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,
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.
News
Hardship: Govs Agree to Dismantle Illegal Road Blocks, Multiple Taxes
The communique was signed by NGF Chairman and Governor of Kwara State, AbdulRahman AbdulRazaq.
Governors of the 36 states of the federation have agreed to dismantle illegal road blocks and multiple taxes across the country.
They made the resolution after a meeting of the Nigeria Governors’ Forum (NGF) in Abuja, which ended early Thursday.
The governor of Lagos State, Babajide Sanwo-Olu, who read the communique at the end of the meeting, said that the governors resolved to dismantle illegal road blocks and multiple taxes, which they said contributed to food inflation in the country.
The communique was signed by NGF Chairman and Governor of Kwara State, AbdulRahman AbdulRazaq.
(ThisDay)
News
TCN Records 42 Incidents of Transmission Lines Vandalisms Within Seven Months
The major effect of the vandalism is the disruption of power supply across the Nigeria Electricity Supply Industry, as the generated power from the generation station could not be wheeled to the distribution ends.
The Transmission Company of Nigeria (TCN) recorded 42 vandalism incidents on its infrastructures between January to June 2025 and which affected a total of 178 transmission towers nationwide.
The General Manager of Transmission Service at TCN, Mr Ali Sharifa, who made this known yesterday in Keffi, Nasarawa State, lamented that 2024 and 2025 have been the most trying times for TCN concerning vandalism of its transmission line infrastructure by non-state actors.
“A total of 86 towers were vandalized in 2024, with 26 towers completely down, which left affected states in total darkness. While in the first and second quarters of 2025, a total of 42 acts of vandalism were recorded affecting a total of 178 towers,” he said.
He emphasized that the major effect of the vandalism is the disruption of power supply across the Nigeria Electricity Supply Industry, as the generated power from the generation station could not be wheeled to the distribution ends.
The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (retd.), has arrived at the Senate for the hearing on the ₦1.48 trillion budget of the state.
According to reports, Ibas was accompanied by other key officials, including members of the economic team to appear before Senate Ad-Hoc Committee on Emergency Rule in Rivers State.
The Senate had weeks ago reaffirmed its commitment to ensuring that the people of Rivers State were not shortchanged following the declaration of emergency rule by President Bola Tinubu on March 18, 2025.
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