FG to Spend N2 Billion On Graduate Internship Scheme


As part of government efforts to fight unemployment among educated Nigerian youths, the Federal government is to spend a huge sum of N2 billion on the Graduate Internship Scheme (GIS) before December 31st.

The Project Director of the Scheme, Mr. Dennis Chukwu, disclosed this in Ado Ekiti, the Ekiti State capital during a Career Development and Entrepreneurship Skills Training for Interns recently.

Chukwu revealed that the scheme, being funded by the Federal Ministry of Finance, is currently training about 2,000 graduate interns across the country on skills and career development that would make them employers of labour, rather than job seekers.

He added that President Muhammadu Buhari's government decided to sustain the scheme initiated by the immediate past government owing to his desire to banish unemployment ravaging the potential of Nigerian graduates by exposing them to trainings and opportunities in every sector of the economy.
Chukwu said the scheme had excited 35,000 interns, with thousands of them securing jobs in the civil service and in the business sector and contributing immensely to the growth of the economy.

"Many secured credit facilities and grants through YouWin, and other sources to expand businesses they set up using GIS stipends and many have set up through cooperative associations, some of which have transformed into SMEs; and rather than seeking for jobs, they are now employers.

"In view of its prospect for skills building and job creation, the scheme has developed special programmes for non-oil sector. GIS has entered into special partnerships with governmental and non-governmental organisations to have graduates trained in ICT, agriculture, community health, construction, financial inclusion and the feedbacks of their performances with employers have been encouraging", he said.