The Federal Government (FG) has ordered that a portal be launched to document citizens who are unemployed in response to criticism of Nigeria’s employment shortfall.
The decision was made on Wednesday, June 22, during the Federal Executive Council (FEC) meeting.
President Muhammadu Buhari presided over the meeting just before he left for Rwanda to attend the 2022 CHOGM.
Additionally, Nigerians abroad would be considered by the recruitment portal.
Chris Ngige, the FG Minister of Labor and Employment, added that the Nigeria Social Insurance Trust Fund’s operations will be digitalized after council approval.
According to him, “The ministry presented two memos to council today. The first memo was presented on behalf of our FG parastatal, the Nigeria Social Insurance Trust Fund (NSITF).
“As you’re aware, a lot has happened in the NSITF in terms of revenue losses and pillage of funds that have been given to that organisation.
“The NSITF implements the Employee Compensation Act ECA 2010 and by that Act, employers in both public and private sectors are supposed to pay one percent of the emoluments of their staff into a social fund in NSITF.
“And this one is to be used as a premium or insurance fund to cater for workers; or staff members who have accidents, injuries; disabilities and even deaths that occur in the cause of their work.
“Today, NSITF can pay all their salaries, they can boast of even doing capital projects.
“…This digitisation of funds operation is part of the capital project that they are doing….Like I said earlier, the accountability that is there will make for non-leakages of funds.
“We also know that previously, they have been complaints of claims not being paid; but with e-NSITF it will track claims and allow people to know who and who benefits from those claims.”
He disclosed that council approved a portal called Nigerian Labour Exchange (NILEX); noting that this will be domiciled in his ministry for employment and job creation.
Ngige said, “The second approval has to do with employment and job creation. It is a portal called Nigerian Labour Exchange (NILEX), housed in my ministry.”
He explained that the platform had not been developed over time; adding that it could not take stress of the number of people wanting to go into it; while stressing that the digital platform was supposed to be used by employers on one hand and job seekers on the other.