Understanding the top 10 impacts of N-Power on youths
In 2015, the Federal Government introduced the National Social Investment Programme (NSIP), as a deliberate effort to pull many Nigerians out of poverty through capacity building, investment and direct support.
N-Power is a component of the NSIP and all other components of it have come under supervision of the Ministry of Humanitarian Affairs, Disaster Management and Social Development to help tackle unemployment and alleviate poverty in the country, with the focus on the youth population.
The programme was grouped into four major clusters: Job Creation, Conditional Cash Transfer, School Feeding and Government Enterprise and Empowerment Programme (GEEP).
As an employability enhancement programme, the N-Power Scheme imbibes the learn-work-entrepreneurship culture in youth between the ages of 18-35. It focuses on improving the employability and income status of young Nigerians across all the states in the country.
According to the Ministry of Social Development, “the programme is a tripod of “learn, work and exit into entrepreneurship” targeted at unemployed youths”. It needs to be added that as enrollees exit into enterprise, fresh beneficiaries are enrolled as starters.
It was designed to help young Nigerians acquire and develop life-long skills to become solution providers in their communities, improve their employability and entrepreneurial skills, improve public service delivery in key focus areas and to drive social, economic and financial inclusion.
The N-Power is a deliberate policy by the Federal Government to address the challenge of youth unemployment by providing a structure for relevant skills acquisition and development while linking its core and outcomes to fixing inadequate public services and stimulating the larger economy.
According to the social development ministry, N-Power would ensure that each beneficiary learns and practices all that is necessary to create work and generate income. Indeed, the N-Power was introduced to systemically reduce poverty and improve livelihood and human capital development in order to spur inclusive economic growth across various segments of Nigeria’s population.
The specific objectives of the programme are to: intervene and directly improve the livelihood of a critical mass of young unemployed Nigerians; develop a qualitative system for the transfer of employability, entrepreneurial and technical skills; create an ecosystem of solutions for ailing public services and government diversification policies; develop and enhance Nigeria’s knowledge economy; and provide opportunity for fresh graduates to become entrepreneurs of their own micro/small business outfits.
READ: MSME funds: List of 5 criteria to meet to qualify for FG business survival loans
The impact of N-power in the southwest. for example, has been resounding. With nearly 100,000 enrolment which accounts for about 20% in national distribution of N-power enrolments in batches A and B, there has been no shortage of positive testimonies from the Southwest N-exit just as the batch C figures in the region looks promising.
Recall that the Southwest was also among the first regions to witness the onboarding of independent monitors recently inaugurated by the honourable minister of humanitarian affairs, disaster management and social development, Sadiya Umar Farouq, in her determination to give more credence to the N-power programme and its impact on Nigerian youth.
Top Recruitment to Apply For 2021 (Gist Job Recruitment Portals)