ITF Records 70% Job Placements For Trainees

The Industrial Training Fund (ITF) has achieved over 70 percent job placement for its trainees across major sectors of the economy in Nigeria, the Director-General, ITF, Dr. Juliet Chukkas-Onaeko has said.

She said the ITF’s focus was to ensure 100 percent employment for trainees that benefited from various trainings conducted in collaboration with the Nigeria Employers Consultative Association and other organisations.

Over 74,000 Nigerians have been trained in various vocational and technical areas under the 1,000 per state training scheme, while about one million benefitted from the overall ITF training projects, in-house and across industries in the last one year.

The DG noted that the ITF would continue to increase the number of trainees in the coming years to further address the issues of unemployment in the country. Already the process of training two million annually has commenced, according to ITF.

Dr. Chukkas-Onaeko stated:

“Our focus is to achieve 100 percent employment for all trainees that come on the platform. And so far, I would say that we have done quite well.Up to 70 percent get retained by the companies that work with us to train these people, and some go to sister companies, other companies that offer the same services, and they get employed.

I have told my team that we should look at training and working on getting jobs for at least 50 percent of four million people to be trained. That is because the need is huge. If we don’t do this considering the number of youths that graduate from the universities every year, from the polytechnics and even the secondary schools, the unemployment rate will continue to grow at a very high rate.

The number of those living below poverty line is also high and we just need to do everything possible to reduce it. Because the figures are high, we need positive collaborations to achieve success, which is why we have entered into collaborations with different stakeholders. With concerted efforts and innovative thinking, we will get there.”

Lola Apampa For 2015 Hult Prize

Lola Apampa, a Nigerian student from Warwick Business School is part of a team competing for the chance to win $1 million after entering the sixth Annual Hult Prize.

Apampa’s team SEED is one of two teams from Warwick Business School who have reached the regional finals.

The Hult Prize regional final competitions will take place on March 13 and 14 in Boston, San Francisco, London, Dubai and Shanghai. This year the theme, selected by former USA President Bill Clinton, revolves around solving the problem of early childhood education in the urban slum.

Team SEED comprises of Lola Apampa, alongside Arya Choudhury, Shaurya Mehta, Prerna Kumra and Daniel Van Beest Van Andel, who will be representing WBS at the San Francisco regional finals.

Team SEED representative, Lola Apampa, said:

“Our team name, SEED, stands for Social Enterprise for Education & Development. We thought it a fitting name for this competition as it is our aim to plant the seed, so to speak, of early childhood education in the urban slums of the world and nurture young children through education for a better and brighter tomorrow.

Early childhood education is one of the fundamentals which must be put in place if a society is to progress.

As a team we are honoured to compete in the Hult Prize and look forward to being part of an initiative with the potential to greatly improve those communities that need it most.”

Student teams compete in five cities around the world for a chance to secure $1 million in start-up funding to launch a sustainable social venture.

The 2015 Hult Prize will focus on building start-ups that provide sustainable, high quality early education solutions to 10 million children under the age of six in urban slums and beyond by the year 2020.

Following the regional finals, one winning team from each host city will move into a summer business incubator, where participants will receive mentorship, advisory and strategic planning as they create prototypes and set-up to launch and scale their new ventures.

A final round of competition will be hosted by Clinton and the Clinton Global Initiative (CGI) at its annual meeting in September, where CGI delegates will select a winning team to be awarded the $1 million prize by Clinton himself.

Dean of WBS, Professor Mark Taylor, said:

“It is great news to see, not one, but two teams of Warwick MBA participants have reached regional finals, for the fifth year in a row.

This time our MBAs will not only be represented in the European finals in this challenge, but also in the San Francisco regionals too. It is evidence that we are producing world-class, socially responsible, creative leaders and managers who think on a global scale. We wish them all the best for their challenge in London and San Francisco on March 13 and 14.”