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NIIT announces 20th National Scholarship in Nigeria

Posted On: 2019-05-14 14:51:49

NIIT, a global leader in skills and talent development announced the 20th National Scholarship, to reward and encourage meritorious students in Nigeria desirous of building successful careers in Industry 4.0. This year the annual scholarship test will be held on Saturday, 13th July 2019, across the country.

Industry 4.0 is the vision of transforming industrial production of the future, which makes it possible to automate, gather, analyze and exchange data across machines, enabling faster, flexible, and more efficient decisions making process by using IOT, R & ML, Python & ML, AI, BI, Block Chain etc.

Accordlng to the Future of Jobs Report (World Economic Forum), jobs in digital technology will grow from 17% in 2018 to 33% in 2022. Estimates have indicated that 75 million Jobs may be displaced by a shift in the division of labour between humans and machines, while 133 million new roles may emerge that are more adapted to the new division of labour between humans, machines and algorithms. This demonstrates a huge requirement of skilled employees for futuristic Industry 4.0 job roles.

Aligned to needs of the futuristic industry 4.0 technologies, NIIT has Introduced scholarships for cutting edge programs in Industry 4.0 technologies like Internet of Thing (IoT), Machine Learning (ML) with R & Python, Artificial Intelligence (AI), Business Intelligence (Bl), Data Analytics, Big Data, diginxt MMS-Full Stack Developer, Digital Marketing and other programs. These programs have been introduced by NIIT with a profound understanding of the changing job roles which are powering the digital economy.

Speaking on the occasion, Mr. Sanjay Tickoo, Head, International Education Business - Emerging Markets, NIIT Ltd. said, "The major drivers of transformation, currently affecting global industries, are expected to have a significant impact ranging from job creation to Job displacement, from heightened labour productivity to widening skills gaps. With new job roles emerging in the country, students trained in futuristic Industry 4.0 technologies can meaningfully contribute to the growth of the country and thus carve a successful career for themselves. To accomplish this, we have introduced futuristic cutting-edge programs for Nigerian students to train them for the jobs of future."

Since the inception in 1999, NIIT Scholarships have become one of the most awaited events in the annual events calendar of the country. More than 100,000 students have benefitted from the scholarship so far.

Shares of NIIT LTD. was last trading in BSE at Rs.99.55 as compared to the previous close of Rs. 100.2. The total number of shares traded during the day was 44765 in over 920 trades.

The stock hit an intraday high of Rs. 100.95 and intraday low of 99. The net turnover during the day was Rs. 4466943.


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