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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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Anti-Party: Ogun APC Suspends Ex-Governor Gbenga Daniel

The Ogun State chapter of the All Progressives Congress (APC) has suspended former governor and current Senator representing Ogun East, Senator Gbenga Daniel, along with Hon. Kunle Folarin, citing allegations of anti-party activities.
The suspension was announced in a statement by the APC State Director of Publicity, Nuberu Olufemi, and made available to journalists in Abeokuta.
According to the statement, both members were suspended by their respective wards—Ward 4 and Ward 6 of Sagamu Local Government—after they were invited to appear before disciplinary committees set up to review complaints against them but did not do so.
“In exercise of its powers, the State Working Committee of the APC in Ogun State affirms the suspension of Senator Gbenga Daniel and Hon. Kunle Folarin by their respective wards,” the statement said.
The APC State Working Committee, chaired by Chief Yemi Sanusi, reviewed the reports of the disciplinary committees during its meeting on August 19.
The party said the suspension followed due process and emphasized its commitment to upholding party discipline and procedures.
It added that the suspension is pending further review and outcomes of the ongoing internal processes.
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Poor Bye-Elections Results: Ohanaeze Tells Peter Obi Not To Contest 2027 Presidency

The Ohanaeze Ndigbo, has called on 2023 Labour Party Presidential Candidate, Mr. Peter Obi, to rigorously reconsider his decision to contest the 2027 presidential election against President Bola Ahmed Tinubu.
The Igbo socio-cultural body, in an electronic statement on Tuesday August 19, hinged the call on what it described as the significant underperformance of the African Democratic Congress, ADC, in the bye-elections held across 12 states in the country last Saturday.
Deputy President- General of Ohanaeze Ndigbo, Mazi Okechukwu Isiguzoro, in the statement, noted: “The apex Igbo sociocultural organization, Ohanaeze Ndigbo, addresses the nation with a solemn pronouncement regarding the unsettling outcomes of the recent bye-elections conducted on Saturday, August 16, 2025, across sixteen constituencies nationwide.
“These electoral results, marked by the significant underperformance of the African Democratic Congress (ADC), have elicited a profound sense of dismay and disillusionment throughout Nigeria.
“It is with a resolute sense of responsibility and candor that we declare: the opposition coalition has demonstrated a concerning inability to effectively challenge the incumbent ruling party as the nation approaches the critical 2027 elections.
“The unexpected victories of the All Progressives Grand Alliance, APGA, notably under the leadership of His Excellency, Professor Chukwuma Soludo, the Governor of Anambra State, over ADC candidates – particularly those supported by the former Governor, Mr. Peter Obi – represent a significant contradiction to the prevailing perception that the Southeast region unequivocally aligns itself with Mr. Obi’s political aspirations.
“This electoral result not only diminishes Mr. Obi’s perceived influence, but also prompts critical examination of the ADC’s viability as a credible and consequential political entity within Nigeria. The outcome of these elections serves as a vital indicator, revealing a concerning disparity between the expectations of the electorate and the demonstrable capabilities of the ADC.
“Given these developments, Ohanaeze Ndigbo feels obligated to communicate this unadulterated assessment to the leadership of the opposition coalition. The stark reality of the ADC’s electoral failures, has engendered considerable apprehension within the Nigerian populace concerning the party’s capacity to offer meaningful opposition or a viable alternative to the ruling All Progressives Congress (APC). It is a matter of deep concern that, despite considerable anticipation that the ADC would secure a substantial number of seats, the party failed to achieve even a single victory in this crucial electoral exercise.
“As we reflect on these results, a thorough introspection of the ADC’s strategies and a more substantive engagement with the electorate become paramount. The party’s current approach, characterized by a disproportionate reliance on social media pronouncements and a perceived lack of meaningful interaction with the Nigerian citizenry, is demonstrably inadequate to surmount the challenges that lie ahead. The Igbo people, now more politically astute than ever, are disinclined to entrust their collective future to a weakened opposition party, whether it be the ADC or the Labour Party.
“Furthermore, we implore Mr. Peter Obi to rigorously reconsider his decision to contest the 2027 presidential election against His Excellency, President Bola Ahmed Tinubu. The recent electoral defeats of his ADC-supported candidates serve as a stark reminder of the formidable challenges that await him.
“The political landscape is undergoing dynamic transformation, and it is imperative that Mr. Obi and his supporters accurately assess the prevailing realities. The Southeast governors and Igbo political leadership, under the leadership of Senator David Umahi, have publicly expressed their intention to deliver a significant portion, up to ninety percent, of the Southeast votes to President Tinubu.
“In conclusion, Ohanaeze Ndigbo reaffirms its unwavering commitment to the political advancement of the Igbo people and the broader Nigerian society. We implore all stakeholders to engage in constructive dialogue, comprehensively re-evaluate strategies, and collaborate in earnest to forge a future that embodies the collective aspirations and hopes of all Nigerians. The imperative for profound reflection and decisive action is unequivocally now.”
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Igbo Presidency: ‘Not Peter Obi’ – Fresh Prophecy Reveals Southeast Politician To Rule Nigeria

As the Southeast region of Nigeria continues its pursuit of the presidency, aiming for the highest political office in the country, various prominent politicians from Eastern Nigeria have made multiple attempts to secure this significant position.
In light of these efforts, a new prophecy has emerged regarding the potential next Igbo president, though it is not referring to the celebrated Peter Obi.
Since 2015, Peter Obi has been a key figure in Southeast politics, consistently positioning himself as a strong candidate for the presidency of Nigeria.
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