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Skill Acquisition and Entrepreneurship Development Programme

Published by

Global-Innovation

Global-Innovation Exchange

Project start date: 1/1/2012

Skill Acquisition and Entrepreneurship Development Programme

Nigeria

The innovation focuses on building the skills of young people to become self-reliant entrepreneurs and contribute to sustainable and just economies.

Scaling

3-5 years

$3,000,000.00

Last update: October 05, 2023

OverviewContributors

Challenge

With a growing population of over 180 million people, Nigeria remains at a poverty index level of 53.7% according to UNDP. This contributes to food insecurity, job insecurity, and a poor human development index. Despite various reforms in the agricultural sector, food prices continue to rise, posing a threat to national food security. Moreover, the unemployment rate has been increasing, especially among the youth aged 15 – 25 years, contributing to increased violence, crime, and terrorism.

Description

The National Youth Service Corps (NYSC) initiated the SAED programme to tackle unemployment by empowering Corps members with entrepreneurial skills. Through a structured presence in the 774 local government areas (LGAs) of Nigeria, the programme promotes self-reliance via skill acquisition and entrepreneurial development, aligning with the SDGs of eradicating extreme poverty and hunger.

SDGs

Decent Work and Economic GrowthGender EqualityNo Poverty

Outcomes

The program has reached over 1.4 million graduates, created 961 businesses, and generated 3,844 jobs as of 2019.