Business

FG to launch  $350 billion global outsourcing market for youth employment

FG to launch  $350 billion global outsourcing market for youth employment

 

The Nigerian government is set to launch the Outsource to Nigeria Initiative (OTNI) to engage with the global outsourcing market, which has grossed nearly $350 billion to unlock huge employment prospects for its burgeoning youth population.

 

The initiative is set to be launched by Vice President Kashim Shettima in Gombe State on March 4, 2024 which  will be driven by the private sector but facilitated by the government, and coordinated by the Vice President’s Office.

 

It aims to generate employment opportunities within the business process and technology-enabled outsourcing industries, aligning with President Tinubu’s job creation objectives.

 

The announcement was made by the Deputy Chief of Staff to the President (Office of the Vice President), Sen. Ibrahim Hadejia, during a press briefing in Abuja.

 

He emphasized that the nationwide implementation of OTNI represents a strategic approach to ensuring job security for Nigeria’s vast youth demographic.

According to him, OTNI is poised to bolster Nigeria’s outsourcing industry, creating valuable job opportunities for youth across various sectors, with an initial target of employing over 1,000 individuals in Gombe State following participant training.

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