Home » Five companies form Alliance to tackle youth unemployment in Nigeria

Five companies form Alliance to tackle youth unemployment in Nigeria

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Lagos, Nigeria – 11 August 2021 – As the world marks the 2021 International Youth Day, five companies
have joined forces under the Global Alliance for Youth to tackle youth unemployment in Nigeria.
The Global Alliance for Youth Nigeria is a business-driven movement of like-minded organizations
passionate about working together to help young people around the country get the necessary skills to
thrive in the world of work, today and tomorrow.

 

With 62% of the Nigerian population below age 25 years, Nigeria has one of the highest youth population
in the world. According to data from the National Bureau of Statistics, as of the second quarter of 2020,
over 13.9 million young Nigerians were unemployed. Millions are also underemployed or in uncertain
jobs.

 

High youth unemployment presents serious global social and economic challenges including increased
poverty and insecurity. The members of the Global Alliance for Youth Nigeria have positioned themselves
to invest in various joint and individual initiatives to give young Nigerians meaningful work experience,
internships, readiness-for-work training, and mentoring opportunities in line with the United Nations
Sustainable Development Goal 8 – to promote sustained, inclusive, and sustainable economic growth, full
and productive employment, and decent work for all by 2030.
The Alliance plans to reach more than 250,000 young Nigerians with employability and entrepreneurial
skills to enable them get gainful employment or set up businesses of their own within the next 3 years.

Members of the Alliance are Nestlé Nigeria, Jobberman Nigeria, Sterling One Foundation, Big Bottling
Company and the United Nations Global Compact.
In a statement at the Press Conference to launch the Alliance, Wassim Elhusseini, Managing Director and
Chief Executive Officer, Nestlé Nigeria PLC said, “We are excited to announce the Global Alliance for Youth
Nigeria today. If there was a time where an alliance for youth is needed, it is today. Yes, our youth are
confronted with multiple challenges, but the critical challenge is that of a lack of opportunities. Our youth
have great potential, and those who have been privileged to find the right opportunities have thrived in
remarkable ways. This is what this alliance seeks to do: create the opportunities for our youth to attain
their highest potential as productive and contributive members of society. For us at Nestlé, contributing
to a better future for younger generations is a core part of our purpose as an organization. We are
confident in the potential impact of the alliance to drive change at scale, leveraging the resources,
expertise and network of member companies”.
According to Norena Francis, HR Manager of The Big Bottling Company, “The youths are the future of the
world, but the future is now, it therefore means that the youths are the NOW of the world and as such,
deliberate actions to make the NOW happen to the benefit of all of mankind is vital. Hence, we join the
rest of the world in celebrating this year’s International Youth Day… Happy International Youth Day!”

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