The Treasure House Blog

CBN Governor, Godwin Emiefele The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, on Friday explained how President Muhammadu Buhari’s promise to provide 360,000 jobs for youths nationwide, will be actualized. Emefiele told stakeholders at a meeting on the operational framework for the Accelerated Agricultural Development Scheme (AADS), under which the jobs will be created that the scheme was targeted primarily at unemployed youths between the a ges of 18 and 35. The CBN governor said through the scheme, a minimum of 10,000 youths in each state, willing to engage in sustainable and profitable activities along the agriculture value chain, would be employed and trained. “I believe we are on the verge of something very significant with the AADS. “This scheme has been designed to create an ecosystem with the active participation of the public sector, state governments, and the private sector,’’ he said. Emefiele said the objectives of AADS included the creation...

Recent figures form the Nigerian Bureau of Statistics (NBS) show that unemployment increased in Nigeria by 1.5 million to stand at 13.9% with youth unemployment at 25% percent. In real numbers, this translates to 11.2 million Nigerians are unemployed as at the end of 2016. Majority of these are graduates, who continue to roam the streets for jobs after many toils to obtain a degree. Whereas the government and private sectors continue to say they are doing their best, there seem to be no end in sight to youth unemployment in Nigeria. This articles focuses on how young graduates can help themselves through agricultural cooperatives integrated with smart farming to liberate themselves from the shackles of unemployment. Cooperatives are known to many as an association of people with similar interests, and rightly so. But this same concept is the reason many people neglect it or consider it as something for rural dwellers or market women and farmers. Again due to the limited know...