• 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
Kwara rolls out free twice-yearly HIV prevention injection to curb new infections

Kwara rolls out free twice-yearly HIV prevention injection to curb new infections

May 5, 2026
Nigeria delivers less than half of allocated crude to refineries amid pricing disputes

Nigeria delivers less than half of allocated crude to refineries amid pricing disputes

May 5, 2026
Hantavirus: Cape Verde blocks MV Hondius cruise ship after outbreak kills three

Hantavirus: Cape Verde blocks MV Hondius cruise ship after outbreak kills three

May 4, 2026
UAE intercepts missiles, drones as Iran and U.S. trade conflicting claims over Strait of Hormuz security

UAE intercepts missiles, drones as Iran and U.S. trade conflicting claims over Strait of Hormuz security

May 4, 2026
Iran expands maritime attacks, hits UAE oil facility in Strait of Hormuz standoff

Iran expands maritime attacks, hits UAE oil facility in Strait of Hormuz standoff

May 4, 2026
Senate summons Finance, Education Ministers over $30M Safe School Initiative Fund

No imposition under consensus, Bamidele says as APC primaries continue

May 4, 2026
Trump doubts Iran peace deal, warns Tehran has not ‘paid enough’

Trump doubts Iran peace deal, warns Tehran has not ‘paid enough’

May 3, 2026
Nigerian Army rescues six abducted civilians in Borno counter-terror operation

Nigerian Army rescues six abducted civilians in Borno counter-terror operation

May 2, 2026
Worsening health fears grow for jailed Iranian Nobel laureate Narges Mohammadi

Worsening health fears grow for jailed Iranian Nobel laureate Narges Mohammadi

May 2, 2026
US warns shippers over Iran transit fees in unabating Strait of Hormuz tensions

US warns shippers over Iran transit fees in unabating Strait of Hormuz tensions

May 2, 2026
First malaria drug for babies approved in major breakthrough for Africa

First malaria drug for babies approved in major breakthrough for Africa

May 2, 2026
Zambia cancels major global rights summit days before kickoff

Zambia cancels major global rights summit days before kickoff

May 2, 2026
  • About
  • Contact
  • Advert Rates
Wednesday, May 6, 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
    Hantavirus: Cape Verde blocks MV Hondius cruise ship after outbreak kills three

    Hantavirus: Cape Verde blocks MV Hondius cruise ship after outbreak kills three

    UAE intercepts missiles, drones as Iran and U.S. trade conflicting claims over Strait of Hormuz security

    UAE intercepts missiles, drones as Iran and U.S. trade conflicting claims over Strait of Hormuz security

    Iran expands maritime attacks, hits UAE oil facility in Strait of Hormuz standoff

    Iran expands maritime attacks, hits UAE oil facility in Strait of Hormuz standoff

    Senate summons Finance, Education Ministers over $30M Safe School Initiative Fund

    No imposition under consensus, Bamidele says as APC primaries continue

    Trump doubts Iran peace deal, warns Tehran has not ‘paid enough’

    Trump doubts Iran peace deal, warns Tehran has not ‘paid enough’

    Nigerian Army rescues six abducted civilians in Borno counter-terror operation

    Nigerian Army rescues six abducted civilians in Borno counter-terror operation

    Worsening health fears grow for jailed Iranian Nobel laureate Narges Mohammadi

    Worsening health fears grow for jailed Iranian Nobel laureate Narges Mohammadi

    US warns shippers over Iran transit fees in unabating Strait of Hormuz tensions

    US warns shippers over Iran transit fees in unabating Strait of Hormuz tensions

    Zambia cancels major global rights summit days before kickoff

    Zambia cancels major global rights summit days before kickoff

  • POLITICS
    Senate summons Finance, Education Ministers over $30M Safe School Initiative Fund

    No imposition under consensus, Bamidele says as APC primaries continue

    Trump doubts Iran peace deal, warns Tehran has not ‘paid enough’

    Trump doubts Iran peace deal, warns Tehran has not ‘paid enough’

    President Tinubu appoints Bianca Odumegwu-Ojukwu as foreign affairs minister

    President Tinubu appoints Bianca Odumegwu-Ojukwu as foreign affairs minister

    President Tinubu meets Reps leadership at Aso Villa as 2027 ticket battle heightens

    President Tinubu meets Reps leadership at Aso Villa as 2027 ticket battle heightens

    Tinubu meets APC governors in Abuja amid series of high-level consultations

    Tinubu meets APC governors in Abuja amid series of high-level consultations

    Osun 2026: APC lawmakers deny claims of Tinubu backing Adeleke

    Osun 2026: APC lawmakers deny claims of Tinubu backing Adeleke

    US announces blockade of Iranian ports as failed talks deepen crisis

    US announces blockade of Iranian ports as failed talks deepen crisis

    Orbán loses grip on power as Hungary turns to centre-right opposition

    Orbán loses grip on power as Hungary turns to centre-right opposition

    Trump orders Hormuz blockade as US-Iran talks collapse, tensions surge

    Trump orders Hormuz blockade as US-Iran talks collapse, tensions surge

  • POLICY
    FG declares May 1 public holiday to mark Workers’ Day

    FG declares May 1 public holiday to mark Workers’ Day

    President Tinubu appoints Bianca Odumegwu-Ojukwu as foreign affairs minister

    President Tinubu appoints Bianca Odumegwu-Ojukwu as foreign affairs minister

    FG weighs expansion of housing fund after strong early performance

    FG weighs expansion of housing fund after strong early performance

    FG evacuates Nigerians from Niger amid security concerns

    FG evacuates Nigerians from Niger amid security concerns

    INEC removes Ebiseni, restores Festus as Labour Party’s candidate hours to Ondo gubernatorial election

    INEC extends deadline for party membership register submission ahead of 2027 elections

    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’

  • BUSINESS
    Nigeria delivers less than half of allocated crude to refineries amid pricing disputes

    Nigeria delivers less than half of allocated crude to refineries amid pricing disputes

    UAE walks away from OPEC, adding pressure to already strained global oil market

    UAE walks away from OPEC, adding pressure to already strained global oil market

    FG backs Flutterwave IPO with $75m stake as fintech eyes $250m raise

    FG backs Flutterwave IPO with $75m stake as fintech eyes $250m raise

    Gold slips as Strait of Hormuz tensions lift dollar, cool rate cut hopes

    Gold slips as Strait of Hormuz tensions lift dollar, cool rate cut hopes

    CBN debunks viral claim of ₦5,000 note featuring Tinubu

    CBN debunks viral claim of ₦5,000 note featuring Tinubu

    Oil slides below $100 as ceasefire hopes, rising U.S inventories pressure prices

    Oil slides below $100 as ceasefire hopes, rising U.S inventories pressure prices

    Oil prices soar amid Middle East escalations, US strong demand data

    Oil jumps as Trump warns of tougher strikes on Iran, global markets reel

    Fuel prices still rising in Nigeria despite the Dangote refinery

    Fuel prices still rising in Nigeria despite the Dangote refinery

    Foreign investors bringing money back to Nigeria as capital inflows jump sharply in 2025

    Foreign investors bringing money back to Nigeria as capital inflows jump sharply in 2025

  • TECH
    Young innovator secures Lagos partnership to make public toilets easier to find

    Young innovator secures Lagos partnership to make public toilets easier to find

    FG backs Flutterwave IPO with $75m stake as fintech eyes $250m raise

    FG backs Flutterwave IPO with $75m stake as fintech eyes $250m raise

    Humanoid robots surge ahead in Beijing half-marathon, showcasing rapid tech leap

    Humanoid robots surge ahead in Beijing half-marathon, showcasing rapid tech leap

    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
    Michael Jackson biopic breaks records, opens with $220m globally despite mixed reviews

    Michael Jackson biopic breaks records, opens with $220m globally despite mixed reviews

    Legendary Asha Bhosle dies at 92, leaving behind a fearless legacy that reshaped Indian music

    Legendary Asha Bhosle dies at 92, leaving behind a fearless legacy that reshaped Indian music

    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

  • SPORT
    Ghana lands 2027 U-20 AFCON hosting rights in boost for youth football

    Ghana lands 2027 U-20 AFCON hosting rights in boost for youth football

    New trial over football legend Maradona’s death opens as medical team faces negligence charges

    New trial over football legend Maradona’s death opens as medical team faces negligence charges

    FIFA names 52 referees for 2026 World Cup, only six women make list

    FIFA names 52 referees for 2026 World Cup, only six women make list

    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

  • 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
6
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

Kwara rolls out free twice-yearly HIV prevention injection to curb new infections

Nigeria delivers less than half of allocated crude to refineries amid pricing disputes

UAE intercepts missiles, drones as Iran and U.S. trade conflicting claims over Strait of Hormuz security

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

Kwara rolls out free twice-yearly HIV prevention injection to curb new infections
Health

Kwara rolls out free twice-yearly HIV prevention injection to curb new infections

by thelink
May 5, 2026
0

The Kwara State Government has launched a free long-acting HIV prevention injection as part of efforts to reduce new infections...

Read moreDetails
Nigeria delivers less than half of allocated crude to refineries amid pricing disputes

Nigeria delivers less than half of allocated crude to refineries amid pricing disputes

May 5, 2026
UAE intercepts missiles, drones as Iran and U.S. trade conflicting claims over Strait of Hormuz security

UAE intercepts missiles, drones as Iran and U.S. trade conflicting claims over Strait of Hormuz security

May 4, 2026
Iran expands maritime attacks, hits UAE oil facility in Strait of Hormuz standoff

Iran expands maritime attacks, hits UAE oil facility in Strait of Hormuz standoff

May 4, 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

×