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    CBN’s $1trn Mirage: Why Nigeria’s real sector holds the missing key

    CBN strengthens fiscal data architecture, digitalises sub-national survey across states, FCT, LGAs

    Nigeria: Gunmen abduct 23 pupils, wife of proprietor of orphanage in Kogi

    Nigeria: Kogi Police Command confirms escape of two inmates from Okene Correctional Centre

    Nigeria: Obi dumps LP for ADC in broader opposition realignment to tackle APC

    NSC demands public apology from Peter Obi over claim of prevention from celebrating with Flamingos at Abuja airport

    Nigerians in U.S. urge FG to address religious persecution allegation

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    SERAP urges INEC to account for alleged missing N55.9b meant to buy smart card readers, ballot papers, others

    INEC removes 1.6 million invalid voter records, identifies 54 officials for possible prosecution

    Nigeria: Islamic cleric, Gumi urges Nigerians to remain patient, avoid despair over security challenges

    Nigeria: Sheikh Gumi backs Tinubu economic reforms, kicks against return of subsidy

    Tinubu says he’s proud of young Nigerians for being full of ideas, ambition, determination

    Nigeria: PenCom seeks EFCC’s support in tackling pension fraud

    Ogun seeks temporary suspension of lead ingot exports, shuts battery recycling plants in Ogijo

    Gov Abiodun commends DSS DG, IGP for rescuing kidnapped victims

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    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

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    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

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    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

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    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

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    NCDMB, NLNG commit US$9m to endowment of professorial research chairs in six Nigerian universities

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    UNICEF exposes acute shortage in educational infrastructure, quality instructional facilities across Benue State

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    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG warns public against unauthorized NTI admissions, cancels 2026 NCE, degree intake

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG urges Senate to halt establishment of new federal universities, polytechnics for 7 years

    Nigeria: Minister applauds Tinubu, First Lady on National Library project, warns contractors against delay

    Nigeria: UBEC finalises policy framework to unlock education investments

    UBEC partners Sultan’s Foundation in war against out-of-school children menace

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    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

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    Vetiva Fund Managers announces ₦0.45 interim dividend for Banking ETF

    Nigeria: EFCC arraigns woman, company in Lagos over alleged N16.7m Visa fraud

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    Namibia President calls Dangote’s $2.5b energy investment a landmark for Africa’s industrial future

    Nigeria: Minister says evidence based resource allocation, others critical to achieving $1trn economy by 2030

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    IMF boss says AI has potential to boost global growth  

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    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Flamingos on historic FIFA U-17 Women’s World Cup victory

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

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    Road To The Crown: Zenith Bank/NBBF Women’s Basketball League final 8 set for Lagos

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    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

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  • Business
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    Multiverse Mining projects ₦166.8m Q4 revenue target amid heavy debt repayments and projected losses

    Multiverse Mining projects ₦166.8m Q4 revenue target amid heavy debt repayments and projected losses

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Future of Jobs Report 2025 projects 78m new job opportunities by 2030

by Press Release
January 8, 2025
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The Future of Jobs Report 2025, published today by the World Economic Forum, reveals that job disruption will equate to 22% of jobs by 2030, with 170 million new roles set to be created and 92 million displaced, resulting in a net increase of 78 million jobs. Technological advancements, demographic shifts, geoeconomic tensions and economic pressures are the key drivers of these changes, reshaping industries and professions worldwide.

Drawing on data from over 1,000 companies, the report finds that the skills gap continues to be the most significant barrier to business transformation today, with nearly 40% of skills required on the job set to change and 63% of employers already citing it as the key barrier they face. Technology skills in AI, big data and cybersecurity are expected to see rapid growth in demand, but human skills, such as creative thinking, resilience, flexibility and agility, will remain critical. A combination of both skill types will be increasingly crucial in a fast-shifting job market.

Frontline roles and essential sectors like care and education are set for the highest job growth by 2030, while advances in AI and renewable energy are reshaping the market – driving an increase in demand for many technology or specialist roles while driving a decline for others, such as graphic designers.

“Trends such as generative AI and rapid technological shifts are upending industries and labour markets, creating both unprecedented opportunities and profound risks,” said Till Leopold, Head of Work, Wages and Job Creation at the World Economic Forum. “The time is now for businesses and governments to work together, invest in skills and build an equitable and resilient global workforce.”

The Job Market in 2030

Frontline roles, including farmworkers, delivery drivers and construction workers, are poised to see the largest job growth in absolute terms by 2030. Significant increases are also projected for care jobs, such as nursing professionals, and education roles, such as secondary school teachers, with demographic trends driving growth in demand across essential sectors. Meanwhile, advances in AI, robotics and energy systems – notably in renewable energy and environmental engineering – are expected to increase demand for specialist roles in these fields. Meanwhile, roles such as cashiers and administrative assistants remain among the fastest declining but are now joined by roles including graphic designers as generative AI rapidly reshapes the labour market.

The Skills Gap

The skills gap continues to be the most significant obstacle to business transformation in response to global macrotrends, cited by 63% of employers as a main barrier to future-proofing their operations. If the global workforce were represented by a group of 100 people, 59 are projected to require reskilling or upskilling by 2030 – 11 of whom are unlikely to receive it; this translates to over 120 million workers at medium-term risk of redundancy.

While technology skills in AI, big data and networks and cybersecurity are expected to see the fastest growth in demand, human skills such as analytical thinking, cognitive skills, resilience, leadership and collaboration will remain critical core skills. A combination of both skillsets will increasingly be required by many growing jobs.

AI and Upskilling

AI is reshaping business models, with half of employers globally planning to reorient their business to target new opportunities resulting from the technology. The most common workforce response to these changes is expected to be upskilling workers, with 77% of employers planning to do so. However, 41% plan to reduce their workforce as AI automates certain tasks. Almost half of employers expect to transition staff from roles exposed to AI disruption into other parts of their business, an opportunity to alleviate skills shortages while reducing the human cost of technological transformation.

Given the rapid growth of emerging technologies, business leaders, policy-makers and workers will need to work together to ensure workforces are ready while reducing risks of unemployment across sectors and geographies.

Beyond technology: Economic, demographic and geoeconomic shifts

The rising cost of living is another key factor driving labour market change, with half of employers expecting it to transform business models. While global inflation has eased, price pressures and slower economic growth are projected to displace 6 million jobs globally by 2030. These challenges are increasing demand for resilience, agility, flexibility and creative thinking skills.

Demographic shifts are reshaping labour markets, with ageing populations predominantly in higher-income countries driving demand for healthcare roles and expanding working-age populations in lower-income regions fuelling growth in education professions. Workforce strategies focused on improving talent management, teaching and mentoring skills are essential to bridging these gaps.

Geopolitical tensions are a top concern for 34% of businesses, while trade restrictions and industrial policy shifts transform many more, with some companies planning to adapt through offshoring and reshoring strategies. These pressures are also increasing demand for skills such as cybersecurity.

A need for urgent action

Addressing the sweeping changes outlined in the report requires urgent and collective action across government, business and education. Key priority areas include bridging skills gaps, investing in reskilling and upskilling initiatives and creating accessible pathways into fast-growing jobs and skills that are seeing fast growth in demand. By prioritizing equitable and inclusive workforce transitions and strategies – and supporting workers through these transformations – stakeholders can build a resilient and adaptable global workforce that is prepared to thrive in the jobs of tomorrow.

Tags: Future of JobsWorld Economic Forum
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