLIC DEBATE ON SUBSIDY RESTORATION; DEMANDS ANSWERS TO CRITICAL FISCAL POSERS
  • The Fallacy of Atiku and Obi’s Subsidy Restoration Advocacy

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us