20,000 Graduates Will Get Paid Internships For Twelve Months – Osinbajo

The Federal Government has said no fewer than 20,000 graduates will get paid internships for a year after participating in the compulsory National Youth Service Corps (NYSC) programme.
Vice President Yemi Osinbajo confirmed this on Monday at the commissioning of the Toyota Service and Research Facility in Lagos.

He said that President Muhammadu Buhari administration is ready to deepen business reforms and partner with firms to ensure wholesome national development.

He restated government’s commitment to partner with companies because private sector players “are better equipped and resourced to lead the development of the economy”.

Osinbajo stressed that the All Progressive Congress administration remains committed to the reforms being driven by the Presidential Enabling Business Environment Council (PEBEC).

Osinbajo showered praises on his principal for approvals and executive orders for the provision of infrastructure, power, roads, rail, and broadband connectivity across the states.

The VP said the National Development Plan (NDP) 2021-2025 is a government-private sector partnership with an investment commitment of N348trillion.

“The private sector is expected to invest N298trillion or about 86% of the projected investments. This simply means that government must create the most conducive environment for private enterprise in Nigeria.”

Osinbajo also highlighted other government interventions such as the Investing in Digital and Creative Enterprises programme(i-Dice), an over $600million facility by the AfDB, and the Nigeria Jubilee Fellows Programme (NJFP).

The i-Dice programme will support young tech and creative sector entrepreneurs through the provision of finance, skills development and infrastructure.

“Under the NJFP, 20,000 graduates, after their youth service, will be given fully-paid internships that will last for 12 months in reputable private and public sector organizations across the country”, Osinbajo said.