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Lessons Nigeria can examine from Microsoft’s Global Skills Initiative

Digital upskilling and reskilling will help individuals perform better in today’s on-demand jobs.

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A little whilst ago, Microsoft introduced the release of a worldwide capabilities initiative to assist 25 million humans global accumulate virtual capabilities through the quit of the year. To accomplish this goal, the tech large could be pulling sources from LinkedIn, GitHub and Microsoft with three regions in focus:

  1. Data in {identifying|figuring out} in-call for jobs and the capabilities had to fill them.
  2. Free {access|get entry to|get right of entry to|get admission to} to content material that facilitates humans increase the specified capabilities.
  3. Low-{cost|price|value|fee} certifications and loose process-searching for gear for those humans.

Microsoft {also|additionally} backs those efforts with $20 million in coins presents to assist nonprofit companies global help the individuals who want it maximum. $five million of if you want to be furnished in coins presents to community-primarily based totally nonprofit companies which can be led through and serve groups of shadeation withinside the United States.

Not {only|most effective|best|handiest|simplest} process seekers are set to gain from this initiative, personnel can even get the possibility to ability and reskill via their careers.

Microsoft {gets|receives} it proper and Nigeria can do the equal

Doing exactly the equal can be far-reaching however as a rustic and what many will do not forget the tech hub of Africa, we can also pull sources together to assist repair the economic system via education in virtual capabilities acquisition.

2020 is {one of the|one of the} maximum attempting years quite a few us have skilled and that is essentially because of the pandemic and its ensuing outcomes on the worldwide economic system. In Nigeria, jobs have taken pretty the hit and experts have located themselves having to discover opportunity methods to earn a living.

Truth is, Nigeria has {almost|nearly} usually had an unemployment hassle however the already widening hole among the employed, unemployed and underemployed is even extra evident at some point of this worldwide crisis. The center of the hassle falls at the lagging academic machine and absence of mastering opportunities.

As expected, {those|the ones} who’ve to bear the outcomes of the monetary recession are the minorities- people with insufficient education, disabled humans, women, green workers etc.

One of the maximum viable methods to absolutely get better is thru the improvement of recent capabilities in step with the roles to be had and the brand new ones being created on a daily. According to Nigeria’s Bureau of Statistics, the Nigerian unemployment fee has climbed to 27.1% (up from 23.1% in Q3 2018) and the underemployment fee has multiplied to 28.6%.

To {put in|installed} perspective, 21.7 million of a labour pressure of 80.2 million are unemployed, the maximum affected of this statistic are young Nigerians among ages 25 and 34 at 30.7%.

Should we take a seat down round anticipating the authorities to implement financial rules that pressure increase and create jobs or ought to we do something positive about it?

The Nigerian Educational System is {allocated|allotted} 20% much less than UNESCO’s benchmark for investment of training of the national budget, This Day reported. This is a prime issue withinside the problems that finally have an effect on the labour force. At this point, personal corporations can then step to the plate and make changes as withinside the end, a flourishing financial system method greater business for them.

The want for virtual transformation is critical, if not anything else, the pandemic has established that we want to reskill and upskill to boost up financial increase. Waiting round on policymakers truly will now no longer reduce it. We see that COVID-19 has introduced approximately jobs that rely heavily on virtual abilties; while society reopens we might also additionally discover that for a minute, a few workers resume in bodily work-spaces even as others keep working from domestic or remotely.

The digitization of the financial system is taking place and it has took place rapid proper earlier than our eyes. We are lucky to have the ability to mention we knew while all of it changed. Companies and all varieties of entities now no longer handiest in Nigeria have adjusted to these adjustments and without a doubt virtual transformation will contact nearly each a part of the worldwide workforce.

Reskilling and upskilling in Nigeria is possible

The {challenge|project|task|venture|undertaking|assignment|mission} in Nigeria is much less approximately if there aren’t anyt any efforts being positioned into education humans for jobs however more approximately the prevailing education reaching the folks who want it the most.

However, virtual upskilling and reskilling like Microsoft’s provide to a fortunate 25 million humans is what should generously close that gap. It will provide the threat to offer identical possibilities to those who require the abilties for today’s’ on-call for jobs. The upward thrust of the COVID-19 helped boost up this process and we are able to see many Nigerians evolving digitally in greater methods than one due to this.

NetPlusDotCom, a Lagos based fintech presenting tech answers to nearby companies started efforts in expediting the virtual transformation manner with a chain of tasks and merchandise. The agency organizes a loose month-to-month webinar that teaches commercial enterprise proprietors and people in distinct fields, the significance of obtaining virtual capabilities to be able to live applicable and productive. The agency has additionally added some merchandise like Church with the aid of using NetPlusPay that makes on line bills a great deal extra seamless for its person and Business Corner which gives companies and people the possibility to earn money on line with a customized area thru their network.

More internationally, TikTok {according|in accordance} to Culture Custodian has released its SkillsUP marketing campaign so as to force the area people with recommendations on beneficial virtual capabilities. The short-shape mobile video platform has prepared a chain of classes mainly designed to provide schooling to the brand new era to be able to increase profession development.

This Day {reported|said|stated|mentioned|pronounced|suggested} additionally that even the British Government thru its Prosperity Fund’s Digital Access Programmes has pledged to assist and sell inclusive and sustainable virtual get right of entry to to unserved and underserved groups in Nigeria. In collaboration with the Federal Ministry of Communications and Digital Economy and the Nigerian Communications Commission (NCC), the Digital Access Programme hosted the primary Nigeria Technical Conference at the Right of Way (ROW) to similarly mixture views from key stakeholders in the direction of the development of coverage and regulatory reforms on ROW and issuance of making plans allows for mast and towers.

Hopefully, the policymakers {grab|take hold of|clutch|grasp|seize|snatch} a maintain of this alternatively uncommon and extraordinarily important possibility to similarly assist the virtual transformation manner withinside the country, in view of the reality that connectivity nonetheless poses a full-size trouble in Nigeria.

Connectivity and broadband attain- this has to be the maximum setback withinside the transition to virtual. In the end, a million great schooling packages made to be had could be really well worth actually not anything if the distance created with the aid of using broadband and net attain isn’t breached.

Needless to say, even though a bit {slow|sluggish|gradual} withinside the race, there has and nonetheless is lots of attempt being installed with the aid of using Nigerians for Nigerians to facilitate upskilling and reskilling however the obstacles are apparently unsurmountable. However, we may be hopeful with tasks just like the NCC’s 70% Broadband Penetration Plan and ROW with the British Government amongst others.

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TECH NEWS

WhatsApp shares updated plans for its new privacy policy

WhatsApp has shared its updated plans and asking users to review and accept its updated terms and privacy policy.

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In an effort to maintain its users’ trust globally, WhatsApp has shared its updated plans and asking users to review and accept its updated terms and privacy policy.

The company noted that it will be sharing its values and updates to its users through the status feature available on WhatsApp.

In the coming weeks, Whatsapp plans to display a banner on their App that will provide users with information on its new privacy policies that they can read at their own pace. And they will subsequently remind users to review and accept these updates to keep using the platform.

Over 175 million people message a WhatsApp Business account every day and more will want to do this in the future.

WhatsApp charges businesses to provide customer service on WhatsApp – not people. So, this new update is about optional business features that are a part of the broader efforts to make communicating with a business secure, better, and easier for everyone.

The company is building a business that puts people in control – what people choose to send to a business is up to them, not to WhatsApp.

WhatsApp also reminded its users that they are committed to protecting users’ privacy and security, so personal messages will always have end-to-end encryption, so WhatsApp can’t read or listen to them.

In case you missed it

  • Earlier this year, WhatsApp announced that it will start sharing users’ personal information with Facebook.
  • The tech giants got a lot of backlash from people concerning this privacy update and they have worked round the clock to clear the misinformation.
  • Whatsapp’s new policy forced some users to seek Signal and Telegram as an alternative, as they consequently both experience a surge in downloads.
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Jumia plans to spin off logistics and payment unit in a bid to become profitable

Jumia Technologies is laying out longer-term plans to spin off divisions and enter new countries.

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Jumia Technologies announced a plan to spin off its logistic unit in Africa in a bid to boost revenues, which have been helped by the pandemic as e-commerce activities rose during the period.

This was disclosed by Co-Chief Executive Officer, Sacha Poignonnec, who said its time Jumia lays the foundation for future growth, in a Bloomberg report.

He added that the unit to be focused on is responsible for goods transport in 11 Africa countries it has operations in, including Nigeria and also the payments unit of the company, which enables Jumia to settle transactions.

The co-CEO said the company is exploring spinning off both units.

We created something that does not really exist in Africa, which is an end-to-end logistics partner on the continent. We have built it from the get-go so that one day we are in the position to carve it out if we want to.

Poignonnec added that Jumia in recent years has opened up its logistic units, enabling 3rd party suppliers in negotiating shipping and transport costs.

The focus is on reducing losses and controlling costs, and deciding where to allocate our resources. No one questions the relevance of e-commerce as a business — and the opportunity in Africa is massive. Seven years ago, people were questioning how we are even going to do this, now the only question remains on profitability.”

He also added that as Jumia exits operations in some African markets, it still sees opportunities in some, especially Ethiopia, as being African focused enables the company and shareholders to have an exposure to the entire continent, citing institutional investors like MTN and MasterCard working with Jumia across the continent.

Jumia’s stock price has increased by more than 500% in the past 12 months.

What you should know 

It was reported in August that Jumia recorded a loss after tax of N17 billion in the second quarter of 2020, despite the rampaging effect of COVID-19.

It was also reported last month that apart from the rebounding stock price, the company is recording positives in almost all performance indices in the year 2020.

In the Q3 financial results released on 10 November 2020, Jumia’s gross profit was €23.2 million ($27.3 million), a YoY increase of 22 percent.

Jumia’s gross profit after fulfilment expense reached €6.6 million, compared to a loss of €1.7 million in the third quarter of 2019, marking the first time that the Jumia Group scored a positive in its gross profit after fulfilment and advertising expenses.

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Sanwo-Olu launches Nigeria’s first electric car, to complete Lagos-Badagry expressway

Sanwo-Olu unveiled the first Nigerian electric car named Hyundai Kona.

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The Lagos State Governor, Babajide Sanwo-Olu on Friday, November 13, 2020, unveiled the first Nigerian electric car named Hyundai Kona.

The car, which is a product of Stallion Group, was launched at the VON Automobiles Nigeria in Ojo, Lagos State where the car was manufactured.

The new Kona, an Electric car is regarded in European motoring industry as the world’s number one, with the cost, put at about N24 million

While speaking during the unveiling of the product, Sanwo-Olu observed that VON has over 40 to 50 years of vehicle manufacturing history, when they were assembling various Volkswagen products.

The governor was full of commendation for Stallion Group for the noble initiative, just as he promised that Lagos State Government will make provisions for electricity charging points for the vehicle across the state, to make it easy for users to enjoy their Electric Vehicles (EV).

The Governor also promised the completion of the Lagos-Badagry Expressway, which was started under the administration of former governor of the state, Babatunde Fasola, in order to facilitate business activities in the state.

Sanwo-Olu said, “Lagos-Badagry Expressway which has been expanded from 2 to 10 lanes will soon be complete, we are not rushing the road; we are building a first-class road construction project.’

The Managing Director, VON Automobiles, Mr Rohtagi Manish, while explaining the essence of the launch, pointed out that Kona will change things positively in the Nigerian auto market.

According to Manish, the changes in global temperature and weather patterns are seen today are caused by human activity. Kona, he said, is one way to respond to the global weather challenges, so as to achieve a greener environment.

This appears to be a huge boost for the promoters of more environmentally friendly automobile and subsequently promote a green environment. This will also help to drive the Federal Government’s efforts to shift focus from petrol-based automobile to vehicles with a cheaper source of energy

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