Connect with us

News

ILO DG says No Stable Future Without Youth Employment as 20.4% Are NEET

The report calls for increased and more effective investment, including in boosting job creation with a specific target on jobs for young women,

Published

on

The International Labour Organization (ILO) is concerned that 64.9 million young people globally were unemployed in 2023.

The number of 15- to 24-year-olds who are not in employment, education or training (NEET) was one in five young people or 20.4 per cent.

ILO in its latest report, titled Global Employment Trends for Youth 2024 (GET for Youth), said that although the global labour market outlook for young people has improved in the last four years, and the upward trend is expected to continue for two more, yet the 2023 youth unemployment rate, at 13 per cent, equivalent to 64.9 million people, represents a 15-year low and a fall from the pre-pandemic rate of 13.8 per cent in 2019.

It is expected to fall further to 12.8 per cent this year and next.

Commenting on the report, Gilbert F. Houngbo, ILO Director-General, said : “None of us can look forward to a stable future when millions of young people around the world do not have decent work and as a result, are feeling insecure and unable to build a better life for themselves and their families.

Peaceful societies rely on three core ingredients: stability, inclusion, and social justice; and decent work for the youth is at the heart of all three.”

The report calls for increased and more effective investment, including in boosting job creation with a specific target on jobs for young women, strengthening the institutions that support young people through their labour market transitions including young NEETs, integrating employment and social protection for youth, and tackling global inequalities through improved international cooperation, public-private partnerships and financing for development.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

BREAKING: Tinubu to meet Obasa, Lagos Assembly members in Abuja

Published

on

President Bola Tinubu is scheduled to meet with the Lagos State House of Assembly, at the Presidential Villa, Abuja.

Already, the Speaker, Mudashiru Obasa, arrived at about 2:50 pm, while his colleagues had earlier arrived in two coaster buses.

The meeting may not be unconnected with the recent leadership crisis in the State House of Assembly.

The Speaker, Rt. Hon. Obasa was impeached by some of his colleagues but he was later reinstated after the intervention of the political leaders especially the Governing Advisory Council, GAC.

Despite the Speaker’s reinstatement, it was gathered that the bad blood as a result of his impeachment is yet to be over.

Details later…

Continue Reading

International

UK, Nigeria launch creative industries technical Working Group

Published

on

The UK and Nigeria have officially launched the Creative Industries Technical Working Group, marking a pivotal development in the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP).

This partnership aims to deepen bilateral ties and create a robust framework for growth within the creative sectors of both nations.

A statement by the UK High Commission in Lagos said the launch of this working group and a match-making event for UK-Nigeria creative industries leaders today in London represents a milestone in the UK-Nigeria relationship, designed to boost innovation, cross-border creative collaborations, and sustainable economic growth and development.

It said both events provided a dynamic platform to explore new opportunities and form commercial alliances within key creative subsectors such as Film and TV, Music, Fashion & Design, Architecture, Advertising, and Gaming.

The initiative is poised to foster long-term growth, enhance job creation, and unlock new pathways for creativity and innovation in both countries by prioritising collaboration and cultural exchange.

Speaking on the significance of the launch, Florence Eshalomi MP, the UK’s Trade Envoy to Nigeria and Co-Chair of the UK-NG Creatives Technical Working Group, said: “Today marks a significant moment as we launch the UK-Nigeria Creatives Working Group.

Our nations share a rich cultural bond and a deep belief in the transformative power of creativity, through music, film, fashion, and the arts.

“This initiative, rooted in our landmark Enhanced Trade & Investment Partnerships (ETIP), will drive stronger trade ties, foster deeper collaboration, and unlock the full potential of our creative industries.

“By enhancing market access and investing in skills, we are opening doors to new opportunities that will create jobs and boost economic growth in the UK and Nigeria.”

Emphasising the need for deeper creative and cultural ties, Mr Obi Asika, Director General of the National Council for Arts and Culture and Co-Chair of the UK-NG Creatives Technical Working Group in Nigeria, said: “Nigeria’s creative economy is a global force, driven by our storytellers, musicians, designers, and digital innovators.

From Nollywood to Afrobeats, fashion to gaming, our industries are reshaping global culture and commerce.

“However, to unlock the full potential of this sector, we need strategic investment and support not just in talent, but in the institutions and infrastructure that will sustain long-term growth.”

Representing Mr., Obi Asika from the Nigerian side, Prince Baba Agba, Special Assistant to the President of Nigeria on Creativity, underscored the importance of leveraging UK expertise for impactful collaborations, adding:

“The UK’s creative industries stand as a global benchmark for institutional excellence, market distribution, and innovation.

We are eager to tap into your expertise for meaningful partnerships.

“This Working Group isn’t just about discussions – it’s about taking concrete actions that will yield tangible outcomes for creators, businesses, and industry stakeholders on both sides.”

Continue Reading

News

BREAKING: Fubara denied access to present budget, locked out of Rivers Assembly complex (Video)

Published

on

Rivers State Governor, Siminalayi Fubara was on Wednesday denied access to the Rivers State House of Assembly quarters, where lawmakers currently hold plenary sessions.

ohibaba.com gathered that the governor arrived at the Assembly quarters on Wednesday morning to present the state 2025 budget but was met with a locked gate, preventing his entry.

Fubara had earlier pledged to implement the Supreme Court judgment, which includes the formal presentation of the 2024 budget.

The budget was initially presented to a four-member Assembly faction in December 2023.

Last week, the Assembly issued a 48-hour ultimatum for the governor to present the 2025 budget.

In response, Fubara stated that he was awaiting the Certified True Copy, CTC, of the court judgment before proceeding.

On Sunday, in a letter signed by the Secretary to the State Government, Tammy Danagogo, and addressed to Speaker Martins Amaewhule, Fubara invited lawmakers for discussions on the Supreme Court ruling.

The discussions were expected to cover issues such as the budget presentation and the payment of outstanding salaries to the legislators, amongst other issues to chart a way forward for the state.

Watch video below:

Video source: ChannelsTV

Continue Reading

Trending