Nigeria’s NATEP signs MOU with Lab Four to create 50,000 jobs

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Nigeria’s NATEP signs MOU with Lab Four to create 50,000 jobs
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Industry Minister, Doris Uzoka-Anite, says the pact between NATEP is planned to ultimately yield one million jobs.

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“This initiative cements our commitment to diversifying the economy and forging a Nigeria known globally as a nation of creators,” she stated during the signing ceremony in Abuja.” We envision Nigeria as a pivotal global hub for service exports and talent sourcing,” she said.described NATEP as Nigeria’s “strategic answer to the burgeoning global talent sourcing market, valued at US$620.381 billion in 2020 and projected to grow to US$904.948 billion by 2027.

The signing ceremony also featured remarks from John Dohan, representing the Chargé d’Affaires ad interim for the U.S. Embassy, who lauded Nigeria’s human resource as the nation’s greatest export. The collaboration between NATEP and Lab Four is poised to catalyze the growth of micro, mini, and mega BPOs within Nigeria, contributing up to $1.2 billion annually to the Nigerian economy.The National Talent Export Programme , launched on September 22, 2023, at the 78th United Nations General Assembly, is a strategic initiative designed to leverage Nigeria’s vibrant human capital to create one million jobs and significantly boost the country’s foreign exchange earnings.

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