The Federal Government of Nigeria has approved a new National Policy on Employment Creation. The policy, endorsed by the Federal Executive Council (FEC) on Monday, aims to introduce modern strategies to reduce poverty, boost productivity, and create sustainable job opportunities for millions of Nigerians.
The announcement was made by the Minister of Labour and Employment, Muhammad Dingyadi, shortly after the FEC meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja. The minister described the policy as a major step forward in reshaping Nigeria’s labour landscape.
According to Dingyadi, the newly approved policy is a result of a comprehensive review of the previous framework, which he noted had become outdated due to evolving economic realities. He emphasized that the revised employment policy would better reflect the current labour market conditions and global best practices.
“This is a significant milestone for the Nigerian labour sector,” Dingyadi stated. “The Federal Executive Council has granted full approval for the implementation of this new national employment policy. Our aim is to engage relevant stakeholders and deploy effective strategies that will not only reduce unemployment but also unlock vast economic opportunities across various sectors.”
He further revealed that the policy aligns with President Tinubu’s Renewed Hope Agenda, which prioritizes economic growth, human capital development, and inclusive job creation.
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“As we prepare to attend the upcoming International Labour Organization (ILO) conference in Geneva in the coming weeks, we are proud to present a reviewed and robust national employment policy to the global community. It’s a testament to our commitment to uplifting Nigerians through meaningful employment,” Dingyadi added.
With Nigeria grappling with high youth unemployment and underemployment rates, the newly approved policy is expected to serve as a blueprint for job creation, skills development, and the expansion of entrepreneurial opportunities nationwide.
The Ministry of Labour and Employment is set to roll out the implementation framework in collaboration with state governments, private sector players, development partners, and civil society organizations to ensure the policy translates into real jobs for Nigerians.
This policy approval marks a critical turning point in Nigeria’s labour history and is projected to be a game-changer in addressing the unemployment crisis, especially among the youth population.