National Economy
Tuesday, July 1, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Editorial

Nigeria’s Youth Demographic: A Potential Powerhouse

by `
12 months ago
in Editorial
Reading Time: 3 mins read
Demographic,Youth
Share on FacebookShare on TwitterShare on Telegram

You May Like

Unlocking Nigeria’s Dead Assets For Economic Revival

Revitalising Nigeria’s Public Institutions For National Development

Nigeria boasts one of the largest youth populations in the world, with over 60 per cent of its population under the age of 25. This youthful demographic is both a tremendous asset and a potential liability. If harnessed effectively, the energy, creativity, and innovation of Nigerian youth can drive economic growth, social development, and technological advancement. However, the converse is equally true: if neglected, this demographic could exacerbate unemployment, poverty, and social instability.
The challenges facing Nigerian youth are multifaceted. The educational system, while expansive, often falls short in providing students with the practical skills needed in today’s job market. Traditional curricula are frequently outdated, focusing on rote learning rather than critical thinking and problem-solving. Additionally, there is a significant mismatch between the skills taught in schools and those demanded by employers, leading to high unemployment and underemployment rates among graduates.
Yet, within these challenges lie opportunities. The burgeoning tech industry in Nigeria, often referred to as “Silicon Savannah,” illustrates the potential for youth-led innovation and entrepreneurship. Programmes like Andela, which trains software developers, and the numerous tech hubs across the country, highlight the importance of targeted skills development. Furthermore, the agriculture sector, with its potential for modernisation and value addition, presents another avenue for youth engagement and employment.
To capitalise on these opportunities, concerted efforts are required from both the government and the private sector. The government must prioritise education reform, focusing on curriculum updates, teacher training, and investment in vocational and technical education. Policies should also encourage public-private partnerships, fostering environments where businesses can contribute to and benefit from a skilled workforce.
The private sector, on the other hand, has a crucial role in providing training, internships, and apprenticeship programs. By partnering with educational institutions, businesses can ensure that the skills being developed are directly aligned with market needs. Additionally, corporate social responsibility initiatives can focus on supporting youth entrepreneurship and innovation through funding, mentorship, and access to resources.
International cooperation and the digital revolution also play pivotal roles. Organisations such as the United Nations and the World Bank have launched various initiatives aimed at youth skills development, and Nigeria must actively engage in these global platforms. The digital revolution offers unprecedented opportunities for learning and skills acquisition. Online courses, virtual internships, and digital mentorship programmes can break down geographical barriers, providing Nigerian youth with access to global knowledge and networks.
On this World Youth Skills Day, the message is clear: investing in youth skills is not just an option, but an imperative. For Nigeria, this investment is the key to unlocking the full potential of its young population, driving economic growth, and achieving sustainable development.
To the Nigerian government, private sector, educational institutions, and international partners: the time to act is now. By prioritising and investing in youth skills development, we can build a future where Nigerian youth are not just participants in the global economy, but leaders and innovators.
To the youth of Nigeria: seize every opportunity to learn, grow, and innovate. Your skills, your creativity, and your resilience are the cornerstones of Nigeria’s future. Together, we can build a nation that not only dreams but achieves, not only aspires but excels.
World Youth Skills Day is a clarion call to acknowledge and address the challenges facing young people in Nigeria and around the world. By fostering an environment that values and cultivates skills development, we can empower our youth to shape a brighter, more prosperous future. The journey begins with a commitment to education, collaboration, and innovation—principles that will transform Nigeria and set a global example of what is possible when we invest in our youth.

 

Tags: Demographic:Youth
ShareTweetShare
Previous Post

Assessing Telecoms Sector’s Performance In Q1 2024

Next Post

FG Allocates N120bn For Presidential Metering Initiative

ANOTHER GOOD READ

Unlocking Nigeria’s Dead Assets For Economic Revival
Editorial

Unlocking Nigeria’s Dead Assets For Economic Revival

16 hours ago
Revitalising Nigeria’s Public Institutions For National Development
Editorial

Revitalising Nigeria’s Public Institutions For National Development

1 week ago
Nigeria’s Minimum Wage Crisis And Declining Quality Of Life
Editorial

Nigeria’s Minimum Wage Crisis And Declining Quality Of Life

3 weeks ago
Harnessing Creativity, Innovation To Transform The Nigerian Economy
Editorial

Harnessing Creativity, Innovation To Transform The Nigerian Economy

2 months ago
Unlocking Nigeria’s Economic Potential Through Optimal Internal Trade
Editorial

Unlocking Nigeria’s Economic Potential Through Optimal Internal Trade

4 months ago
Recognising Women’s Contribution To Nigeria On International Women’s Day
Editorial

Recognising Women’s Contribution To Nigeria On International Women’s Day

4 months ago
Next Post
FG Allocates N120bn For Presidential Metering Initiative

FG Allocates N120bn For Presidential Metering Initiative

Most Recent

Senator Jibrin Barau @66: Footprints Of A Political Powerhouse And Philanthropist

Senator Jibrin Barau @66: Footprints Of A Political Powerhouse And Philanthropist

June 30, 2025
Obasa: Chronicling A Decade Of Commanding Legislative Tour De Force   

Obasa: Chronicling A Decade Of Commanding Legislative Tour De Force  

June 30, 2025
17 States Confirm Plans To Host Olympic Day

17 States Confirm Plans To Host Olympic Day

June 30, 2025
NSC Commends Akeredolu For Driving Nigeria’s Flag Football Success

NSC Commends Akeredolu For Driving Nigeria’s Flag Football Success

June 30, 2025
We Are Ready To Host CAA U18/U20 Championships – LOC

We Are Ready To Host CAA U18/U20 Championships – LOC

June 30, 2025
PFL  Event: Ukah Eyes Thrilling Debut Against South African Ceileigh

PFL Event: Ukah Eyes Thrilling Debut Against South African Ceileigh

June 30, 2025
Unlocking Africa’s Manufacturing Potential In Global Trade Networks

Unlocking Africa’s Manufacturing Potential In Global Trade Networks

June 30, 2025
Driving Aviation Growth Through Regional Collaboration

Driving Aviation Growth Through Regional Collaboration

June 30, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy