Close Menu
    What's Hot

    Ethereum Price Surges on Leverage Buying, Short Squeezes

    May 4, 2026

    LP Releases 2027 Primaries Timetable, Fixes Nomination Fees

    May 4, 2026

    Oil Rallies as Iran Warns Against US Plan to Escort Vessels

    May 4, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, May 4
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    Home - MarketNews - Nestlé Nigeria Invests N6bn in Youth Training
    MarketNews

    Nestlé Nigeria Invests N6bn in Youth Training

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiAugust 1, 2024No Comments4 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Nestlé Nigeria Invests N6Bn In Youth Training
    Share
    Facebook Twitter Pinterest Email Copy Link

    Nestlé Nigeria Invests N6bn in Youth Training

    Nestlé Nigeria says it has invested over six billion Naira in training 190 Nigerian youths at its Technical Training Centre in Agbara since the inception of the programme in 2011.

    Its Managing Director, Mr Wassim El-Husseini, disclosed this during the graduation ceremony of some trainees at the Nestlé Technical Training Centre (NTTC) on Wednesday in Agbara, Ogun. The trainees were the second stream of the seventh batch of the centre.

    El-Husseini noted that 97 per cent of these talented individuals had also been employed within Nestlé Nigeria.

     El-Husseini said, Our investment of over six billion Naira in upskilling these bright young minds reflects our firm belief in the potential of the next generation.

    Since 2011, the Nestlé Technical Training Centre has addressed the technical skills gap among Nigerian youths.” He said that 10 youths graduated from the second stream of the seventh batch of the NTTC programme and had been offered automatic employment by Nestlé Nigeria.

    The graduates completed their rigorous training within 18 months, bringing the total number of graduates from Agbara this year to 30.

    El-Husseini explained that the intensive programme combines theoretical and practical engineering training, culminating in the City and Guilds of London Technicians’ Certification, thereby enhancing their employability.

    He emphasised that graduates of the programme are well-equipped to improve their economic circumstances and contribute meaningfully to the development of their communities. Our dedication to youth empowerment extends well beyond the technical training centre.

    We believe that the foundation of thriving communities lies in equipping the next generation with the right training and opportunities,” he added. According to El-Husseini, young people are often significantly impacted during financial downturns.

    He cited the World Economic Forum’s Future of Jobs 2023 report, which noted that the economic fallout from the COVID-19 pandemic had “disproportionately impacted young workers”. He stressed that Nestlé was working to cushion this impact and prepare young people for the future.

    Nestlé’s commitment to youth is also reflected in its youth engagement platform, “Nestlé Needs Youth,” launched in 2013 to help young people access economic opportunities. In Nigeria, this initiative focuses on four pillars: get them hired, get them skilled, get them support, and get them more opportunities.

    We have several initiatives under this banner, including the Nesternship programme, the Nestlé Youth Development Programme, and a partnership with the Ogun State Technical and Vocational Education Board.

    Through our participation in the Alliance for Youth Nigeria, launched in 2021, we have reached over 16,000 young Nigerians with employability and entrepreneurial training, internships, mentoring opportunities, and job placements.

    Altogether, we reach an average of 25,000 youths through this initiative annually. Beyond preparing youths for the workplace, we have our 24-year-long- investment in sports through the MILO Basketball Championship transcends the boundaries of just sports,” he stressed.

    El-Husseini congratulated the graduates on their achievements and encouraged them to stay curious and embrace lifelong learning as they enter the next phase of their lives. Outgoing Factory Manager of Nestlé Nigeria, Agbara, Mr Ibukun-Olu Ipimoye, explained that the graduates were offered automatic employment, having proven themselves worthy in character and learning.

    He urged the new employees to be good ambassadors of Nestlé by upholding and promoting the company’s values.

    The Alagbara of Agbara, Oba Jayeola Agunbiade, praised Nestlé for its consistent Corporate Social Responsibility (CSR) efforts and for maintaining high standards over the years.

    He congratulated the graduates and wished them well, while pledging to continue providing an enabling environment for the company to thrive.

    In a keynote address, Prof. Abayomi Arigbabu, Ogun State Commissioner for Education, Science, and Technology, commended Nestlé for its commitment to empowering young minds with skills and knowledge that will shape the future of the nation.

    Represented by Mr Okeleye Olarotimi, Director of the Ogun State School of Sports, Arigbabu, congratulated the graduates and encouraged them to strive for excellence and make a positive impact in their chosen fields.

    On behalf of the graduates, Mr Bibire Damilare, expressed gratitude to Nestlé for providing them with a platform for exposure to world-class technical training facilities. According to him, this demonstrates the company’s commitment to making a positive impact on society. New D-G PenCom Assumes Duty

    Banks CBN Central Bank of Nigeria FGN Investors Naira NGX Nigeria Nigerian Stock Exchange
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website

    ogochi Ndubuisi is creative content manager with interest in marketing and advertisement. Ogochi supports MarketForces Africa's clients corporate communication units with content development and liaise with media unit for disseminable product information.

    Related Posts

    News

    Ethereum Price Surges on Leverage Buying, Short Squeezes

    May 4, 2026
    News

    LP Releases 2027 Primaries Timetable, Fixes Nomination Fees

    May 4, 2026
    News

    Oil Rallies as Iran Warns Against US Plan to Escort Vessels

    May 4, 2026
    News

    SA Rand Weakens as Demand for Western Currencies Surges

    May 4, 2026
    News

    Wall Street Climbs on Middle East De-escalation Hopes

    May 4, 2026
    News

    Kenyan Shilling Strengthens as Diaspora Remittances Surge

    May 4, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Ethereum Price Surges on Leverage Buying, Short Squeezes

    May 4, 2026

    LP Releases 2027 Primaries Timetable, Fixes Nomination Fees

    May 4, 2026

    Oil Rallies as Iran Warns Against US Plan to Escort Vessels

    May 4, 2026

    SA Rand Weakens as Demand for Western Currencies Surges

    May 4, 2026
    Latest Posts

    Ethereum Price Surges on Leverage Buying, Short Squeezes

    May 4, 2026

    LP Releases 2027 Primaries Timetable, Fixes Nomination Fees

    May 4, 2026

    Oil Rallies as Iran Warns Against US Plan to Escort Vessels

    May 4, 2026

    SA Rand Weakens as Demand for Western Currencies Surges

    May 4, 2026

    Wall Street Climbs on Middle East De-escalation Hopes

    May 4, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Ethereum Price Surges on Leverage Buying, Short Squeezes

    May 4, 2026

    LP Releases 2027 Primaries Timetable, Fixes Nomination Fees

    May 4, 2026

    Oil Rallies as Iran Warns Against US Plan to Escort Vessels

    May 4, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.