• Latest
  • Trending
  • All
  • NEWS
  • Business
  • Politics
  • International
  • Lifestyle
World Bank says NYSC scheme Nigeria’s goldmine to boost industrialization

World Bank says NYSC scheme Nigeria’s goldmine to boost industrialization

October 26, 2024
Ozoro festival assault: Police say 15 suspects now in custody

Ozoro festival assault: Police say 15 suspects now in custody

March 21, 2026
Action movie legend Chuck Norris dies at 86

Action movie legend Chuck Norris dies at 86

March 21, 2026
Police arrest Ozoro chief priest, community leaders over unauthorized festival planning

Police arrest Ozoro chief priest, community leaders over unauthorized festival planning

March 20, 2026
UK deportation deal targets only undocumented Nigerians, presidency clarifies

UK deportation deal targets only undocumented Nigerians, presidency clarifies

March 20, 2026
Outrage in Delta as government vows action over festival assaults on women

Outrage in Delta as government vows action over festival assaults on women

March 20, 2026
Trump issues threat over South Pars gas field as Middle East crisis rages on

Trump issues threat over South Pars gas field as Middle East crisis rages on

March 19, 2026
Gulf on edge as Iran hits energy sites in Qatar, targets Saudi Arabia

Gulf on edge as Iran hits energy sites in Qatar, targets Saudi Arabia

March 18, 2026
Sultan of Sokoto declares Friday, 19 March, Eid-el-Fitr

Sultan of Sokoto declares Friday, 19 March, Eid-el-Fitr

March 18, 2026
Iran still standing but weakened as war drags on, US intelligence warns

Iran still standing but weakened as war drags on, US intelligence warns

March 18, 2026
Gulf tensions rise as Iran threatens oil and gas facilities after major strike

Gulf tensions rise as Iran threatens oil and gas facilities after major strike

March 18, 2026
Iran vows revenge after killing of top commanders deepens regional tensions

Iran vows revenge after killing of top commanders deepens regional tensions

March 18, 2026
Senegal protests AFCON title decision, calls move ‘unfair and unprecedented’

Senegal protests AFCON title decision, calls move ‘unfair and unprecedented’

March 18, 2026
  • About
  • Contact
  • Advert Rates
Sunday, March 22, 2026
  • Login
  • Register
TheLink News
  • NEWS
    NCS grants 90-day entry for foreign-registered vehicles

    NCS grants 90-day entry for foreign-registered vehicles

    President Tinubu calls for electoral reforms, party unity amidst national debate

    President Tinubu calls for electoral reforms, party unity amidst national debate

    ACT NOW’: French President, Macron demands global response to Nigeria’s security crisis

    ACT NOW’: French President, Macron demands global response to Nigeria’s security crisis

    UN and Rights Groups decry ‘racist’ US crackdown targeting Somali diaspora

    UN and Rights Groups decry ‘racist’ US crackdown targeting Somali diaspora

    Nigeria’s insurance reform bill awaits presidential assent amid industry anticipation

    Nigeria’s insurance reform bill awaits presidential assent amid industry anticipation

    SERAP threatens to sue over NCC approved 50 per cent telecom tariff hike

    SERAP threatens to sue over NCC approved 50 per cent telecom tariff hike

    FG investigating Gulf of Guinea as major route for gun-running – NSA

    FG investigating Gulf of Guinea as major route for gun-running – NSA

    CAS: Nigerian Air Force will take delivery of 50 new aircrafts

    CAS: Nigerian Air Force will take delivery of 50 new aircrafts

    INEC: Why Oredo, Ikpoba-Okha LGAs’ results were moved to State Collation Centre

    INEC: Why Oredo, Ikpoba-Okha LGAs’ results were moved to State Collation Centre

  • METRO
    • All
    • Anti-Corruption
    • Breaking News
    • City Update
    • Column
    • Crime
    • Education
    • Fact Check
    • Opinion
    • Rule of Law
    • Rural Update
    • Terrorism
    • TheLink Climate
    • TheLink Exclusive
    • TheLink Investigation
    • Trending
    Ozoro festival assault: Police say 15 suspects now in custody

    Ozoro festival assault: Police say 15 suspects now in custody

    Action movie legend Chuck Norris dies at 86

    Action movie legend Chuck Norris dies at 86

    Police arrest Ozoro chief priest, community leaders over unauthorized festival planning

    Police arrest Ozoro chief priest, community leaders over unauthorized festival planning

    UK deportation deal targets only undocumented Nigerians, presidency clarifies

    UK deportation deal targets only undocumented Nigerians, presidency clarifies

    Outrage in Delta as government vows action over festival assaults on women

    Outrage in Delta as government vows action over festival assaults on women

    Trump issues threat over South Pars gas field as Middle East crisis rages on

    Trump issues threat over South Pars gas field as Middle East crisis rages on

    Gulf on edge as Iran hits energy sites in Qatar, targets Saudi Arabia

    Gulf on edge as Iran hits energy sites in Qatar, targets Saudi Arabia

    Sultan of Sokoto declares Friday, 19 March, Eid-el-Fitr

    Sultan of Sokoto declares Friday, 19 March, Eid-el-Fitr

    Iran still standing but weakened as war drags on, US intelligence warns

    Iran still standing but weakened as war drags on, US intelligence warns

  • POLITICS
    Reps committee recovers N21.4bn from oil firms in revenue leakages probe

    Minority lawmakers walk out as Reps pass contentious Electoral Act amendments

    FG charges El-Rufai over alleged interception of NSA’s phone, ex-governor appears at EFCC

    FG charges El-Rufai over alleged interception of NSA’s phone, ex-governor appears at EFCC

    INEC publishes candidates’ particulars for Osun 2026 governorship election

    INEC publishes candidates’ particulars for Osun 2026 governorship election

    INEC seeks nearly N1tn for 2027 general elections, presents budget to National Assembly

    INEC seeks nearly N1tn for 2027 general elections, presents budget to National Assembly

    El-Rufai alleges possible arrest, cites pressure on opposition figures

    El-Rufai alleges possible arrest, cites pressure on opposition figures

    Fubara indicates Wike’s ‘big ambition’ after Tinubu-brokered peace meeting

    Fubara indicates Wike’s ‘big ambition’ after Tinubu-brokered peace meeting

    President Tinubu intervenes again in Rivers crisis as Wike signals resolution

    President Tinubu intervenes again in Rivers crisis as Wike signals resolution

    Trump deletes post depicting Obamas as monkeys after bipartisan backlash

    Trump deletes post depicting Obamas as monkeys after bipartisan backlash

    PDP faction rejects INEC recognition of Wike-backed committee, vows legal challenge

    PDP faction rejects INEC recognition of Wike-backed committee, vows legal challenge

  • POLICY
    UK deportation deal targets only undocumented Nigerians, presidency clarifies

    UK deportation deal targets only undocumented Nigerians, presidency clarifies

    Gains and Gaps: A Reality Check on International Women’s Day By Morayo Nwabufo

    Gains and Gaps: A Reality Check on International Women’s Day By Morayo Nwabufo

    IPU: Senate rejects Akpoti-Uduaghan’s arrest claims

    Senate rejects proposal for new fintech regulator, strengthens CBN oversight

    Igbo group speaks on Sharia Law, says dual legal systems ‘unsustainable’

    Igbo group speaks on Sharia Law, says dual legal systems ‘unsustainable’

    Islamic Council rejects U.S. lawmakers’ call to end Sharia practice in Nigeria

    Islamic Council rejects U.S. lawmakers’ call to end Sharia practice in Nigeria

    INEC publishes candidates’ particulars for Osun 2026 governorship election

    INEC publishes candidates’ particulars for Osun 2026 governorship election

    Customs unveils one-stop-shop platform to ease cargo clearance, decongest ports

    Customs unveils one-stop-shop platform to ease cargo clearance, decongest ports

    INEC seeks nearly N1tn for 2027 general elections, presents budget to National Assembly

    INEC seeks nearly N1tn for 2027 general elections, presents budget to National Assembly

    Protesters bring mattresses to Nass, demand electronic transmission of election results

    Protesters bring mattresses to Nass, demand electronic transmission of election results

  • BUSINESS
    Markets slide as oil surge, war fears rattle global investors

    Markets slide as oil surge, war fears rattle global investors

    China unveils giant electric ‘air taxi’ prototype as race for urban flight accelerates

    China unveils giant electric ‘air taxi’ prototype as race for urban flight accelerates

    IPU: Senate rejects Akpoti-Uduaghan’s arrest claims

    Senate rejects proposal for new fintech regulator, strengthens CBN oversight

    Markets slump as Iran war enters fourth day, fuel prices surge

    Markets slump as Iran war enters fourth day, fuel prices surge

    Nigeria’s FX buffers strengthen as net reserves climb to $34.8bn

    Nigeria’s FX buffers strengthen as net reserves climb to $34.8bn

    Dollar slips after two-week rally as risk appetite improves

    US Dollar surges as Middle East conflict reignites oil prices

    Nigeria, AFC ink $1.3 billion alumina refinery deal

    Nigeria, AFC ink $1.3 billion alumina refinery deal

    The End of An Era: Nigeria splits controversial OPL 245 into four blocks

    The End of An Era: Nigeria splits controversial OPL 245 into four blocks

    Oil prices fall as nuclear talks between US, Iran continue

    Oil prices fall as nuclear talks between US, Iran continue

  • TECH
    Nigeria urges ethical use of AI, stronger data privacy safeguards

    Nigeria urges ethical use of AI, stronger data privacy safeguards

    TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

    TikTok restricts late-night LIVE access for Nigerian users over explicit content surge

    ATCON: Right-of-Way challenges, countless taxes, vandalism stunting telecom sector

    ATCON: Right-of-Way challenges, countless taxes, vandalism stunting telecom sector

    Prof. Oloyede says JAMB largest user of ICT in the world

    Prof. Oloyede says JAMB largest user of ICT in the world

  • WORLD
    Gunfire targets Rihanna’s Los Angeles home; woman arrested after Police chase

    Gunfire targets Rihanna’s Los Angeles home; woman arrested after Police chase

    Trump removes Kristi Noem as U.S. Homeland Security chief after mounting controversies

    Trump removes Kristi Noem as U.S. Homeland Security chief after mounting controversies

    More than one-third of flights to Middle East cancelled Tuesday as conflict disrupts air travel

    More than one-third of flights to Middle East cancelled Tuesday as conflict disrupts air travel

    Middle East airspace closures strand thousands after Iran strikes

    Middle East airspace closures strand thousands after Iran strikes

    UPDATE: Iran to establish interim leadership council after Khamenei’s death

    UPDATE: Iran to establish interim leadership council after Khamenei’s death

    Iran’s supreme leader killed in U.S-Israel strikes, state media says, succession crisis looms

    Iran’s supreme leader killed in U.S-Israel strikes, state media says, succession crisis looms

    Oil prices dip 1% as U.S. stockpiles rise and Iran talks loom

    Oil prices dip 1% as U.S. stockpiles rise and Iran talks loom

    King Charles III brother, Andrew released as Police raid mansion in misconduct probe

    King Charles III brother, Andrew released as Police raid mansion in misconduct probe

    Former British royal Andrew Mountbatten-Windsor arrested over alleged misconduct in public office

    Former British royal Andrew Mountbatten-Windsor arrested over alleged misconduct in public office

  • ENTERTAINMENT
    Action movie legend Chuck Norris dies at 86

    Action movie legend Chuck Norris dies at 86

    ‘One Battle After Another’ dominates 2026 Oscars as Michael B. Jordan, Jessie Buckley claim top acting honours

    ‘One Battle After Another’ dominates 2026 Oscars as Michael B. Jordan, Jessie Buckley claim top acting honours

    Nigerian-British actress Wunmi Mosaku shines as 2026 Oscar race reaches final stage

    Nigerian-British actress Wunmi Mosaku shines as 2026 Oscar race reaches final stage

    FIFA to rule on Nigeria protest over DR Congo players in 2026 qualifier

    FIFA to rule on Nigeria protest over DR Congo players in 2026 qualifier

    Toyin Abraham clarifies Kunle Afolayan’s ₦10 million box office remark

    Toyin Abraham clarifies Kunle Afolayan’s ₦10 million box office remark

    Nigerian music star Ifunanya dies after snake bite in Abuja

    Nigerian music star Ifunanya dies after snake bite in Abuja

    8-year-old prodigy secures 2026 Grammy nomination

    8-year-old prodigy secures 2026 Grammy nomination

    BTS gears up for massive 2026-2027 world tour following military discharge

    BTS gears up for massive 2026-2027 world tour following military discharge

    24 actor Kiefer Sutherland reportedly arrested in Los Angeles following ride-share altercation

    24 actor Kiefer Sutherland reportedly arrested in Los Angeles following ride-share altercation

    Golden Globes 2026 edition allegedly suffers another 7% dip in audience ratings despite edgy host

    Golden Globes 2026 edition allegedly suffers another 7% dip in audience ratings despite edgy host

  • SPORT
    Senegal protests AFCON title decision, calls move ‘unfair and unprecedented’

    Senegal protests AFCON title decision, calls move ‘unfair and unprecedented’

    NFF mourns former Super Eagles coach Adegboye Onigbinde at 88

    NFF mourns former Super Eagles coach Adegboye Onigbinde at 88

    FIFA to rule on Nigeria protest over DR Congo players in 2026 qualifier

    FIFA to rule on Nigeria protest over DR Congo players in 2026 qualifier

    Olympics 2026: Officials respond to claims ski jumpers injected acid into their penises

    Olympics 2026: Officials respond to claims ski jumpers injected acid into their penises

    Hazard backs Fabregas for Chelsea managerial return

    Hazard backs Fabregas for Chelsea managerial return

    Super Eagles goalkeeper Stanley Nwabali leaves Chippa United after four-year spell

    Super Eagles goalkeeper Stanley Nwabali leaves Chippa United after four-year spell

    Morocco to challenge CAF sanctions over chaotic Africa Cup of Nations final

    Morocco to challenge CAF sanctions over chaotic Africa Cup of Nations final

    Lookman officially unveiled as Atletico Madrid player

    Lookman officially unveiled as Atletico Madrid player

    Mbappé penalty seals late Real Madrid win over nine-man Rayo Vallecano

    Mbappé penalty seals late Real Madrid win over nine-man Rayo Vallecano

  • EDITORIAL
    Gains and Gaps: A Reality Check on International Women’s Day By Morayo Nwabufo

    Gains and Gaps: A Reality Check on International Women’s Day By Morayo Nwabufo

No Result
View All Result
TheLink News
No Result
View All Result
Home Policy

World Bank says NYSC scheme Nigeria’s goldmine to boost industrialization

by Lancelot Agada
October 26, 2024
in Policy, Top Stories
Reading Time: 3 mins read
A A
0
World Bank says NYSC scheme Nigeria’s goldmine to boost industrialization
4
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsappShare on Telegram

The World Bank has said Nigeria’s National Youth Service Corps (NYSC) is a national programme with strong possibilities, a goldmine in the efforts towards industrialization – calling on the the federal government to explore untapped potential of the scheme.

Country director, Dr Ndiame Diop speaking with Arise TV on the sidelines of the World Bank and IMF meetings in Washington DC. Diop, spoke about the necessity of skills for development, lamented the large number of out-of-school children which he placed at between 15 and 17 million. He also stressed the need for adequate nutrition for children under five, saying 11 million of such kids have stunted growth.

RelatedPosts

Ozoro festival assault: Police say 15 suspects now in custody

Action movie legend Chuck Norris dies at 86

UK deportation deal targets only undocumented Nigerians, presidency clarifies

His words: “Creating jobs to tackle youth unemployment is a critical area where the government has to make efforts to accelerate the pace of job creation. You have to start investing in the supply of skills and you need to start with the foundation; that is, even before the kids go to school.

At the basic education level, you really need to improve the quality. In Nigeria, the first order of business is to just get them to school because the out-of-school children in Nigeria are very large – between 15 and 17 million. Get them to school so that the learning outcomes will prepare them for the labour market.

The rate of stunting in Nigeria is just too high for the country. Over 11 million children under five are stunted; you have to eliminate that. You have to make sure that there is no longer stunting so that when they get to school, they are well-prepared to learn. You need to improve the quality of education to prepare them for the labour market.

“You have to also look at issues related to how you can match skills with the needs of firms. There’s one thing which I learned recently which is a real goldmine for Nigeria; the NYSC. It’s amazing to me. If you leverage that, then help that institution to provide the right skills to these 300,000 or 400,000 graduates per year, this will be super helpful. In fact, the World Bank is looking into that.

These areas that I mentioned are areas where we have projects and operations and we are also helping to reform. It’s not just about financing these projects but about helping to institutionalise things such that there is sustainability. At the end of the project, Nigeria will be able to continue to do those investments at the state and federal level.” He also hinted at the World Bank’s project designed to help the girl child excel in technology.

“We have one project that is really focused on not only keeping girls in school but also training them in ICT, and digital skills and helping them to also access STEM fields because the enrolment of girls in STEM fields is quite low compared to men. It’s about 13% for engineering programmes, for polytechnics it’s 20%, that’s very low. We need to address these stereotypes that are pushing young girls to education and art. All of that is good but we also need women in those areas because that is what will drive technology and transformation in the future.”

Ndiame expressed optimism about some signature reforms which he said are “steering the economy in the right direction”. He noted that “Nigeria cannot grow fast without doing the hard work; we will have to fix power, fix trade which is important because of all these trade bottlenecks that firms are facing in Nigeria. Fixing security is also important so that the mobility of goods within Nigeria will be much easier. This country has the scale and potential for economies of scale that is unique in Africa. The country has a private sector that is the most vibrant, and dynamic in Africa. Nigerians are extremely entrepreneurial, so we just need good public policy to support them and we need a very good partnership between the public sector and the private sector- a sort of productive alliance for growth and jobs.”

Adding that “these reforms come with quite high social cost; inflation is high and many Nigerians are feeling the pinch. It’s urgent to support the people that are really struggling with high inflation. Another thing that is critical is to ensure that the savings from these reforms are spent on things like education, health, infrastructure, and social protection so that Nigerians can feel the benefits of these reforms.”

ShareTweetShareSendShare
Previous Post

Tinubu cuts cost in governance, issues directive on ministers’ convoys, aides

Next Post

FG to introduce 50% tax relief for companies’ to aid salary increase, allowances of workers

Lancelot Agada

Lancelot Agada

Related Posts

Ozoro festival assault: Police say 15 suspects now in custody
News Update

Ozoro festival assault: Police say 15 suspects now in custody

by thelink
March 21, 2026
0

The Delta State Police Command has confirmed that a total of 15 suspects are now in custody in connection with...

Read moreDetails
Action movie legend Chuck Norris dies at 86

Action movie legend Chuck Norris dies at 86

March 21, 2026
UK deportation deal targets only undocumented Nigerians, presidency clarifies

UK deportation deal targets only undocumented Nigerians, presidency clarifies

March 20, 2026
Outrage in Delta as government vows action over festival assaults on women

Outrage in Delta as government vows action over festival assaults on women

March 20, 2026
Next Post
FG to introduce 50% tax relief for companies’ to aid salary increase, allowances of workers

FG to introduce 50% tax relief for companies' to aid salary increase, allowances of workers

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

Navigate Site

Follow US :

Facebook Instagram Threads Linkedin X-twitter Youtube

TheLink News

  • About Us
  • Advert Rates
  • Careers
  • Contact

Nation Today

  • The Nation
  • Politics
  • Business
  • International
  • Policy
  • Sport
  • Lifestyle
  • Entertainment

Analysis

  • City Update
  • Anti-Corruption
  • Top Stories
  • Celebrity
  • TheLink Climate
  • Crime
  • Fact Check
  • Entertainment

News Update

  • Top Stories
  • Developing Stories
  • Education
  • TheLink Exclusive
  • TheLink Investigation
  • Column

©2024 TheLink News. All Rights Reserved

Privacy Policy

Terms & Conditions

Webmail

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In

Add New Playlist

No Result
View All Result
  • NEWS
  • METRO
  • POLITICS
  • POLICY
  • BUSINESS
  • TECH
  • WORLD
  • ENTERTAINMENT
  • SPORT
  • EDITORIAL
  • Login
  • Sign Up

©2024 TheLink News. All Rights Reserved

×