N-Power: FG Approves New Employment Scheme To Employ 60,000 Nigerian Youths
The Federal Government has approved a new scheme that will create employment for 60,000 Nigerians between the age of 18-25 years.
The Minister of Budget and Planning, Udo Udoma said the new scheme is called the N-Power knowledge multi-track youth empowerment programme.
Udoma disclosed this while briefing State House correspondents at the end of the meeting of the Federal Executive Council (FEC) chaired by President Muhammadu Buhari.
He said under the scheme, 12,000 unemployed or under-employed graduates aged 18-25 yrs will be trained and given relevant devices afterwards.
The training will be on mobile computing and commonly used electronic devices with the Nigerian Government spending N259,000 per youth 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 minister said the programme which has been awarded to Softcome Ltd 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.”