Lagos Partners Jobberman to Explore Jobs from AfCFTA – Business Post Nigeria

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By Sodeinde Temidayo David
The Lagos State Government has partnered with the single largest job placement website in sub-Saharan Africa, Jobberman, to create 14 million jobs under the African Continental Free Trade Area (AfCFTA) deal.
This was disclosed by the state Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke, in an interview after the kick-off of a programme to train and upskill youths in job-ready skills.
She expressed that one of the goals of the state government is to enhance youths ‘competitiveness through job opportunities.
She also echoed that the government is ensuring that jobs are created for the youth who are its biggest resources.
According to her, AFCFTA would create huge job opportunities for the youth. She hinted that the government was embarking on a talent hunt to empower youths.
“The partnership was to provide free soft skills training for youths. The training focused on equipping graduates with employability skills, how to be more marketable, get jobs and keep those jobs on their hands,” she stated.
The Permanent Secretary, Ministry of Wealth Creation and Employment, Mrs Kafayat Ajenifuja, on her part, stated that the forum offered the chance for the participants to develop their professional skills and increase their employability.
As well, the Senior Youth Engagement Associate of Jobberman, Mr Prince Ihemegbulam, noted that the partnership aligns with the Jobberman and Mastercard foundations efforts to train five million young Nigerians and place three million in dignified work over the next five years.
He further explained that the partnership aligns with Jobberman’s mission to upskill and connect young people to their dream jobs and help employers get the best talent to help grow their businesses.
Jobberman is set to provide free soft skills training for Nigerians and had recently impacted, trained, and certified over 5,600 youths in Kano.
As part of its campaign, Jobberman commenced the second phase of its new tech-based campaign, #FindYourDigitalSuperpower’, aimed at positioning the youths for relevance in the forthcoming digital revolution.
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By Modupe Gbadeyanka
An early morning rainfall on Monday sank a storey building in the Maryland area of Lagos, with nine occupants rescued by officials of the National Emergency Management Agency (NEMA).
In a statement, the organisation said the occupants of the building were rescued after receiving a distress call from the area.
According to NEMA, the owner of the property, a male, when he sensed danger, quickly moved out of the building with the help of a ladder.
“The landlord of the building had used a ladder to escape but NEMA questioned him for failure to contact emergency responders instead of one of the trapped victim’s office contacting the agency,” the Lagos Territorial Coordinator of NEMA, Mr Ibrahim Farinloye, stated.
“The landlord just returned to the scene and he has been handed over to the Police for leaving the vulnerable ladies. About 35 buildings on Akinwumi Estate, 31 buildings on Arowojobe Estate, and Ebun Otti Estate are seriously impacted,” he added.
Mr Farinloye confirmed that “All nine trapped ladies” in the storey building located at 47 Akinwunmi Street, Akinwunmi North, Estate Mende, Maryland, Ikeja “have been successfully rescued.”
On Monday, Lagos witnessed torrential rainfall which lasted for about four hours, leaving most parts of the metropolis flooded.
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By Adedapo Adesanya
Analysis of Nigeria’s total merchandise trade shows that the country recorded an improved trade balance between April and June 2022.
A nation has a trade surplus if its exports are greater than its imports; and in Nigeria’s case, the imports are mainly higher than exports, meaning that the nation has a trade deficit.
However, the country’s total merchandise trade dropped by 1.2 per cent to N12.8 trillion in the second quarter of 2022 from N13.0 trillion in the first quarter of the year, according to the National Bureau of Statistics(NBS) Foreign Trade in Goods Statistics Report for Q2 2022.
The report, released in Abuja last Thursday, however, showed it was higher than the value recorded in the corresponding period of 2021 which stood at N9.7 trillion.
Business Post understands that Nigeria’s merchandise trade slightly fell in the period under review due to a decline in import trade resulting in an improved trade balance.
The NBS said the total export trade was N7.4 trillion in Q2 2022, showing a rise of 4.31 per cent when compared to Q1 2022 which stood at N7.1 trillion.
The total exports trade for Q2 2022 also increased by 47.6 per cent of the value recorded in the second quarter of 2021 at N5.0 trillion.”
On the other hand, total imports stood at N5.4 trillion in Q2 2022, indicating a decrease of 7.9 per cent over the value recorded in Q1 2022, at N5.9 trillion.
However, the value increased by 15.8 per cent when compared to the value recorded in the corresponding quarter of 2021 at N4.7 trillion.
The report said that Re-Exports stood at N9.63 billion in Q2 2022.
The value decreased when compared to the same quarter of 2021 at N64.39 billion and also Q1 2022 at N115.80 billion by 85.1 per cent and 91.7 per cent, respectively, it noted.
The report said the value of exports trade in Q2 2022 was dominated by crude oil exports valued at N5.9 trillion which accounted for 79.8 per cent of total exports.
While non-crude oil exports value stood at N1.5 trillion or 20.2 per cent of total exports of which non-oil products contributed N675.08 billion representing 9.1 per cent of total exports.”
The report said in the quarter under review, the top five re-export destinations included Cote d’Ivoire, Democratic Republic of Congo, Ghana, Cameroon, and Turkey.
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The greatest way of expressing love and gratitude is through gifting. Since the history of mankind, the act of gifting is an integral part of every society in the world.
In traditional society, people send tangible items as gifts but the transition into a digital society has revealed gift cards to be the currency of the act of gifting.
Some time ago before gift card adoption evolved to a substantial extent like it is today, it was considered nothing more than a worthless and inefficient plastic card.
Today in Nigeria, gift cards have become the perfect gift choice for gift givers and recipients as well because of their convenience, portability and value. The transition to a more digital society has also reshaped people’s shopping behaviour, stirring a massive adaptation to online shopping, hence, giving more credence and value to gift cards.
With the use of gift cards, gift givers need not worry about the type of gifts to buy. They just simply purchase the gift cards from stores and send them to the recipient, who will redeem them for any type of gifts suitable to them or find means of how to sell gift cards.
Gift cards serve as a surprise gift for a retiree, employee, friend, lover and many more and it is very important to choose gift cards with the highest resale value when gifting them. This will enable them to profit from the high gift card rates if they don’t want to buy gifts from the store and decide to sell them.
Some recipients can even sell gift cards for cash if they don’t need the gift item.
With the massive acceptance of gift cards over the years, gift card trading will continue to grow with the economy as it gives a more personalized, digital and convenient gifting experience.
The innovation of the first gift card in 1994 and other brands which later joined the gift card market in the early 2000s, was ensued by some bottlenecks which projected the invention as inefficient.
Apart from the major problem of gift card fraud which took a toll on the industry due to the feeble nature of the market, many customers did not utilise the gift cards they purchased.
Many people challenged the efficiency of gift cards when the New York Times in 2007 asserted that about $8 billion out of the $80 billion spent on gift cards in 2006 was not redeemed. In fact, due to the rate of unredeemed gift cards, some economists asserted that gift cards were poor gifts which were merely gifts bought for the issuing companies who earn “breakage” (unclaimed gift cards reclaimed by the issuing company) from them.
However, in recent times, due to the technological and e-commerce revolutions, the archaic perspective about gift cards had become history and gift cards have become the most desirable gifting experience.
When we consider the constant e-commerce and digital revolutions we live, one may understand that people are open to giving and receiving gift cards for many reasons like;
Even though there are some restrictions on the closed-loop gift cards which would force users to only spend the gift card on that same brand, 78.7% of people still use gift cards from strange brands and about 87.7% tend to become customers afterwards. However, an open-loop gift can be redeemed at any store that accepts debit and credit cards. This type of gift card is not restrictive to brand stores, hence, the versatility of gift cards makes it a perfect gift choice.
Unlike the old popular belief that gift cards gifting is not properly planned which makes it a poor gift, a gift card report by Incomm stated that 86% of gift cards purchased in the  US are planned and 55.8% of recipients received the gift cards for their brand of choice.
In the early days of gift card usage, one of the problems was the big fraction of unredeemed gift cards. However, according to Bankrate, the number of unused gift cards reduced by 25% annually.
Individuals tend to buy more gift cards for themselves than they did in the past ten years. According to research by Black Hawk Network, 33% of the gift cards purchased in 2019 were for the owners.
Some of the reasons individuals purchase personal gift cards are;
The gift economy is still a fast-growing one which has been predicted to reach about $440 billion by 2027. With the desire for convenience, value and safety in gifting and transactions, gift cards are the ideal gifting strategy and also, a very good way to make in-store and online transactions with ease.
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