Context
Nigeria is affected by extreme poverty. In 2022, the rate of poverty was 63 per cent. The country has more than 200 million inhabitants and one of the youngest populations in the world. In addition, the population is expected to double by 2050. Around half of those able to work are underemployed or unemployed. Young people in particular are worst affected.
There is a lack of trained specialists and workers. At the same time, educational institutions are inadequately equipped and vocational training does not meet the needs of the labour market due to its poor quality. Initiatives to promote the vocational training system lack a standardised strategy.
Due to a lack of options, many people migrate from rural areas to economically flourishing cities or abroad.