Skip to content

FG Launches Youth Financial Empowerment Initiative to Strengthen Entrepreneurship

The Nigerian Government has introduced a National Financial Literacy, Investment, and Wealth Creation Training Programme to equip young Nigerians with essential skills for entrepreneurship, financial management, and long-term wealth building. Launched in Abuja by the Federal Ministry of Youth Development, the initiative aims to empower youths to become innovators, job creators, and self-reliant contributors to national economic growth.

At the launch, Minister of Youth Development Ayodele Olawande stressed the need to broaden youth aspirations beyond government employment. “Young people must see themselves as creators of value,” he said, reaffirming the government’s commitment to nurturing an enterprise-driven generation.

The programme offers practical training in financial literacy, investment, risk management, and asset-building, alongside access to entrepreneurship resources. A core component is the Nigeria Youth Academy, a new digital learning platform designed to deliver courses, mentorship, and capacity-building opportunities to millions of young Nigerians.

Olawande emphasized that financial literacy has become a critical survival skill, urging youths to embrace saving, investing, discipline, and value creation as pathways to success.

See Also:Overview of the Federal Government’s ₦50M Student Venture Capital Grant (S-VCG)

Also speaking at the event, Minister of Economic Planning and Budget, Senator Atiku Bagudu, reaffirmed the Federal Government’s dedication to youth inclusion in economic transformation. He noted that achieving President Bola Ahmed Tinubu’s vision of a $1 trillion economy by 2030 requires innovation, bold thinking, and strong youth participation, especially in technology and digital markets.

Representing the Permanent Secretary, Mr. Mike Nwaogu, the Director of Enterprise Development and Promotion, highlighted the programme’s role in building a financially confident youth population. Brigadier General Olakunle Nafiu, Director-General of the NYSC, added that investing in young people remains the nation’s most rewarding long-term asset and called for increased private-sector collaboration to boost financial inclusion.

Dr. Enefola Odiba, International Programme Director at Investonaire Academy, noted that while many young people can generate income, successfully managing it requires discipline, consistency, and the practical application of financial skills.

Overall, the initiative aims to equip millions of young Nigerians with the knowledge, tools, and mindset needed to thrive in business and investment, fostering a new generation of economically empowered and innovative leaders.

 FG Launches Youth Financial Empowerment Initiative to Strengthen Entrepreneurship

Leave a Reply

Your email address will not be published. Required fields are marked *