A new ₦500 billion youth empowerment program has been launched, targeting skills training, entrepreneurship support, and digital literacy for young Nigerians aged 18-35.
The Federal Government has launched a comprehensive ₦500 billion youth empowerment program targeting Nigerians aged 18 to 35, with the ambitious goal of creating 2 million new jobs and training 5 million young people in digital and vocational skills over the next three years.
Unveiled by the Minister of Youth Development at a ceremony in Abuja, the program—dubbed "Future Forward Nigeria"—combines direct grants, low-interest loans, skills training, and mentorship into a single integrated framework. It represents the largest youth-focused government initiative since the establishment of the National Youth Service Corps.
"Our young people are our greatest asset," the Minister declared. "This program is not charity—it is investment. We are investing in the generation that will build the Nigeria of tomorrow."
The program is structured around five pillars: digital skills, agriculture and agribusiness, creative industries, green energy, and entrepreneurship. Each pillar includes free training programs delivered through partnerships with universities, private sector companies, and international organizations including Google, Microsoft, and the World Bank.
Under the digital skills pillar, the government plans to train 2 million young Nigerians in coding, data analytics, cybersecurity, and digital marketing over three years. The agriculture pillar targets 1.5 million participants, with a focus on modern farming techniques, agricultural technology, and agro-processing.
Funding comes from a combination of federal budget allocation, loans from the African Development Bank, and private sector co-investment. The government has pledged to release the first tranche of ₦150 billion within 60 days, with quarterly disbursements thereafter.
Youth advocacy groups have cautiously welcomed the initiative while demanding transparency in implementation. "We've seen too many well-intentioned programs fail because of corruption and poor execution," said Aisha Yusuf, director of the Youth Development Foundation. "The government must publish clear metrics, open the selection process, and hold implementers accountable."
Applications open next month through a dedicated portal, with the first cohort of 100,000 participants expected to begin training in July.
Staff Writer at Holymagik TV
Covering breaking news in Nigeria and across the African continent. Passionate about telling stories that matter.
No comments yet. Be the first to share your thoughts!
We use cookies to improve your experience
Holymagik TV uses cookies for analytics, personalised content, and newsletter functionality.
Read our Privacy Policy and Terms of Service.