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Empowering Youth: FG To Train 100,000 In Financial Skills

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Empowering Youth: FG To Train 100,000 In Financial Skills

The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 young Nigerians annually in forex trading and related financial skills.

The disclosure was contained in a statement issued on Tuesday by Omolara Esan, Director of Information and Public Relations at the Federal Ministry of Youth Development.

The agreement, signed in Abuja, aims to equip participants with practical knowledge in forex trading, risk management, and financial planning.

The statement noted that the initiative forms part of the government’s broader efforts to reduce youth unemployment and promote financial and digital inclusion.

“In a bold move to tackle youth unemployment and promote financial inclusion, the Federal Government of Nigeria has signed a strategic Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 young Nigerians each year in the dynamic field of foreign exchange (Forex) trading.

“The agreement, formalized in Abuja, is set to equip Nigerian youth with practical skills in Forex trading, risk management, and financial planning; empowering them to navigate and thrive in the global financial marketplace,” the statement read in part.

The Minister of Youth Development, Comrade Ayodele Olawande, hailed the initiative as a major milestone in the Ministry’s ongoing efforts to promote youth empowerment through capacity building and innovation.

At the signing ceremony, he described the partnership as a reflection of the Ministry’s strategic vision to foster critical thinking, enhance digital literacy, and expand access to global opportunities for young Nigerians.

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He highlighted the programme’s potential to offer a credible pathway toward financial independence and entrepreneurial resilience, especially in light of current economic challenges.

Olawande also commended Investonaire Academy for its commitment to youth development and assured that the Ministry would ensure transparency and measurable outcomes throughout the programme’s implementation.
Dr. Enefola Odiba, International Programme Director at Investonaire Academy, noted that the collaboration was designed to bridge socio-economic gaps by equipping young people with relevant financial and digital skills.
He highlighted the importance of empowering youth, describing them as the backbone of any nation and essential drivers of innovation and growth.

The Ministry reiterated its commitment to delivering the programme with excellence and accountability, aiming to position Nigerian youth as active and competitive participants in the global economy.

What you should know
The Federal Government has, over the past months, announced plans for mass skill development programmes aimed at addressing unemployment and improving economic productivity.

One such initiative is the planned training of 100,000 artisans across Nigeria in 2025, building on a previous phase where 29,000 individuals were upskilled and transitioned from informal to certified roles.

This programme is designed to enhance the quality of service delivery across trades by eradicating quackery and introducing a system of licensing for artisans.

The move is expected to professionalize the sector, instill pride in vocational work, and reduce the reliance on informal or unstable sources of income.

The Federal Government also indicated that training will be extended to technicians from specialized institutions to ensure they meet modern industry standards. These efforts form part of a broader strategy to promote economic self-reliance and position skilled Nigerians for success in both local and global markets.

Nairametrics.com

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BREAKING: Winner Emerges In Kano Bye-Election As APC, NNPP Lock Horns

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The All Progressives Congress (APC) has emerged winner of the Ghari/Tsanyawa supplementary election in Kano state

The returning officer, Professor Muhammad Waziri of Bayero University, declared Garba Ya’u Gwarmai of the APC winner with 31,472 votes

Waziri defeated the candidate of the New Nigeria Peoples Party (NNPP), Yusuf Ali Maigado, who polled 27,931 votes

2027: Pat Utomi Opens Up On working On A New Mega Party
The All Progressives Congress (APC) has secured victory in the Ghari/Tsanyawa supplementary election held in Kano state.

Announcing the results on Sunday morning, August 17, the returning officer (RO), Professor Muhammad Waziri from Bayero University, declared APC candidate Garba Gwarmai the winner with a total of 31,472 votes.

He defeated the candidate of the New Nigeria Peoples Party (NNPP), Yusuf Maigado, who polled 27,931 votes, according to The Punch.

The supplementary poll was conducted after the initial election in the constituency was declared inconclusive. With a margin of 3,541 votes, Gwarmai’s victory marks a key win for the APC as the party continues to reinforce its influence across the state.

Meanwhile, the NNPP won the Bagwai/Shanono state assembly by-election in Kano state.

Daily Trust and Vanguard noted this update.

Announcing the result at 12:36 a.m. on Sunday, August 17, the RO for the election, Prof. Hassan Adamu Shitu, declared the NNPP candidate, Ali Hassan Kiyawa, winner with 16,198 votes, defeating the APC candidate, Ahmad Muhammad Kadamu, who polled 5,347 votes.

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Tinubu’s Government Lacks Effective Communication Strategy  - Babangida

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Nigeria, Benin Sign Integration Pact

Former Governor of Niger State, Dr. Babangida Aliyu, has said that the administration of President Bola Tinubu is performing well but lacks an effective communication strategy to relay its achievements to Nigerians.

Aliyu made the statement on the Thursday edition of Arise Television’s ‘The Morning Show’, while reacting to the outcome of a recent public accountability session held in Kaduna.

Aliyu, reflecting on the discussions at the Kaduna Forum, said the government is facing public dissatisfaction not because it hasn’t delivered, but because it is failing to tell its own story effectively.

The ex-governor said it is proper for political leaders in the North to make demands from Tinubu’s administration since the bulk of the votes that took power came from the region.

“Let the people understand what is happening on the ground. If by what we say that 63/64 percent of the vote came from the north, it is only logical that the north will be expecting so much from the government.

“But from what we have seen so far is that the government is doing well but they do not know how to communicate very well,” he said.

 

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New Twist As El-Rufai Snubs ADC, Announces Another Party To Vote In Kaduna Bye-Election [ Video Trends]

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Former Kaduna governor, Nasir El-Rufai, appeared to have taken a reverse from the coalition’s adopted political platform, ADC

This is as the former governor took to social media and asked the people of Zaria, Chikun to vote for another party in the Saturday, August 16 (today), bye-elections in the constituencies in Kaduna

Recall that the former governor recently visited Sokoto to canvass support for the ADC, while criticising President Bola Tinubu and the APC government.

Click to watch El-Rufai’s video here

Nasir El-Rufai, the immediate past governor of Kaduna, has fueled speculations that he dumped the recently adopted coalition political platform, African Democratic Congress (ADC), as he called on the people of Chikun/Kajuru federal constituency and Zaria Kewaye and Basawa state constituency to vote for the Social Democratic Party (SDP).

However, in a dramatic turn, the former governor urged the people of Zaria and Chikun to vote for the SDP in the Saturday, August 16, by-election, a poll which was meant to test the opposition’s strength ahead of the 2027 general election.

Recall that El-Rufai defected to the SDP after dumping the ruling All Progressives Congress (APC), but soon after joining the party, the SDP fell into a leadership crisis, and the former governor has been silent on his membership and allegations against him.

El-Rufai recently visited Sokoto on a mission to gather support for the ADC. He described his action as a patriotic one to rescue Nigeria from the grip of ‘nepotism’ and ‘incompetence’.

During his visit to Sokoto, the former governor attended two important events meant to sensitise the people and political stakeholders working to achieve the agenda of sacking President Tinubu and the APC in the next general election.

During his address at the event, the former governor lambasted the ruling party and called them ‘a failed, clannish, and visionless administration that has plunged Nigeria into deeper socio-economic misery’.

He declared that it was time for Nigerians to rise against the APC and accused the party of ‘broken promises and elite conspiracy’. He warned that any move to vote for the APC beyond 2027 would be a greater doom for the country.

However, in a sharp turn, the former governor, in a video posted on his social media page ahead of the by-election, urged the people in the constituencies where the poll will be held in Kaduna on Saturday, August 16, to vote for the SDP rather than the ADC he went to Sokoto to canvass for.

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