{"id":247251,"date":"2023-02-07T14:10:14","date_gmt":"2023-02-07T13:10:14","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=247251"},"modified":"2023-02-07T14:10:14","modified_gmt":"2023-02-07T13:10:14","slug":"tetfund-commences-national-employability-benchmarking-in-varsities","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2023\/02\/07\/tetfund-commences-national-employability-benchmarking-in-varsities\/","title":{"rendered":"TETFund commences national employability benchmarking in varsities"},"content":{"rendered":"<p>The Tertiary Education Trust Fund (TETFund), has commenced the conduct of a national employability benchmarking programme in Nigerian universities. The aim is to improve the employability in Nigeria and help steer higher education institutions to better align them with market needs.<\/p>\n<p>The programme is being executed in collaboration with the International Finance Corporation (IFC) and other local partners.<\/p>\n<p>The executive secretary of TETFund, Sonny Echono, who spoke at the National Employability Benchmarking Programme in Abuja yesterday, said<\/p>\n<p>IFC is utilizing its vitae employability tool to provide a diagnostic macro snapshot of how well tertiary institutions in Nigeria are implementing employability best-practices.<\/p>\n<p>According to him, they will also measure how tertiary institutions are establishing a baseline for employability, and potentially supporting the development of a strategic approach to sector intervention.<\/p>\n<p>\u201cIFC Vitae is a global first-of-a-kind, survey-based, diagnostic instrument which assesses, processes, structures and supports employability outcomes for higher education institutions.<\/p>\n<p>\u201cThe programme provides system and institutional-level insights that helps identify key intervention areas that will enhance the employability ecosystem and improve graduate employability outcomes,\u201d he said.<\/p>\n<p>The TETFund boss further noted that \u201cOne of the key roles of TETFund is to develop an enabling system for young graduates to be part of the active labour market soon after graduation.<\/p>\n<p>\u201cThis diagnostic led by the IFC is the first phase of designing an intervention to improve graduate employability outcomes. The program will help improve where higher education institutions in the country are presently in relation to global best practices.\u201d<\/p>\n<p>\u201cThe first stage of the programme was to develop a snapshot of current employability practices, specifically to understand how the current regulatory policy framework may act as an enabler or barrier to success. The focus was to collect, validate and analyse the data of participating universities in Nigeria. This stage was coordinated by Cognity Advisory, a local development consultancy working on behalf of TETFund with IFC global employability experts.<\/p>\n<p>\u201cIFC Vitae has been deployed in different countries in Africa, Asia, the Middle East, Latin America and the Caribbeans, to hundreds of higher education institutions, helping them in developing a pathway for improving graduate outcomes and implementing institutional goals for graduate employability.<\/p>\n<p>\u201cThe recent stakeholder roundtable in Abuja brought together leadership from Nigerian higher education institutions and provided an opportunity to share early findings from the program, highlight policy and process gaps, and discuss sector-level and institutional opportunities for improvement of practices supporting graduate employability.\u201d<\/p>\n<p>Echono lamented that Nigeria being a developing country is beset with the challenge of unemployment, particularly youth employment which is at its highest level.<\/p>\n<p>\u201cThe National Bureau of Statistics (NBS) has put Nigeria\u2019s unemployment at 33.3%, while youth unemployment in the country is at 42.5% and youth under-employment is 21.0%.<\/p>\n<p>\u201cBesides, the 2022 multidimensional poverty index recently released by the Bureau reveals that 133 million people in Nigeria are poor, living below the poverty line, which implies that 63% of persons living within Nigeria are multidimensionally poor,\u201d he said.<\/p>\n<p>The TETFund executive secretary added that aligning its intervention activities to meet changing needs, and strengthening the country\u2019s \u201ceducation delivery towards fostering an entrepreneurship culture are the best ways for unleashing the enormous youth potential, addressing unemployment as well as other societal problems, and growing the economy.<\/p>\n<p>The national employability benchmarking programme is coordinated by <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/09\/10\/cross-river-ayade-seeks-more-tetfund-interventions\/\">TETFund<\/a> with the support of the Federal Ministry of Education, and the National Universities Commission (NUC)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tertiary Education Trust Fund (TETFund), has commenced the conduct of a national employability benchmarking programme in Nigerian universities. The aim is to improve the employability in Nigeria and help steer higher education institutions to better align them with market needs. The programme is being executed in collaboration with the International Finance Corporation (IFC) and [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":247257,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"custom","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"single-left","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"floatbottom","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_bookmark_settings":{"override_bookmark_button":"0","override_show_bookmark_button":"0"},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[42,2],"tags":[56820,56819,7690,39767,13143,16534],"class_list":["post-247251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","category-national","tag-benchmarking","tag-national-employability","tag-nigerian","tag-t","tag-tetfund","tag-varsities"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TETFund commences national employability benchmarking in varsities<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/news\/2023\/02\/07\/tetfund-commences-national-employability-benchmarking-in-varsities\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TETFund commences national employability benchmarking in varsities\" \/>\n<meta property=\"og:description\" content=\"The Tertiary Education Trust Fund (TETFund), has commenced the conduct of a national employability benchmarking programme in Nigerian universities. 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