FG to tap into $350b global outsourcing market

Vice President Kashim Shettima PHOTO: Twitter

• Shettima launches initiative in Gombe 

Federal Government has tapped into the thriving global outsourcing market, which has grossed almost $350 billion for seven top countries that engage in it, with a view to tapping into its huge job opportunities for the nation’s teeming youths. 

  
To this end, Vice President Kashim Shettima will, on Monday, in Gombe State, launch the Outsource to Nigeria Initiative (OTNI), a private sector-led, government-enabled programme, anchored by the Office of the Vice President. 
  
Specifically, it is designed to create jobs in the business process and technology-enabled outsourcing sector.  The initiative is part of efforts to actualise the agenda of the President Bola Tinubu’s administration on job creation. 
  
Deputy Chief of Staff to the President, Senator Ibrahim Hadejia, who disclosed this at a press conference in Abuja, yesterday, noted that OTNI, when successfully rolled out across the country, would be the fastest way to achieving job security for Nigeria’s teeming youths.  
  
He said the Office of the Vice President was supporting the initiative because of the huge job opportunities in the thriving global outsourcing market, which grossed almost $350 billion in 2023 for the seven top countries that engaged in it. 
  
Hadejia noted: “The jobs created in this sector are well-paying jobs, the market is growing rapidly, it is projected to grow to over half a trillion dollars by 2030. If we can get a big chunk of this market, it will not only be the alternative to oil, but probably the biggest employer of young people in the country. This is why it has the full backing of the Office of the Vice President. 
  
“When you look at what global outsourcing partners are looking for, we are probably in a better position than even most of the countries engaged in it today. We are an English-speaking country, we now have better IT infrastructure than we had 10 years ago when the boom started. And we have the skill sets, we have the human resources – vibrant and young people to actively participate in this sector,” Hadejia explained. 

The Deputy Chief of Staff urged other state governors to emulate Gombe and leverage the opportunity created by the OTNI launch to provide good jobs for youths in their respective states. 
 
 The founder and Chief Executive Office of Outsource Global, Mrs Amal Hassan, the promoter of the programme, said the launch of OTNI on March 4 simultaneously in Gombe, Abuja and Kaduna would mark a turning point in Nigeria’s business process and outsource sector. 

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