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Federal Government Targets Economic Growth With ‘Nigeria Talent Accelerator’ Initiative

Olamide Ojuokaiye by Olamide Ojuokaiye
7 months ago
in News
Federal Government Targets Economic Growth With Nigeria Talent Accelerator Initiative
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The Federal Government has launched the ‘Nigeria Talent Accelerator Network’, a game-changing initiative aimed at strengthening the nation’s workforce capabilities, addressing critical productivity gaps, accelerating digital transformation, and preparing Nigeria’s workforce for the future of work.

The initiative is part of the World Economic Forum’s Reskilling Revolution in Nigeria, co-chaired by the Federal Ministry of Industry, Trade and Investment and the Federal Ministry of Education, and coordinated by the National Talent Export Programme (NATEP), marking Nigeria’s entry into the Global Accelerators Network. The platform aims to mobilise multi-stakeholder partnerships to work collectively and reshape global talent development, empowering local talent to meet emerging economic realities.

Speaking at the launch in Lagos, Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, described the launch as “a decisive step towards building a globally competitive workforce that can power Nigeria’s next phase of industrialisation and innovation.

“The Nigeria Talent Accelerator Network represents a turning point in connecting policy, industry, and education. It creates a unified platform for driving employability, productivity, and inclusive economic growth.”

Similarly, the Minister of Education, Dr Maruf Alausa, speaking during the launch, reaffirmed the Ministry’s dedication to aligning education and vocational training with labour market needs, ensuring that Nigerian youth were equipped with future-ready skills and are competitive globally.

The Accelerator will serve as a platform for collaboration among government agencies, private sector leaders, academic institutions, and civil society. Together, these stakeholders will co-create scalable solutions to reskill and upskill the Nigerian workforce, while aligning national education and employment policies with the demands of the modern economy.

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Commenting, National Coordinator of NATEP, Teju Abisoye, said, “Through this collaboration, Nigeria is not only preparing for the future of work but also helping to define it. We are developing a coordinated Action Plan to address the talent gaps and leverage the huge opportunities for talent export.”

Meanwhile, the initiative will prioritise the development of digital and transferable skills to support emerging sectors such as technology, business process outsourcing, and green industries. It will also focus on mobilising public-private partnerships to fund and scale reskilling programs, enabling workforce redeployment into high-demand roles, and building data-driven systems to anticipate future skills needs and inform responsive policymaking.

On her part, World Economic Forum Managing Director, Saadia Zahidi, welcomed the launch, noting that, “The World Economic Forum is pleased to collaborate with Nigeria on advancing its skills development and workforce readiness. This initiative reflects our shared commitment to equip individuals with the capabilities needed to thrive in a rapidly changing global economy.

“By investing in human capital, Nigeria is positioning itself not only to meet domestic workforce needs but also to contribute talent and innovation to the global economy.”

Additionally, Nigeria’s participation in this global initiative underscores its commitment to strengthening human capital development, promoting digital inclusion, and positioning the nation as a competitive talent hub for Africa and the world.

The Accelerator complements ongoing national reforms aimed at diversifying the economy, deepening innovation capacity, and driving broad-based prosperity.

The Reskilling Revolution is a World Economic Forum initiative aimed at providing better education, skills, and economic opportunities to one billion people by 2030.

Consequently, it brings together global businesses, governments, and learning institutions to drive national transformation through programs such as Skills and Education Accelerators and the Reskilling Revolution Champions and Commitments.

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