As
part of programmes crafted to ease unemployment rate, President Buhari inaugurated
Npower, targeting Nigerian youths, especially graduates. Between 2016 and 2017, over 500,000 youths
were engaged, existing
statistics for 2018 shows that no fewer than 6.8 million Nigerians have
benefited from the programme.
Meanwhile,
Infoprations’ analysis of the level
to which unemployed persons seek knowledge about the programme in relation with
the high rate of unemployment in the
country indicates a significant difference.
Despite
12 months of seeking knowledge about Npower by Nigerians in 2017, the volume of
search was low compared to 2018’s volume, which has 6 months period. The
interest in unemployment in 2017 was low compared to 2018 in which the interest
for the problem was high. These insights indicate that Nigerians’ interest in
unemployment diminished in 2017, one year after the Federal Government introduced
the programme.
However,
there were good omens in 2017 and the first 6 months of 2018. Analysis reveals
that the more Nigerians had interest in Npower programme, the less their
interest in unemployment. A 3.6% reduction was found for every one
percent of interest in unemployment in the country. This reduction has dipped
to 1.8% for the January to June, 2018 period. 2017 was also good for the Npower
programme. Analysis suggests that during the year Nigerians had better interest
in Npower than searching for other jobs. The more they had interest in Npower,
the less they thought about searching other employment opportunities.
In
spite of the positive outcome in 2017, from January to June, 2018, Nigerians’
interest in Npower moved along with searching for other job opportunities by
11.6%. This is an indication that Npower did not reduce their interest in searching
for alternative employment opportunities during the period.
When Infoprations analysed the trends of the
programme in relation with the country’s capacity to retain talents for 2014 to
2018, analysis indicates that the better the country in ranking, the better its
ability to retain talents in 2017. Analysis shows that there is 88.2% assurance
that Nigerian government could retain Npower volunteers. This has diminished to
12.2% in 2018. Analysis further indicates that country’s ability to retain the volunteers
will increase to 52.8% and 52.1% in July and August respectively.
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