FG targets 2,000 new jobs with new outsourcing initiative⁣


 The Outsource to Nigeria Initiative (OTNI), a private sector-led, government-enabled program anchored by the Office of the Vice President, was launched on Monday in Gombe State by Vice President Kashim Shettima. The initiative aims to connect talented and skilled laborers in the nation with the $8.79 trillion global business process outsourcing market. Being the first in Northeastern Nigeria, the BPO Center is anticipated to offer over 2,000 work possibilities to the youth of Gombe State and surrounding areas.

Speaking during the event, the vice president stated that Nigeria is currently receiving a lot of attention due to its “rich talent pool, competitive cost structure, rapidly developing ICT infrastructure, and strategically advantageous location.”
In a statement he signed on Monday, Stanley Nkwocha, Shettima's Senior Special Assistant on Media and Communications, disclosed this, saying, "Nigeria launches Outsource to Nigeria Initiative to capture share of $8.79 Trillion global BPO market."

Speaking at a function titled "Bringing the World to Our Doorsteps," Vice President Shettima characterized President Bola Tinubu, his boss, as a visionary leader and "refined economic strategist" who understands the difference between Nigeria's current state and its path through the world. He promised that the ongoing reforms being implemented by the Tinubu administration will soon ensure a future in which all Nigerians will be appreciative of the "resilience and foresight displayed" in steering the country toward economic prosperity.

The Vice President stated, "Outsourcing, as an economic strategy, is not just about efficiency; it's a profound recognition of our interconnectedness in the global economy." The Vice President voiced trust in the OTNI to turn around the nation's economic fortunes. Another tactic to stop brain drain and direct our abilities and skills toward creating a functional Nigeria is outsourcing.♣️
According to Shettima, the global business process outsourcing industry is valued at $250 billion. She stated that it is imperative that Nigeria realize its potential and actively pursue opportunities in markets that are eager for the country's distinctive offerings.

The VP continued: “The Outsource to Nigeria Initiative symbolizes a pivotal alliance, a collaborative dance between the public and private sectors. This is a mission to produce millions of job opportunities and propel Nigeria’s Business Process Outsourcing and IT-enabled services sector into unprecedented growth.⁣

“OTNI is here to connect global companies with the abundant talents and capabilities inherent in Nigeria. This initiative marks a strategic leap forward, positioning Nigeria as an emerging outsourcing powerhouse ready to make an indelible mark on the global economic landscape.” ⁣

Shettima pleaded with Nigerians to exercise patience with the Tinubu administration over the economic decisions made thus far, pointing out that while there may be short-term difficulties, these are deliberate investments meant to bolster the foundation of the country's economy."The difficult choices we have made may present obstacles in the near term, but rest assured that this is a calculated investment to strengthen the foundations of our economy."

“As your guarantee, I affirm that the reforms in progress will not only weather the storms but usher in a future where we shall stand grateful for the resilience and foresight displayed in propelling our nation towards economic prosperity,” he stated.⁣

On his part, Gombe State Governor, Muhammadu Yahaya, noted that the decision to launch the ‘Outsource to Nigeria Initiative’ in the state was not a mere coincidence, pointing out that it “is a testament to the State’s burgeoning potential and the exemplary strides we have made in fostering an enabling environment for technology innovation and economic growth.”⁣

Yahaya clarified that the collaboration with Outsource Global is a sign of the concrete assistance the state government is prepared to offer companies that opt to invest in Gombe State.♣️
"This deliberate investment not only generates employment prospects but also demonstrates our proactive strategy of supplying the essential infrastructure and resources to draw in and encourage private investment," he continued.

According to Amal Hassan, the founder and CEO of OTNI, the global BPO and ITES business is expected to be worth $8.79 trillion by 2024, with at least 60% of the market being dominated by the Philippines and India.♣️
Nigeria, she said, has "the highest potential among key African countries" and is anticipated to grow at the fastest rate in the continent's BPO market thanks to a number of favorable factors. Additionally, the country's "demographics are well-suited to take advantage of the current global trend in global business."

Vice President Shettima's commissioning and inspection of the Business Process Outsourcing Center marked the pinnacle of the OTNI's launch.
Among the other dignitaries present were the governor of Jigawa State, Umar Namadi; the deputy governors of Borno and Gombe States; Mohammed Idris, the minister of information and national orientation; the emirs of Gombe and Biu; and Prof. Ibrahim Njodi, the secretary to the Gombe State government.



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