States urged to invest in tech for employment

State governments have been advised to invest in technology to reduce the rate of unemployment in the country.

According to the National Bureau of Statistics in its Labour Force Survey released in February 2024, Nigeria’s unemployment rate surged to 5.0 per cent in the third quarter of 2023 from 4.2 per cent in the previous quarter.

Speaking at the 2024 Lagos Tech Summit tagged, ‘Breaking barriers of unemployment through tech’, organised by Learnwithpride firm in Ikeja on Saturday, the founder, Akin Oladeji, who decried the unemployment rate in the country, said state governments should commit more funds to training youth in tech skills.

He said such training would create opportunities for more youths to secure foreign remote jobs and help them to create jobs that would reduce poverty in the country.

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