Vice President Kashim Shettima has expressed optimism that Nigeria will, by 2050, overtake the United States (US) to emerge as the third most populous nation on earth.
The number two citizen highlighted Nigeriaโs demographic advantage, stating that with the right policies, the countryโs youthful population could be transformed into an economic asset.
OsunDailyNG reports that Shettima highlighted this during a meeting on Thursday, February 13, with a delegation led by the visiting Director-General of the International Labour Organisation, Gilbert Houngbo, at the Presidential Villa, Abuja.
โOne in four black men is a Nigerian, and by 2050, we will surpass the United States to become the third most populous nation on earth.
โThe average age in Nigeria is 16.9 years. We have a demographic bulge, but with the right policies, we can turn it into a demographic dividend rather than a demographic disaster,โ the Vice President said.
Shettima also expressed confidence in Nigeriaโs future workforce, stating, โOur young people are more digitally literate than us. While some traditional jobs may disappear, new opportunities will emerge, and we will equip our youth with the skills to thrive in the evolving global economy.โ
Furthermore, in his remark, Shettima said President Bola Tinubuโs administration is receptive to continuous dialogue with organized labour.
He reiterated the Federal Governmentโs dedication to the well-being of workers, emphasizing Tinubuโs commitment to cultivating a prosperous workforce and a functional labour environment.
โWe will keep engaging with our partners in the labor movement to guarantee advancement,โ Shettima remarked.
Houngbo was joined by the Minister of Labour and Employment, Muhammad Dingyadi, and the President of the Nigeria Labour Congress (NLC), Joe Ajaero.
The Senior Special Assistant to the Vice President on Media and Communication, Stanley Nkwocha, shared this update in a statement titled โVP Shettima Reaffirms FGโs Commitment to Workersโ Welfare and Wage Reforms.โ
Shettima assured the ILO leader that the Nigerian government is still devoted to inclusive labor policies, equitable wages, and economic development.
โWe are all patriots and partners in building a stronger Nigeria,โ Shettima said, reiterating that President Tinubu, whom he described as an activist himself, would be briefed on the delegationโs requests upon his return to the country.
The Vice President praised the Nigerian labour movement, describing it as vibrant and well-led.
He also reiterated Tinubuโs passion for workersโ welfare, noting that the government had raised the minimum wage, with most states already implementing itโsome even exceeding the โฆ70,000 benchmark set at the national level.
โI commend the Nigeria Labour Congress for their statesmanship and commitment to workersโ rights,โ Shettima said.
Speaking on Thursday, the ILO DG, Houngbo thanked the Vice President for receiving his delegation, acknowledging that his visit to Nigeria was long overdue, given the countryโs strategic role in the ILO.
Recalling Nigeriaโs support for his election, Houngbo said, โWithout the mobilisation of the Nigerian government and its social partners, my election would have been very difficult. Nigeria played a key role in rallying African constituents in my favour.โ
He noted that his visit provided an opportunity to engage with ILOโs social partners in Nigeria, including the NLC and the Trade Union Congress, and that their discussions were productive.
Houngbo urged the Federal Government to expedite the finalisation of labour code reforms and sought Shettimaโs support for reviving the National Labour Advisory Council (NLAC), a forum for social dialogue among tripartite stakeholders.
โWe believe that given the dynamism of Nigeriaโs labour market, its population, ambition, and role in Africa, reviving the NLAC will be highly beneficial,โ he added.
Other dignitaries present at the meeting include the Minister of State for Labour and Employment, Mrs Nkiruka Onyejeocha; Permanent Secretary in the Ministry of Labour and Employment, Dr Salihu Usman; Director-General, National Directorate of Employment, Mr Silas Agara; Director-General, National Productivity Centre, Baffa Agundi; Director-General, Michael Imoudu Institute for Labour Studies, Isa Aremu; NLC President, Joe Ajaero; and the First National Deputy President of the Trade Union Congress, Dr Tommy Etim-Okon, among others.