![]() The scheme was solely funded by the ITF during its formative years but as the financial involvement became unbearable to the fund, it withdrew from the scheme in 1978. ![]() It was officially approved and presented by the Federal Government in 1974. The ITF organization (Industrial Training Fund) made a decision to help all interested Nigerian students and established the SIWES program. It is against this background that the fundamental reason for initiating and designing the scheme by the fund in 1973/74 was introduced. This was a huge problem for thousands of Nigerians until 1973. Therefore, the employers thought that theoretical education going on in higher institutions was not responsive to the needs of the employers of labour. As a result, they could not easily find jobs due to the lack of working experience. It used to be that students who got into Nigerian institutions to study science and technology were not trained in the practical know-how of their various fields of study. Before this scheme was established, there was a growing concern and trend noticed by industrialists that graduates of higher institutions lacked sufficient practical background for employment.
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