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, risk management, and financial planning. The agreement, signed in Abuja, is part of a broader national effort to reduce youth unemployment and promote financial and digital inclusion.
Building Digital Careers
Through this collaboration, participants will receive practical, hands-on training in live forex markets, in addition to structured modules on personal finance and portfolio management. The programme aims to equip Nigerian youth with in-demand financial skills that can enable them to generate income independently and participate competitively in the global financial ecosystem.
The Minister of Youth Development, Comrade Ayodele Olawande, described the partnership as a strategic milestone in the ministry’s drive to empower young Nigerians through innovation and capacity building.
“This partnership reflects our strategy to foster critical thinking, deepen digital literacy and open new global opportunities for Nigerian youth,” he said during the signing ceremony in Abuja.
Olawande further emphasized that the initiative is a credible pathway toward financial independence and resilience, especially amid economic challenges. He 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.
Accountability Built In
The partnership will be monitored closely by the Ministry, which has promised to track enrolment, training completion rates, and the impact of the programme on participants’ income levels. This, according to Olawande, is to guarantee accountability and demonstrate clear results from the initiative.
Dr. Enefola Odiba, International Programme Director at Investonaire Academy, expressed optimism about the collaboration, noting that it is designed to bridge socio-economic gaps by equipping young Nigerians with the financial and digital skills required in today’s economy.
He highlighted the centrality of youth to national progress, stating, “Young people are the backbone of any nation and essential drivers of innovation and growth.”
Part of a Wider Skills Push
This initiative adds to a growing list of government-backed programmes aimed at boosting employability among Nigerian youth. In recent months, the Federal Government has unveiled plans to train 100,000 artisans across the country in 2025. This builds on a previous phase where 29,000 individuals were upskilled and transitioned from informal to certified professional roles.
The artisan training programme is intended to enhance service delivery across trades, eliminate quackery, and introduce a licensing system to professionalise the sector. It also aims to restore pride in vocational work and provide more stable income streams for those in technical fields.
In addition, plans are underway to retrain technicians from specialised institutions to align their skills with modern industry standards. These efforts reflect the government’s broader strategy to encourage economic self-reliance and position skilled Nigerians to thrive in both local and global markets.
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