The Federal Executive Council (FEC) has approved a new scheme that is targeted at creating employment for 60,000 Nigerians aged 18-25 years.
This was announced Wednesday by the Minister of Budget and Planning, Udoma Udoma while briefing State House correspondents at the end of the meeting of the council chaired by President Muhammadu Buhari.
Mr Udoma said the new scheme is called the N-Power knowledge multi-track youth empowerment programme.
He said under the scheme, 12,000 unemployed or under-employed graduates aged 18-25 yrs will be trained and given relevant devices afterwards.
He also said the training will be on mobile computing and commonly used electronic devices.
Mr Udoma said the programme, which will be run under the National Social Investment Programme (NSIP), is open to all unemployed graduates.
He also said after the training, each of the initial 12,000 selected and trained “will be empowered to train five other youth, leading to additional 60,000 jobs”
He said the contract for the programme was awarded to Softcome Ltd working with the officials of NSIP.
The minister also said the federal government will spend N259,000 per youth on the training while an additional 207,000 will be spent for work tools.
He put the value of the programme at N5,595,669,250 with a completion period of nine months.
THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN
WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi
The economic crisis and hardship in Nigeria are parts of the discussion.
Watch, leave your comments, and share to create more awareness on this issue.
#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com