In his nationwide address marking Nigeria’s 64th Independence Day, President Bola Tinubu unveiled a significant initiative aimed at combating unemployment and underemployment across the country. The Renewed Hope Labour Employment and Empowerment Programme (LEEP), set to launch in October, will focus on generating 2.5 million jobs annually. This comprehensive programme, overseen by the Federal Ministry of Labour and Employment, seeks to create jobs both directly and indirectly while prioritizing the welfare and safety of Nigerian workers.
In addition to the LEEP initiative, President Tinubu highlighted several other youth-focused programmes. These include a student loan scheme designed to offer affordable financial assistance for tertiary education, and the 3 Million Technical Talents (3MTT) programme under the Ministry of Communications, which aims to strengthen the country’s technical talent pool. The President also announced plans for a 30-day National Youth Conference, with the structure and schedule to be confirmed following further consultations.