Railway Contract Create 200,000 Jobs for Nigerians

About 200, 000 Nigerians will be engaged in the execution of the multi-billion naira railway contract awarded to China Railway Construction Corporation.

The local jobs openings in the execution of the project are expected to reduce the high number of unemployed persons presently roaming the streets for non-existent jobs.

Sources said the firm initially rebuffed attempts to

US unemployment falls again in November

The US economy added 321,000 jobs in November, while the unemployment rate stayed at 5.8%, official Labor Department figures show.

The number of jobs created is

Policymakers, Researchers Declare Youth Unemployment a “Time Bomb”

Policymakers and researchers in Africa have declared the rising youth unemployment in the continent a “time bomb” that should be quickly “defused” using appropriate policies and initiatives before it “detonates” and wreaks havoc on the continent. They also expressed worries over the continent’s rising food import bill, which is estimated at $35 billion annually. This amount, they said, if invested in agriculture could generate jobs and take some youths out of the labor market.

“The youth problem is indeed a

BOI reduces unemployment by 793,428

Bank of Industry says its empowerment funds have so far taken a total of 793, 428 Nigerians off the street as they have been gainfully employed across four key sectors of the economy in the last three years.

These sectors are agro processing, metals and solid minerals, gas/ energy and the creative economy.

The bank has also advised existing and prospective entrepreneurs in the country to learn from the business models of Promasidor Nigeria Limited and Globacom Nigeria, for bankable projects.

Data sourced from the bank showed that

NIIMP: FG targets 30m jobs, 70% GDP by 2043

The Minister of National Planning Commission, NPC, Dr. Abubakar Sulaiman says the proposed implementation of the newly approved National Integrated Infrastructure Master Plan, NIIMP would generate about 30 million jobs in 30 years across all sectors of the economy.

The Minister disclosed this in Abuja at a briefing on the 2014 summit on partnership for implementation of the National Integrated Infrastructure Master Plan, NIIMP.

The Minister explained that the implementation of the NIIMP will not only deliver quality infrastructure to the country but also create millions of jobs for unemployed Nigerians.

He said an estimated