According to a new World Bank study, Nigeria needs to create an estimated 40 to 50 million additional jobs between 2010 and 2030.
The study, which was released in Abuja on Tuesday, March 15 noted that creation of that amount of jobs is imperative to avert a nationwide market crisis, that may result in possible economic collapse.
According to the reports, majority of adult Nigerians are employed, but locked into low productivity and low income work, with no job or income security.
“To reduce poverty and promote inclusive growth, the jobs to be created need to be more productive and provide higher incomes than the country’s jobs provides today” said the three new reports.
The reports also noted that beyond basic skills, better policies and programmes would improve access and market relevance of technical vocational education and training.
