Why unemployment is not the problem of Nigerian youth – Tim Akano

Tim Akano, a prominent African entrepreneur and youth mentor, has stated that unemployment is not the real problem facing Nigerian youths today. Instead, he argues, the real issue is a lack of relevant skills and information required to thrive in the 21st-century economy.

Tim Akano, whose company is the largest training organization in Africa, revealed that they train over 100,000 youths annually across universities, military institutions, and secondary schools. In addition to that, he personally provides scholarships to about 20,000 corps members and young people each year.

Driven by a desire to uncover the truth about youth unemployment in Nigeria, Akano began a personal experiment five years ago. Each year, he mentored just ten National Youth Service Corps (NYSC) members, offering them guidance throughout their service year. According to him, none of the 50 young people he mentored over those five years remained unemployed after their NYSC year. The most recent batch, he noted, graduated two months ago, and none of them earns less than $500 monthly — approximately ₦850,000 — a figure that is significantly above the national average for entry-level salaries in Nigeria.

This, he says, proves that Nigeria doesn’t necessarily suffer from an unemployment crisis, but rather a skills and information gap. He emphasised the transformative power of the right information and how it can uplift young people into global economic relevance.

Tim Akano pointed out that the global economy has shifted dramatically, driven by digital innovation and emerging technologies. One of the key developments is the rise of remote jobs, which has provided Nigerian youths with a lifeline. Many now work remotely for companies in Canada, the United States, Malaysia, and the United Kingdom. Some of the young people he mentors, including undergraduates from the University of Lagos, earn as much as $10 per hour. A few even make up to $12,000 per month, working from the comfort of their homes. With just a laptop, stable internet, and food, they have become financially independent.

He also highlighted the emergence of the platform economy, which has changed the way the world does business. Just as platforms like Amazon and Alibaba dominate global trade, Tim Akano encourages Nigerian youths to think along the same lines. He shared examples such as building platforms that bring professionals like lawyers, plumbers, or artisans together, allowing people to access services easily. These kinds of innovations, he believes, have the potential to revolutionise Nigeria’s service sector.

Another area he emphasised is the integration of technology into all professions. From law to fashion, architecture to agriculture, Tim Akano stressed the need for young Nigerians to embrace digital tools and solutions. He drew parallels with past global revolutions — the agrarian, industrial, and information revolutions — during which Africa failed to take advantage of the economic shifts. He warned that missing out on the ongoing Artificial Intelligence (AI) revolution could prove disastrous for the continent.

Tim Akano stressed that AI is fast becoming the driving force of the modern world. From robo-lawyers to AI architects, and even TV broadcasters and musicians, technology is evolving rapidly and replacing traditional roles. He explained that there are spiritual AI systems in some countries already predicting the future, and these developments are not waiting for African approval or participation. Hence, he called on Nigerians not to miss this fourth industrial revolution.

He listed a range of tech skills youths can develop today, such as mathematics, Python programming, machine learning, data science, and full-stack development. According to him, mastering these skills can lead to high-paying remote jobs, with companies abroad offering $20 to $100 per hour for such expertise. Cloud computing, blockchain, and robotics were also mentioned as lucrative fields young Nigerians can explore to remain relevant in the global workforce.

Beyond IT, Tim Akano encouraged diversification into agriculture, enhanced by technology. He noted that drones are now used to monitor farmland and detect pests, reducing waste and boosting productivity. He also touched on the growing potential in the entertainment industry, which is valued at $2.6 trillion globally. Areas such as content creation, digital marketing, gaming, and event management offer significant opportunities for Nigerian youths.

He concluded by urging Nigerian youths to adapt to change, noting that survival in today’s world is not about strength or intelligence, but the ability to adapt. For Akano, the solution to Nigeria’s youth unemployment lies in equipping the youth with the right skills, mindset, and information to seize global opportunities.

Promise Babatunde
Read More

Latest

China fines Trip.com $765 million for forcing hotels into exclusive deals and controlling their prices

TL;DR China fines Trip.com $765 million for forcing hotel partners into exclusive deals and controlling their pricing China’s market regulator fined Trip.com Group $765 million on Saturday after concluding that the country’s largest online travel platform abused its dominant market position. The State Administration for Market Regulation said Trip.com used its traffic allocation algorithms, platform

With help from data, art museums are reframing the visitor experience

Skip to content Museums are embracing data-driven curation and a shifting technology landscape. Visitors at the Van Gogh Museum in Amsterdam. Visitors at the Van Gogh Museum in Amsterdam. Giovanni Kanter goes to at least one art museum whenever he visits a new city. That’s on top of his regular exploration of galleries in New

CW@60: The mirror and the machine – three decades on the frontlines of the tech revolution

Every technology innovation and every IT project is, at its heart, a human-interest story - and those delivering the IT should always remember that, says IT services veteran Sam Kingston By Sam Kingston Published: 24 Jul 2026 On 22 September 2026, Computer Weekly turns 60. To mark the milestone, we asked some of our friends

God of War Laufey Launches February 16, 2027, New Kratos-Led God of War Game Announced

by William D'Angelo , posted 1 day ago / 3,853 Views Publisher Sony Interactive Entertainment and developer  Santa Monica Studio during a panel at San Diego Comic-Con announced God of War Laufey will launch for the PlayStation 5 on February 16, 2027. Santa Monica Studio head of creative Cory Barlog also announced the next Kratos-led God

Newsletter

Don't miss

China fines Trip.com $765 million for forcing hotels into exclusive deals and controlling their prices

TL;DR China fines Trip.com $765 million for forcing hotel partners into exclusive deals and controlling their pricing China’s market regulator fined Trip.com Group $765 million on Saturday after concluding that the country’s largest online travel platform abused its dominant market position. The State Administration for Market Regulation said Trip.com used its traffic allocation algorithms, platform

With help from data, art museums are reframing the visitor experience

Skip to content Museums are embracing data-driven curation and a shifting technology landscape. Visitors at the Van Gogh Museum in Amsterdam. Visitors at the Van Gogh Museum in Amsterdam. Giovanni Kanter goes to at least one art museum whenever he visits a new city. That’s on top of his regular exploration of galleries in New

CW@60: The mirror and the machine – three decades on the frontlines of the tech revolution

Every technology innovation and every IT project is, at its heart, a human-interest story - and those delivering the IT should always remember that, says IT services veteran Sam Kingston By Sam Kingston Published: 24 Jul 2026 On 22 September 2026, Computer Weekly turns 60. To mark the milestone, we asked some of our friends

God of War Laufey Launches February 16, 2027, New Kratos-Led God of War Game Announced

by William D'Angelo , posted 1 day ago / 3,853 Views Publisher Sony Interactive Entertainment and developer  Santa Monica Studio during a panel at San Diego Comic-Con announced God of War Laufey will launch for the PlayStation 5 on February 16, 2027. Santa Monica Studio head of creative Cory Barlog also announced the next Kratos-led God

Marvel’s Wolverine Gets Story Trailer

by William D'Angelo , posted 2 days ago / 2,411 Views P ublisher  Sony Interactive Entertainment  and developer  Insomniac Games have released the story trailer for Marvel's Wolverine. View the trailer below: Read details on the game below: An all-new take on the iconic character, based on Marvel comics. From Insomniac Games, the developers of

Want Your Business to Be Seen Everywhere? Meet Tonia Ryan, Creator of Fix Your Search

Some people are good at their jobs. Then there is Tonia Ryan, who has turned “getting found online” into something close to magic. She is the creator of Fix Your Search, and if you have ever wondered why some businesses pop up everywhere while others seem invisible...

Grey Business processes $61 million as stablecoins dominate payments

Grey Business enables startups and SMEs to open US Dollar (USD) corporate accounts, send and receive international payments, convert currencies, and transact using stablecoins such as USDC and USDT...

Utah Marketers to Host Free Business Networking Event in Layton on June 24

The custom web design company is hosting free monthly networking events for Northern Utah business leaders, with the next event scheduled for June 24 from 4 to 6 p.m. Utah Marketers is hosting a free local business networking event on June 24 from 4 to 6 p.m. at the company’s Layton office. The event is