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When it comes to creating jobs in Nigeria, President Muhammadu Buhari is known for his attention to detail.
But when it comes to creating jobs in Africa's most populous nation, he's apparently a little short on time.
The Guardian reports that the president has only been in office for two months, but he's already created more than 100,000 jobs through his government's ? la carte job creation programs.
One such program created by the Lagos-based Odua Investment Company aims to create 200,000 jobs in the country's southwest region over the next three years.
"We see economic development as an essential combination between meeting statistics and also achieving social goals, so this partnership is supposed to give us an opportunity to actually have what we call impact investing," the company's CEO tells the Guardian.
"In impact investing you want to go beyond the profit and loss, and go into how much people are getting employed and how sustainable are the developments," he adds.
Buhari's ? la carte job creation programs have been a hot topic in the country, with the Guardian reporting that his administration's efforts to create jobs and diversify the nation's economy have met with resistance from some quarters.
The president's ? la carte job creation efforts have been
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: PSEG Foundation
The Neighborhood Partners Program has supported over 400 nonprofits in 14 counties across New Jersey and Long Island.More than 400 nonprofit organizations have received nearly $8 million in grants...more
Foundation: Community Foundation of Western Massachusetts
Over 100 organizations across the Pioneer Valley received $3.2 million in grants from the Community Foundation of Western Massachusetts.The foundation increased its financial support of the...more
Foundation: California Community Foundation, Pasadena Community Foundation
Metallica's philanthropic foundation, All Within My Hands (AWMH), is donating a combined total of $500,000 to two key efforts.If you can, consider helping out by donating to the Pas Pasadena...more
Foundation: California Community Foundation, Latino Community Foundation
Eva Longoria Donates $1 Million to Los Angeles Wildfire Relief.With support from the Courage and Civility Award, the funds will be distributed to the Latino community Foundation.The funds will also...more
Foundation: MacArthur Foundation
The end of 2024 was marked by a flurry of announcements of investments and grants being awarded to news organizations across the U.S.Press Forward has a commitment of $500 million over the next five...more
Respiratory diseases like asthma and Chronic Obstructive Pulmonary Disease (COPD) continue to rise, especially in pollution-heavy regions like India.Innovative solutions are emerging that promise to...more
Dr. Alexandre da€™Audiffret has decades of expertise in vascular and endovascular surgery.He previously served as chief of vascular surgery at Rush University Medical Center in Chicago.He...more
Innovative finger wrap uses sweat to provide health monitoring.By harvesting energy directly from sweat, this device offers an entirely new approach to wearable technology, eliminating the need for...more
The Indian Council of Agricultural Research (ICAR), founded in 1929, and the state agricultural universities as part of the national agricultural research system have played a pivotal role in...more
Auction Napa Valley contributed $125,000 toward the effort to prevent and treat youth drug and alcohol addiction.Gasser Foundation contributed $100,000 to offer organizational support and...more
Social Entrepreneurship
Spotlight
Hexham Social Enterprise Launches Workshop to Provide Training for the Unemployed
A Gilesgate-based shop and community facility, Hexham’s Core Music, launches a separate workshop where up to six people will be trained how to repair guitars and make ukuleles. The European Social Fund grant supported the project and has secured funds through the County Durham Communication Foundation to equip the workshop in Burn Lane.
