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Thursday, August 18, 2022

Industrial Training Fund to Assist in Lifting 100m Nigerians out of Poverty

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Isaac Aba’a, Jos

Director General, Industrial Training Fund (ITF) Mr Joseph Ari has said the Fund is working toward meeting the policy of President Muhammadu Buhari in taking 100 million Nigerians out of poverty.

Mr Ari, made the revelation public on Tuesday, at the media forum of the correspondent chapel, Nigeria Union of Journalist (NUJ) Plateau Council.

The ITF Director General, said the mandate of the Fund is to empower Nigerians for economic development.

“The plan, which projects the creation of 21 million jobs, with 35 million Nigerians lifted out of poverty, affordable housing for Nigerians and an export-led economy among others and is expected to cost N381 trillion to implement has six focal areas – economic growth and development, infrastructure, public administration, human capital development, social development and regional development.”

He maintained that the (ITF) is making efforts to meet up with the mandate establishing it “as the leading human capital development institution in Nigeria, we have commenced the process of repositioning our programmes and activities to effectively prepare the Nation’s workforce in line with our mandate of developing a pool of qualified Nigerians to man the public and private sectors of the national economy as we believe that for this plan to succeed, all Nigerians as individual citizens and as institutions must contribute their bit.”

He emphasized that “our objectives and allocation of resources to ensure our service offerings henceforth are tailored to driving the actualisation of the human capital element of the National Development plan and also prepare Nigerians to fully exploit the plentiful benefits of the fourth industrial revolution.”

On skill acquisition, the Director General ITF said skills acquisition could help tackle unemployment in the country.

“Beyond job losses, this new reality has come with a new world that is popularly referred to as the VUCA world that is Volatile, Uncertain, Complex and Ambiguous. Already, across the country today, we are contending with elements of the VUCA world to varying degrees.”

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