‘Over Million Job Seekers Join Labour Market Yearly’
A representative of African Training and Management Services (ATMS), Sven Riskaer has disclosed that in Nigeria over six million job seekers join the labour market every year.
He revealed this in Lagos at a business transforming Africa conference tagged, ‘Skills for Economic Growth organised by the African Management Services Company (AMSCO).
In his speech he stressed that African enterprises play a crucial role in the growth of the African economy and job creation, pointing out that in Nigeria alone five to six million new job seekers join the labour market every year).
According to him, the capacity of African enterprises to fully engage at a global level is often compromised.
Riskaer stressed that since inception in 1996, the ATMS Foundation has managed over US$ 60million in training and management funds for qualifying AMSCO clients in sub-Saharan Africa.
He affirmed that over the years the agency observed that there is a skills gap that continues to stifle business growth in the African continent.
“African governments have mostly maintained prudent macro-economic policies, strengthened financial institutions and continue to undertake reforms to transform their economies structurally.
“However, such efforts are often limited as far as human capital development for small, medium and large enterprises is concerned,”he said.
Dwelling on the achievement of the company, he said ATMS-AMSCO has trained over 2000 people annually. We support an average of 85,000 jobs in client companies annually.
“Last year, more than 85 million dollars was been paid in taxes to African governments by the companies we support. This is an average of US$927 000 per client company”, he said.
At the conference, The medical director-First Cardiology consultants, Dr. Adeyemi Johnson appealed to Federal government to create an enabling environment to encourage the diaspora especially young Nigerians to return to Nigeria.
He said Nigerians in diaspora are worried about insecurity, poor power supply and state of education
Johnson said there is spiritual problem confronting the power sector in Nigeria which made it impossible for the current minister of power, Mr. Babatunde Fashola to combat.
