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N40,000 Per/m Free Graduates Loans

The Lagos State Government says it has placed 4,000 unemployed graduates on N40,000 monthly salary for six months.⁣


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The Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke, made this known on Wednesday during the 2021 Ministerial Press Briefing in commemoration of the Second Year in the Office of Gov. Babajide Sanwo-Olu.⁣

Arobieke stated that this was carried out by the ministry’s Graduate Internship Placement Programme (GIPP), which was designed to combat the problem of unemployment among recent college graduates who are looking for work in the state of Lagos.

Interns will, according to her, be given the opportunity to excel and possibly learn a job with the organization through the initiative, as they will be exposed to professional skills and interpersonal relationships in a structured setting. This will allow them to possibly learn a job with the organization.

She stated that the program would provide graduates with the opportunity to have employability skills and exposure to the modern world of work, as well as give interns the opportunity to be exposed to possible opportunities in the field of entrepreneurship.

“The GIPP is meant to assist Micro, Small and Medium Enterprises (MSMEs) and other companies to choose from the state’s database of groomed talent/interns, to enhance productivity and boost their businesses, thereby promoting economic growth at no cost through the intervention of the state government. “The GIPP is meant to assist Micro, Small and Medium Enterprises (MSMEs) and other companies to choose from the state’s database of groomed talent/interns.

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“A total of 51,514 graduates submitted their applications for the internship online, over 1,932 companies indicated interest in onboarding the interns after they completed their training, and 4,736 applicants attempted the online Assessment Test.

“Around one thousand applicants who scored at least sixty percent were invited for the first tranche of the employability skills training, while four thousand interns are aimed to be placed on a monthly stipend of forty thousand naira for a period of six months.

According to Arobieke, “You will agree with me that the state government under Sanwo-Olu is leaving no stone unturned in mitigating the unemployment crisis.”

She stated that during the time period under consideration, the Employability Department of the Ministry of Labor and Social Security had organized youth-focused programs such as the “Mindset Re-Orientation Programme.”

According to Arobieke, the program’s objective was to reorient the mindset of jobless young people so that they could better deal with the realities of the modern labor market.

Her observations have led her to the conclusion that the number of young people without jobs who are looking for work, particularly white collar jobs, is greater than the number of positions that need to be filled.

“Therefore, there is a need for a reorientation of the mindset of those who are seeking employment to adopt the practice of acquiring vocational and technical skills in order to be self-employed.

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“The 2020 edition of this program had 2,163 unemployed youths that participated in the webinar with seasoned practitioners in various fields or areas of specializations as facilitators,” she said. “The webinar was facilitated by seasoned practitioners in various fields or areas of specialization.”

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