Starting the new year with a risen inflation rate, going all the way to 34.80%, is a rather disheartening way for Nigerians to move forward, and the country’s inhabitants are feeling the financial pinch in every aspect of life.
However, one path offers hope and opportunity: learning tech skills. From software development to digital marketing, acquiring knowledge in tech not only boosts your employability in todays job market, but also provides access to higher-paying roles and global opportunities, making it a powerful tool to to help keep your head afloat in rising cost of living.
Why Tech Skills Matter in Today’s Economy
Every century has its own global influence that is set to mark them down in history. For the 21st century, its their introduction and proliferation of the digital economy, but to survive in this evolving landscape, tech skills are necessary.
Companies all around the world are seeking talent in fields such as programming, data analysis, UI/UX design, and artificial intelligence.
While none-tech jobs still have their place in the world, those roles arguably do not come with the competitive salaries and flexibility that remote work does. It is those benefits that make them particularly attractive for Nigerians looking to cushion the impact of inflation.
For instance, a freelance software developer earning in dollars through platforms like Upwork or Toptal can significantly offset the declining value of the naira. Similarly, digital marketing experts who assist businesses in expanding their online presence are seeing a surge in demand, both locally and internationally.
Accessing Affordable Learning Opportunities
One of the best things about tech education is its accessibility. Nigerians no longer need to attend expensive universities to acquire valuable skills. Online platforms like Coursera, Udemy, and Google’s Career Certificates offer affordable courses, some even free. Local initiatives like Andela and Decagon also provide intensive training programs, equipping participants with in-demand skills and connecting them to job opportunities.
Additionally, mobile apps and YouTube tutorials have opened up the bounds learning, making it possible for anyone with a smartphone and internet connection to start their tech journey, and anyone with those same things and skills to teach about tech.
These resources are crucial in Nigeria where education costs has limited the ability of several people to access relevant skills
The Role of Government and Private Sector
When all this is said and done, without adequate infrastructure or a streamlined focus on improving educational facilities, not much growth can be brought about. This is where the government and private sectors come in, as they must collaborate to improve internet access, provide electricity stability, and create more affordable tech training programs.
Luckily, a few Initiatives like the National Digital Economy Policy and Strategy (NDEPS) aim to build a tech-driven economy,
A Gateway to Entrepreneurship
Beyond employment, these skills open doors to entrepreneurship. Nigerians can build apps, launch e-commerce businesses, or create digital solutions tailored to local challenges. For instance, fintech startups like Paystack and Flutterwave, founded by Nigerians, have revolutionized the payments space and created jobs.
A Path to Financial Freedom
In a time of economic uncertainty, tech skills offer Nigerians a way to not just survive but thrive. By investing in digital education and leveraging global opportunities, individuals can overcome the challenges of inflation and build a more secure future.
Learning tech isn’t just about keeping up with global trends; it’s about empowerment. As inflation continues to rise, tech skills are proving to be a lifeline for Nigerians, offering financial stability, global access, and a brighter path forward.
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