RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

Nigeria Launches Plan to Train 3 Million Tech Talents to Tackle Youth Unemployment

Bolarinwa Mathew by Bolarinwa Mathew
November 16, 2023
in Economy, Tech News
Reading Time: 2 mins read
A A
0
Nigeria Launches Plan to Train 3 Million Tech Talents to Tackle Youth Unemployment
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

In a significant move to address rising unemployment and boost the tech sector, Nigeria’s Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, officially launched a groundbreaking initiative aimed at training 3 million technical talents over the next four years. The initiative, named the 3 Million Tech Talents (3MTT) program, carries the potential to align with President Bola Tinubu’s ambitious goal of creating one million tech jobs within the first two years of his administration.

With Nigeria’s unemployment rate projected to surpass 40% this year, up from 33% in 2020, the urgency to enhance technical skills and create employment opportunities in the burgeoning technology sector has never been more critical.

AlsoRead

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

Uber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike

Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals

“I believe, based on data that LinkedIn has projected, Nigeria can fill about 23% of the current global shortage in technology talents,” Minister Tijani expressed. He envisions leveraging the country’s youthful population, constituting approximately 60% of the total, to transform Nigeria into a net exporter of technology talents globally.

The 3MTT program will follow a 1-10-100 model, starting with a prototype involving 1% of the target, or 30,000 participants, for the initial three months. The overwhelming response to the first cohort, with around 2 million applications received in less than 30 days, indicates the program’s potential impact.

The second cohort, focusing on an additional 30,000 individuals, is set to commence in February 2023. Minister Tijani emphasizes that insights gained from these initial batches will inform the scaling of the program to achieve the overarching target of training 3 million tech talents.

For the inaugural batch, selected participants will undergo training in twelve technical skills, including software development, UI/UX design, data analysis & visualization, quality assurance, product management, data science, animation, AI/machine learning, cybersecurity, game development, cloud computing, and DevOps.

Fola Olatunji-David, a member of the 3MTT team, elucidated the program’s hybrid teaching approach. Participants will engage with curated online content providers and participate in applied learning clusters within their communities. Olatunji-David emphasized the program’s commitment to practical application, stating, “We don’t want people to learn and sit down in their house alone. We want them to learn and be able to apply what they have learned,” and added that job placements will be facilitated for successful participants.

As Nigeria takes bold steps to bridge the technology skills gap and empower its youth, the 3MTT program stands as a beacon of hope for fostering a skilled and competitive workforce in the rapidly evolving global digital landscape.

Tags: #Innovation#Nigeria3 Million Tech TalentsBosun Tijanidigital economyeconomic developmentemployment opportunitiesTechnology SkillsTraining Program.Youth Unemployment
Previous Post

NGX Experiences Surge in Market Capitalization with New Listings

Next Post

Naira Bounces Back, Gains 3.81% Against Dollar 

Related News

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

by Jide Omodele
March 20, 2026
0

Providus Bank Limited has affirmed that it fully complies with the Central Bank of Nigeria’s (CBN) minimum capital requirement for...

Uber Partners with Waymo to Introduce Self-Driving Cars, Advancing Autonomous Driving.

Uber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike

by Stephen Akudike
March 20, 2026
0

Uber Technologies Inc. has disclosed that its platform facilitated a collective N6.1 billion in additional annual earnings for drivers across...

Dangote Refinery: Weep Not Child By Duke of Shomolu

Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals

by Stephen Akudike
March 19, 2026
0

Nigeria imported crude oil valued at $3.74 billion linked to the operations of the Dangote Petroleum Refinery in 2025, according...

CBN Auctions N1.05 Trillion in Treasury Bills, Pushing Two-Week Borrowing Near N3 Trillion

by Jide Omodele
March 19, 2026
0

The Central Bank of Nigeria (CBN) is set to raise N1.05 trillion through a Treasury Bills auction today, March 18,...

Next Post
Domiciliary Accounts Surge to $29bn Amid Naira’s Record Low

Naira Bounces Back, Gains 3.81% Against Dollar 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge

March 20, 2026
CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

March 20, 2026

Popular Story

  • Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

    US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge

    0 shares
    Share 0 Tweet 0
  • NGX Suspends Trading of Three Insurance Firms for Delayed 2024 Audits

    0 shares
    Share 0 Tweet 0
  • NNPC Begins Exploratory Drilling in Nasarawa, to Grow Reserves to 50bn Barrels.

    0 shares
    Share 0 Tweet 0
  • Naira appreciates to N750/$ in the parallel market.

    0 shares
    Share 0 Tweet 0
  • NNPC Aims to Increase Oil Production to 1.7 to1.8 Million Barrels per Day by 2024.

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>