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The Gig Economy: How young people in Nigeria can get ready for intentional engagement

by SISIF0YE | Nov 11, 2024 | Human Capital Development, Skilling, Tech Skills | 0 comments

Young Nigerians are at the core of a seismic shift in the workplace that is changing at an alarming rate. The days of linear, lifetime careers and the assurance of a consistent salary from a single job are long gone. Rather, the “gig economy” – a flexible, on-demand labor market where success depends on adaptability, flexibility, and an entrepreneurial spirit – is emerging.

This new reality is a challenge and an opportunity for many young Nigerians. On one hand, insecurity and uncertainty may result from the demise of conventional employment structures., on the other hand, the gig economy provides hitherto unheard-of levels of independence, freedom, and the opportunity to create one’s own route to success. Are our recent graduates and professionals in their early careers prepared to handle this unfamiliar situation?

Short-term, project-based labor arrangements, frequently made possible by digital platforms and applications, are the fundamental characteristics of the gig economy. This new paradigm has radically changed the way we think about work, from independent designers and ride-share drivers to micro-entrepreneurs and crowdsourced taskers.

There are significant ramifications for Nigeria. The gig economy offers both potential and challenges as the nation struggles with high youth unemployment and a growing skills gap. It gives young people the freedom to earn money on their own terms by providing a flexible and easily available substitute for the traditional employment market. However, it requires a completely other set of abilities, one that is focused on digital fluency, entrepreneurship, and the capacity for self-reinvention.

Nigerian youths need to adopt a fundamental mentality reorientation if they are to succeed in the gig economy. The days of anticipating a single, secure professional path are long gone. To remain relevant, they must instead be ready to take on many roles, switch between various projects, and constantly improve their skill sets.

The first step in doing this is to cultivate an entrepreneurial spirit, which is the capacity to spot opportunities, take measured risks, and turn concepts into profitable revenue streams. Because gig labor is fluid and necessitates constant adaptation and reinvention, young Nigerians must also learn to be deeply comfortable with ambiguity.

Digital skill expertise is equally important. The gig economy is closely tied to technical proficiency in everything from remote collaboration and virtual project management to online marketing and data analysis. Nigerians who are adept at navigating the digital world would be in the greatest position to take advantage of the many opportunities that the gig economy presents.

The good news is that the foundation for developing a workforce that is “gig-ready” is already in place. Innovative projects and programs are springing up all over Nigeria with the goal of giving young people the abilities and attitudes they need to succeed in the modern workplace.

Consider the work being done by entrepreneurial accelerators, non-profit organizations including Thrivebridge Initiative for Social Development and tech hubs. By giving them access to practical training, networking opportunities, and mentorship, these organizations are enabling young people in Nigeria to turn their ideas into successful, scalable enterprises. In a similar vein, online learning platforms are democratizing the acquisition of digital skills, enabling even the most remote people to acquire highly sought-after knowledge.

A comprehensive nationwide effort involving the governmental, private, and social sectors is however needed to fully unlock the potential of Nigeria’s youth in the gig economy. This entails incorporating digital literacy and entrepreneurship into our educational institutions’ basic curricula. It entails providing incentives for firms to provide upskilling opportunities and flexible work schedules. Additionally, it entails making investments in the coworking spaces and high-speed internet infrastructure that will support the gig economy.

There’s no denying that the shift to a gig economy won’t be simple. Concerns about social safety nets, employment security, and the possibility of exploitation are legitimate. But the benefits will be enormous if we embrace this change with purpose and vision.

Imagine a Nigeria where each young person is equipped with the knowledge and self-assurance to create their own distinct career path. where digital skills are the universal language of opportunity and entrepreneurship is hailed as the catalyst for economic progress. We must work toward a future in which the gig economy serves as a springboard to seemingly endless opportunities rather than as a threat.

Now is the moment to take action. Nothing less than our steadfast dedication to equipping young people for the jobs of the future is fair. Nigeria’s youth can and will spearhead the country’s transition to a new period of wealth if they have the proper attitudes, abilities, and support networks in place.

Are you prepared to take part in that change?

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