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We Welcome FPG Technologies & Solutions LTD To Tekedia Mini-MBA

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In the domain of EdTech, Tekedia Mini-MBA is emerging. From banks to oil companies to the public sector, we are onboarding clients daily. But today’s one was unique: it came from an amazing Lagos company. That company is  FPG Technologies & Solutions LTD (FPG)  founded by my undergraduate classmate, Rex Mafiana. 

“Ekekwe, how far with this circuit?” Rex would ask those days in Federal University of Technology, Owerri (FUTO). You would talk, then, he would explain how he sees it. A solid intellectual conversation would follow and everyone would converge. A brilliant student and a leader in tech today. 

Before FPG, Rex was the West Africa District Manager of NetApp Inc., a Fortune 500 company. He built NetApp to its enviable position in West Africa. Before NetApp, Rex was the West African Sales Manager for IBM.

At Tekedia Institute, we welcome the FPG team to Tekedia Mini-MBA. FPG will find more markets and territories. And to the community, find how my classmate’s company can serve your market needs.

Enugu State Government Introduces Digital Skill Acquisition to Tame Unemployment

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Against the backdrop of deficiency in human capital development in state governments in Nigeria, the Enugu State Government is setting the pace.

The state government, under the leadership of Governor Ifeanyi Ugwuanyi, has set up a youth empowerment program to bridge the youth unemployment gap in the state. The technology-based scheme is designed to help youths in the state acquire digital skills that will prepare them for employment.

The scheme, tagged e-YES, is the initiative of Enugu SME Center, under the Enugu Human Capital Development Loan Program.

Ugwuanyi said it is part of his projects aimed at human development and ease of doing business. He said: “Our commitment in developing human capital and ensuring that businesses thrive is reflected in our World Bank ease of Doing Business ranking, which moved from 27th to 3rd.”

The scheme is designed to empower youths in digital skills that will make them employable in fields such as: digital marketing, SMS marketing, advertising, Search Engine Optimization (SEO), internet promotion and data analytics. There are also email marketing, content marketing and mobile advertising.

However, the cost of the training is given as loans to the beneficiaries who are expected to pay back when they secure a job based on their acquired skills.

The state government is partnering with the private sector to execute the program, offering beneficiaries jobs upon completion of the training to enable them pay back their loans. Enugu SME Center said the scheme is designed that way to enable the participants to give back to the Enugu State government.

“Upon completion of the training, participants will be placed into jobs, and within agreed number of months are obligated to pay back the cost of the training through their respective salaries. This way, they cannot only contribute to the economic development of Enugu State and Nigeria at large, but funds can be recycled to train other youths,” the SME center said.

Technology has been touted to replace the oil economy in Nigeria, but many states are yet to tap into it, especially through digital-based youth empowerment schemes that will uncover talents and help them develop economically profitable ideas in the technology sector.

Arinze Chilo Offiah, the Special Adviser, SME Development Head, Enugu SME Center said the program will equip the youths to thrive in the digital age and contribute to the growth of the state’s economy. He added that the skills they will acquire will help improve them personally, fulfilling the human development goal of the scheme.

“Human capital development is important in improving and enhancing the quality of life the people as well as the private sector ecosystem,” he said. Adding that, “technology will continue to drive change in the work place, and for one to be a game-changer, one must be able to use technology to solve everyday problems. With this initiative, the Enugu SME Center is giving the youth an edge, starting now.”

However, the success of the initiative lies partly on the effectiveness of the training. Aware of this, the Enugu State Government is partnering with reputable tech companies to deliver impactful lessons. Some of them are affiliated to the Digital Marketing Institute of Ireland, which is globally recognized for training people in profitable digital skills.

Nigerian tech companies such Utiva and Wild Fusion Digital Center are part of the trainers. The CEO of Wild Fusion, Abasiama Idaresit said the firm has a reputation to protect, given their past record in delivering excellence in training, adding that it has international certification and validation to deliver quality digital marketing training and job placement for enrollees.

“We have trained over 4,000 students since 2014, who are gainfully employed and delivering value to their employers. Participants will be provided jobs in the private sector and also to provide service for MSMEs, startups and other such businesses across Nigeria and the globe. Being that we live in a digital age, it is easy for someone to provide service for a company irrespective of geographical location and earn foreign exchange while still residing in Enugu State. This initiative will leverage this as well,” he said.

Utiva said the training, of which the first phase is expected to take up to 800 registrants, will last for the next four to five months. They will be trained on programming and product design.

The digital and business skills development firm said the enrollees will be trained to fill the missing talent gaps in the tech sector of Enugu State’s economy. It said the project will “help firms and organizations find tech talents they need from Enugu State.”

Enugu State has continued its push to add more numbers from its employment record of 2018, when its unemployment rate fell by 1.82%. Ugwuanyi has been investing in human capital development projects to alleviate the troubling rate of unemployment in the State.

Using the Enugu SME Center as a frontier, the state government has pioneered different programs aimed at job creation. There are: Enugu Fenix Power Champions, Enugu Wifi Project, Auto-revamp Training Program (AITP), Enugu SME Hackathon and Enugu Job Portal Development & Employment Training Program. The Enugu State Government is targeting 20,000 jobs in 2020 through these initiatives.

Jobberman Innovates – Offers Analytics for Firms To Reduce Recruitment Error and Improve Productivity

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Every company has a challenge: how do you combine and recombine factors of production to fix market frictions, and drive organizational productivity with the best team? Yes, you hire, and you hope to have the best people. Jobberman, the category-king digital recruiter and pioneer digital talent company in Africa, has a solution: bring the power of data and software to help companies. 

The firm has introduced competency-based tests add-on to its platform to enable employers test job applicants for core skills and competencies in line with job needs during the recruitment process. This is making hiring a science. They want you to reduce recruitment errors and tackle problems associated with performance after a job applicant has been hired following the show of a great resume. Jobberman, with this new solution, wants employers to gauge the abilities and skills of job applicants. 

Jobberman Skills Assessments is innovation in the recruitment domain within its 2 million people database. Explore the catalogue.

The press release

Leading talent recruitment agency Jobberman has introduced competency-based tests add-on to its platform to enable employers test job applicants for core skills and competencies in line with job needs during the recruitment process.

The solution tagged ‘Jobberman Skills Assessments’ is borne out of a desire to reduce recruitment errors and to tackle problems associated with performance after a job applicant has been hired following the show of a great resume.

According to research by Jobberman, 36% of all hires end up being wrong hires and HR managers have revealed over time that they are faced with the “Lion on CV, cat on the Job” scenario. Jobberman, with this new solution, wants employers to gauge the abilities and skills of job applicants. The tests are curated by experts for numerous job functions and are designed to assess whether individuals have the skills necessary to perform various and essential aspects of a job beyond what is present on their CV.

Jobberman CEO, Hilda Kragha said in a statement, “Hiring the wrong candidate can be a frustrating experience for an employer and we will continue to seek ways to make recruitment productive and excellent. With the Jobberman Skills Assessment, we want employers to be satisfied with the recruitment process and ensure candidates can perform greatly on the job and  do what they said they can do on their resume.”

Employers who use the skills assessments product will also be able to test job applicants’ skills based on their experience level required for the job listing.

In addition to this, employers will get access to over 2 million candidates in the Jobberman candidate database, of which over 20,000 have been trained in relevant soft skills needed in the workplace..

Get the right fit for that vacancy, request for a demo to explore the Jobberman Skills Assessments product today.

Join Tekedia Live on Ecommerce by CEO of Foodlocker – Tuesday, 7pm Lagos

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Olufemi S. Aiki, a Tekedia Institute Faculty and CEO of Foodlocker, a food-focused ecommerce pioneer in Nigeria, will anchor our Tekedia Live today (Tuesday). It will run 7pm-8pm Lagos time. 

For members, go to the Week 5 board for Zoom link https://www.tekedia.com/dboard2/ . For non-members, join us here via YouTube Live https://www.tekedia.com/live/.

On Wednesday, our Organizational Change Management Faculty, Omowunmi Adenuga-Taiwo, will lead Tekedia Live at 11am Lagos. We will activate the link once Tuesday’s Live completes.

Registration for Tekedia Mini-MBA edition 3 continues on click.

https://www.tekedia.com/mini-mba-3/

Nigeria Unveils A N15 trillion Infrastructure Development Company

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If you have been reading me, you might have noticed that I do not typically criticize former military junta, Ibrahim Babangida (IBB), on infrastructure development. Of course, he had his demons, but when it comes to infrastructure, IBB was light years ahead of his peers. 

He built Abuja. He built the 3rd Mainland Bridge. Some of those great structures in Abuja happened under his watch. Then, the new generation banks took off under his time. The first wave of tech happened under him. Of course, IBB’s demons were so much that despite those sparks, it may be hard to forgive him for running down Nigerian Railways, SAPing Nigeria with his Structural Adjustment Program, and unleashing the biggest – making corruption a way of life in the public sector!

But if you can keep those away, we can learn many things from IBB. Today, we are learning that the Federal Government has approved a quasi banking institution for infrastructure development in Nigeria. Yes, Nigeria will float an Infrastructure Development Company which will leverage local and international funds to rebuild Nigerian critical infrastructure. About N15 trillion is projected over 5 years for the kickstarting of the Company.

The Central Bank of Nigeria (CBN) is to establish an Infrastructure Development Company, its governor, Godwin Emefiele, disclosed on Monday in Abuja.

Mr Emefiele, who spoke during the online media briefing at the end of the 274th meeting of the Monetary Policy Committee MPC) said the company would leverage on local and international funds to rebuild critical infrastructure across the country.

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Mr Emefiele said the Federal Government has already given approval for the establishment of the special purpose company, which would be wholly focused on Nigeria and Nigerians alone.

The company, he said, would be co-owned by the CBN, the Africa Finance Corporation (AFC) and the Nigeria Sovereign Investment Authority (NSIA).

However, the management of the company would be exclusively run by an Independent Infrastructure Fund Manager (IIFM).

The fund manager would mobilise local and foreign capital to support the Federal Government in building the transport infrastructure required to move agriculture and other products to processors, raw materials to factories, and finished goods to markets.

The CBN governor said about N15 trillion is projected over 5 years for the initial running of the company, adding that the MPC expressed satisfaction with the work on the updates and timelines for the establishment of the company.

That brings me back to IBB: how was he able to get those done even when oil revenue was low compared to what we have earned since 1999? Do the math: he did not fund an expensive democracy, from the national budget. Nigeria does not need Bank of Industry, Bank of Agriculture, IDC, etc to develop. Those are simply multiplying bureaucracy. What we need is to cut the size of government and that includes our democratic framework and public sector. If we do just that, we will have more money to invest in our infrastructure.