FG moves to tap into $350bn global outsourcing market
By Ukpono Ukpong
The Nigerian government has queued into the thriving global outsourcing market which has grossed almost $350 billion for seven top countries that engaged in it. The move is with a view to tapping into its huge job opportunities for the nation’s teeming youths.
Accordingly, Vice President Kashim Shettima will on Monday, March 4, 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.
It is designed to create jobs in the business process and technology-enabled outsourcing sector.
The initiative is part of efforts and determination to actualise the agenda of President Tinubu’s administration on job creation.
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Deputy Chief of Staff to the President (Office of the Vice President), Sen. Ibrahim Hadejia, who disclosed this yesterday at a press conference in Abuja, noted that OTNI, when successfully rolled out across the country, will be the fastest way to achieving job security for Nigeria’s teeming youths.
He said the Office of the Vice President is supporting the initiative because of the huge job opportunities in the thriving global outsourcing market, which grossed almost 350 billion dollars in 2023 for the seven top countries that engaged in it.
“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,” Senator 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.
On her part, the founder and Chief Executive Office of Outsource Global, Mrs Amal Hassan, who is also the promoter of the programme, said the launch of OTNI on March 4 simultaneously in Gombe, Abuja and Kaduna will mark a turning point in Nigeria’s business process and outsource sector.
She disclosed that based on the requirements of the domestic and international markets, the initiative will aggregate all the talents in a Work-nation platform and then provide capacity building based on the needs of the international market.
“It will further set up centres of excellence, engage in international global branding and communication aimed at showcasing the strengths.
