The announcement about the development was made by Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke, on Wednesday during the 2021 Ministerial Press Briefing in Commemoration of the Second Year in Office of Gov. Bababjide Sanwo-Olu.
According to her, the program was implemented through the ministry’s Graduate Internship Placement Programme (GIPP) intended to address the challenge of unemployment among unemployed graduates in Lagos State.
She said: “The GIPP is meant to assist Micro, Small and Medium Enterprises (MSMEs) and other companies to choose from the state’s database of groomed talent/interns, to enhance productivity and boost their businesses, thereby, promoting economic growth at no cost through the intervention of the state government.
“A total of 51,514 graduates applied for the internship online, over 1,932 companies indicated interest to onboard the interns after their trainings and 4,736 applicants attempted the online Assessment Test.
“About 1,000 candidates who scored a minimum of 60 per cent were invited for the first tranche of the employability skills training, while 4,000 interns are targeted to be placed on a monthly stipend of N40,000 for six months.
“You will agree with me that the state government under Sanwo-Olu is leaving no stone unturned in mitigating the unemployment scourge,” she said.