The Nigerian federal government has introduced the National Talent Export Programme (NATEP), a strategic initiative aimed at generating at least one million jobs within the next five years.
According to thecable.ng, Doris Uzoka-Anite, Minister of Trade and Investment, made this announcement during the 78th United Nations General Assembly (UNGA) meeting.
NATEP is aligned with President Bola Tinubu’s agenda to diversify Nigeria’s economy and provide opportunities for its youth population. It is envisioned as a special purpose vehicle that positions Nigeria as a leading global hub for service exports, talent sourcing, and talent export.
READ: News: Nigerian Customs Says Sesame, Ginger, Hibiscus Top N70.2bn Agric Export From Apapa
Minister Uzoka-Anite emphasized the program’s significance, stating, “NATEP is a key national initiative that will serve as a special purpose vehicle to position Nigeria as a leading global hub for service exports, talent sourcing, and talent export.”
As part of this ambitious strategy, NATEP aims to create one million jobs across Nigeria within the next five years. The initiative recognizes Nigeria’s potential to supply top talent for the global service export and outsourcing sector, given the annual influx of over 1.7 million graduates from higher education institutions into the workforce.
NATEP will function as a dedicated entity to address the unique needs and challenges faced by the talent and service export industry, with a focus on enhancing competitiveness, fostering innovation, and driving sustainable growth through trade and services.
In addition, Minister Uzoka-Anite mentioned that Nigeria will leverage the African Continental Free Trade Agreement (AfCFTA) to access the continental market, aligning the program’s objectives with broader economic goals:
1. Deliver one million service export jobs over the next five years.
2. Increase foreign exchange earnings and revenue for Nigeria.
3. Create economic growth and stimulate the growth of ancillary industries and support services.
4. Enhance skills and strengthen the Nigerian brand.
Bosun Tijani, Minister of Communications, Innovation, and Digital Economy, emphasized the importance of being “intentional” about exporting talent, ensuring that Nigeria benefits from the skills and expertise of its citizens who may migrate for work opportunities. He noted that talent export could bring value back to the country’s economy and development.
The NATEP initiative represents a proactive approach to harnessing Nigeria’s abundant talent resources and contributing to the nation’s economic growth and diversification efforts.