National News
FG, EU, UNDP Launch Jubilee Fellows Fund to Address Youth Unemployment in Nigeria
FG, EU, UNDP Launch Jubilee Fellows Fund to Address Youth Unemployment in Nigeria
By: Michael Mike
The Federal Government, with financial support from the European Union (EU) and in collaboration with the United Nations Development Programme (UNDP), has launched the Jubilee Fellows Fund.
This is an innovative financing instrument that will enable a diverse set of stakeholders to support the roll-out and implementation of the Nigeria Jubilee Fellows Programme (NJFP).
The NJFP, launched in August 2021, is a government led youth employment initiative that will place 20,000 young Nigerians graduates annually with one-year paid work placements in private and public sector companies across the country.
A statement by the Acting Head of Communications, UNDP Nigeria, Alison Clement on Tuesday said there is critical need for diverse support and resource mobilization, beyond traditional public finance and international aid, to achieve the Sustainable Development Goals and address some of the country’s biggest challenges, like youth unemployment.
She said the Jubilee Fellows Fund provides an opportunity for a wide range of stakeholders, including private sector, start-ups, foundations, international financial institutions, philanthropists and multilateral and bilateral donors to contribute funding towards the implementation of the NJFP, helping to provide a solution to the high rate of unemployment of young people across the country.
The Vice President, Prof. Yemi Osinbajo, in his written remarks, declared that:
“Youth unemployment continues to be one of the most ardent challenges facing Nigeria today. The Federal Government is working tirelessly to reduce unemployment through various policies that support existing businesses, encourage start-ups and build an efficient workforce.”
He added that: “It is my firm belief that the Jubilee Fellows Programme will provide a template for empowerment across the continent. It is a true testament to how collaboration between government, development partners and the private sector should work.”
In attendance at the high-level launched event in Abuja on Monday was Mrs. Margrethe Vestager, Executive Vice President, European Commission; the Honourable Minister of Industry, Trade and Investment Mr. Otunba Adeniyi Adebayo who represented His Excellency, Prof. Yemi Osinbajo, the Vice President of Nigeria; the Honourable Minister of State, Budget and Planning, Mr. Prince Clem Ikanade Agba; Her Excellency Samuela Isopi, Ambassador at the Delegation of the European Union to the Federal Republic of Nigeria & ECOWAS; Mr. Matthias Schmale, United Nations Resident and Humanitarian Coordinator (a.i), United Nations in Nigeria and Mr. Mohamed Yahya, Resident Representative, UNDP Nigeria.
Ambassadors and high-level representatives from the United States, United Kingdom, Japan and Norway as well as EuroCham Nigeria and private sector leaders, were also present at the launch event.
During the launch of the Fund, the EU signed a development cooperation agreement of €55million with the Federal Government of Nigeria out of which €44million is earmarked for the NJFP.
The Executive Vice-President of the European Commission, Mrs. Margrethe Vestager declared “Our objective in this programme is to support the creation of new green and smart jobs for young graduates, including women and groups living in vulnerable situations. These are exactly the type of jobs we wish to promote under the new EU Multiannual Indicative Programme for Nigeria and under the Global Gateway initiative”.
The Fund will be managed by the UNDP on behalf of the Government and partners, and a Steering Committee comprised of contributing partners will provide strategic guidance and oversight on the direction and execution of the Fund. The Steering Committee will be supported by a high-level Advisory Group of private sector leaders which was also inaugurated at the event.
The Resident Representative at UNDP Nigeria, Mr. Mohamed Yahya, at the event said: “I want to call on everyone – from private sector leaders to the international community and the Nigerian diaspora – to accompany the development journey of young Nigerians and lend their support to the Fund as the success of the Jubilee Fellows Programme is our collective gain.”
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He added that: “The homegrown talent we have here in Nigeria is immense and it is critical that stakeholders from all backgrounds collectively work together to provide the foundation for young people to flourish and thrive.”
The statement revealed that contributions will be received and administered by the UNDP in accordance with UNDP Financial Rules and Regulations and an online dashboard, tracking resource mobilization from public and private sources, is currently being established. The possibility for private individuals to contribute with donations to the Fund, via a crowd funding platform, will also be tested as part of the innovative financing model for the NJFP.
Meanwhile, the European Commission, Mrs. Margrethe Vestager, Executive Vice President of EU at a press conference on Tuesday said Nigeria occupies an important place in the heart of European Union.
She said the importance of Nigeria accounts for the planned investment of at least €820 million in Nigeria’s digital transformation by the EU under its Global Gateway Initiative.
This comprises of the building the fiber optic cables and data centres needed to improve Nigerian’s access to high speech connectivity, European Investment Bank investing €100 million to expand secure 4G connectivity in Lagos and Ogun States and triple national data capacity.
She said the EU will support the digitalization of Nigeria’s administration to allow better and more accessible public services to citizens, European Investment Bank investing €250 million to strengthen Nigeria’s digital identity infrastructure with the highest data protection standards, among others
FG, EU, UNDP Launch Jubilee Fellows Fund to Address Youth Unemployment in Nigeria
National News
Shehu Dikko Endorses President Tinubu for Second Term
Shehu Dikko Endorses President Tinubu for Second Term
By Comrade Philip Ikodor
Abuja, Nigeria – The Chairman of the National Sports Commission (NSC), Shehu Dikko, has called on Nigerians to support President Bola Ahmed Tinubu’s bid for a second term in office come 2027. Dikko made this assertion at the Grand Endorsement event of President Tinubu’s re-election, organized by the National Progressive Hub (NPH), a prominent support group of the All Progressives Congress (APC), held at the Shehu Yaradua Center in Abuja.

Dikko, who hosted the event, highlighted the achievements of the Tinubu administration, including the establishment of the National Sports Commission, which has driven reforms and innovations in sports administration in Nigeria. He also commended the President’s industrial revolution drive, which has led to economic stability and development.
“President Bola Ahmed Tinubu is a great leader committed to positioning Nigeria as a leading nation. His bold economic policies and interventions have yielded positive results,” Dikko said. He also praised the President’s recent executive bill, which mandates key institutions to remit generated revenue directly to government coffers, calling it a significant step towards economic development.
The event also featured the formal inauguration of the 36 state coordinators and the FCT of the National Progressive Hub (NPH) and the unveiling of the Roadmap Framework for strategic grassroots engagement towards the APC’s victory in 2027.
The NPH, a leading APC support group, has thrown its weight behind President Tinubu’s re-election bid, citing his remarkable achievements and commitment to Nigeria’s development. The group is set to mobilize support for the President across the country, leveraging its extensive network and grassroots presence to ensure a landslide victory for the APC in 2027.
The NPH’s endorsement is seen as a significant boost to the President’s re-election campaign, and a testament to his growing popularity and influence among Nigerians.
Shehu Dikko Endorses President Tinubu for Second Term
National News
FG Moves To Democratise Credit Access, Inaugurates CREDICORP Board
FG Moves To Democratise Credit Access, Inaugurates CREDICORP Board
We’re targeting 50% of working population by 2030, says VP Shettima
By: Our Reporter
The Vice President, Senator Kashim Shettima, has inaugurated the Board of the Nigerian Consumer Credit Corporation (CREDICORP), saying access to consumer credit is critical to Nigeria’s ambition of becoming a one-trillion-dollar economy.

According to him, President Bola Ahmed Tinubu established the CREDICORP to build a trusted credit infrastructure, provide catalytic capital to lower borrowing costs, and help Nigerians overcome long-standing cultural resistance to credit.
Speaking on Thursday in Abuja when he inaugurated the Board on behalf of the President, the Vice President said that the quality of life of Nigerians cannot improve without closing the gap between access to capital and human dignity.

“A civil servant who earns honestly does not have to chase sudden wealth just to buy a vehicle, or save for ten years to buy one. A young professional should not remain in darkness simply because solar power must be paid for all at once,” the Vice President said.
VP Shettima disclosed that in just one year of operations, CREDICORP has disbursed over ₦37 billion in consumer credit to more than 200,000 Nigerians, with over half of them accessing formal credit for the first time.
The Vice President said the organisation is specifically tasked with building credit infrastructure to bridge the trust gap between lenders and borrowers, providing wholesale capital and credit guarantees through its portfolio company.

“Ultimately, these critical jobs of CREDICORP will enable access to consumer credit to at least 50 per cent of working Nigerians by 2030,” he said.
The Vice President explained that the new board’s role is not ceremonial as they are custodians of the organisation’s mission, adding that the long-term strength of the institution would depend on their “vigilance, integrity, sacrifice, and commitment.”
He directed Board members to uphold Public Service Rules, the Board Charter, and all applicable governance frameworks, warning that accountability and stewardship of public resources were non-negotiable.
Earlier, Chairman of CREDICORP, Otunba Aderemi Abdul, expressed appreciation to President Tinubu for his vision behind the formation of CREDICORP and for the confidence reposed in them, noting that the establishment of Corporation marked an important step towards strengthening the nation’s financial architecture.
He assured President Tinubu that the board understands its responsibility and will guide the institution to deliver meaningful benefits to Nigerians.

For his part, Engr. Uzoma Nwagba, Managing Director/CEO of CREDICORP, recalled watching President Tinubu saying 20 years ago that consumer credit is one of the major tools that will improve the lives of Nigerians.
He noted that over the past 18 months, the institution has benefited more than 200,000 Nigerians, including students.
He assured that the presidential vision behind CREDICORP would not be taken lightly, as the team considers their appointments a unique, once-in-a-lifetime opportunity.
Other members of the board inaugurated include Olanike Kolawole, Executive Director, Operations; Aisha Abdullahi, Executive Director, Credit and Portfolio Management; Dr. Armstrong Ume-Takang (MD, MoFI), Representative of MoFI; Engr. Bisoye Coke-Odusote (DG, NIMC), Representative of NIMC; and Mohammed Naziru Abbas, Representative of FMITI.
Others are Marvin Nadah, Representative of FCCPC; Chinonyelum Ndidi, Representative of the Federal Ministry of Finance; Mohammed Abbas Jega, Independent Director; and Toyin Adeniji, Independent Director.
FG Moves To Democratise Credit Access, Inaugurates CREDICORP Board
National News
NAPTIP, UK Government Rally Against Rising Trafficking into Southeast Asia Scam Centres
NAPTIP, UK Government Rally Against Rising Trafficking into Southeast Asia Scam Centres
By: Michael Mike
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP), in collaboration with the British High Commission Abuja, has amplified the voices of trafficking survivors in a bold move to confront the fast-growing crisis of cyber-enabled scam operations across Southeast Asia.
At a landmark survivor-centred forum held in Abuja on Monday, stakeholders gathered under the theme, “Confronting the Global Scam Centre Crisis: Perspectives of Nigerian Survivors,” to spotlight the emerging pattern of Nigerians being lured abroad with fake job offers and forced into criminal cyber-fraud networks.
The event featured testimonies from recently repatriated Nigerians who were trafficked to Myanmar, Laos, Cambodia and Thailand, where they were compelled to operate sophisticated online scam schemes under harsh, exploitative and often abusive conditions.
The programme followed a coordinated rescue effort involving NAPTIP, the Nigerian Ministry of Foreign Affairs, the Nigerian Embassy in Bangkok, the British NGO EDEN, and the International Organization for Migration (IOM). Their joint intervention — including cross-border triangulation at the Thai–Myanmar frontier and welfare visits to detained Nigerians at Bangkok’s Immigration Detention Centre — led to the safe return of 23 survivors earlier this month.
Global data underscore the severity of the crisis. According to the Office of the United Nations High Commissioner for Human Rights (OHCHR) 2026 report titled “A Wicked Problem,” credible estimates indicate that at least 120,000 individuals are currently trapped in forced scam operations inside Myanmar alone, with figures exceeding 300,000 across Southeast Asia. The report notes that victims identified originate from at least 66 countries, and that between 2020 and 2025, 74 percent of known victims trafficked into scam centres were taken to Southeast Asia after being promised lucrative employment.
Speaking at the event, the UK Deputy High Commissioner to Abuja, Gill Lever, said the forum was designed to centre survivors’ voices and ensure their experiences inform prevention and response strategies.
“We are here to listen to survivors who have shown remarkable bravery in sharing their experiences,” she said. “The UK is working closely with Nigerian authorities and partners to ensure trauma-informed care, safe repatriation and stronger safeguards against this rapidly evolving threat.”
Representing the Director-General of NAPTIP, Mrs. Kehinde Akomolafe, the agency’s Director of Public Enlightenment, described the accounts as a stark reminder of the cruelty underpinning modern trafficking networks.
“The courage these survivors have shown is extraordinary,” she said. “Their experiences expose the brutal reality of trafficking into scam centres — a crime that strips individuals of their dignity, autonomy and freedom. NAPTIP remains resolute in protecting Nigerians from this growing menace and strengthening collaboration with international partners.”
One survivor recounted being promised a legitimate job opportunity abroad, only to be trapped in a high-security compound and coerced into online fraud under constant surveillance and threats.
“I was promised opportunity and a better life,” the survivor said. “Instead, I lived in fear and was forced to do things against my will. I am speaking out so other Nigerians can recognise the warning signs. No one should go through what we endured.”
Stakeholders at the forum called for intensified public awareness campaigns, tighter scrutiny of overseas recruitment channels, enhanced intelligence-sharing among Commonwealth partners and stronger victim-protection frameworks.
As cyber-enabled trafficking networks expand across borders, Nigerian and UK authorities signalled that survivor-led advocacy will remain central to dismantling scam syndicates and preventing further exploitation.
NAPTIP, UK Government Rally Against Rising Trafficking into Southeast Asia Scam Centres
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