- FG to train 100,000 youths yearly in forex trading.
- Partnership with Investonaire aims at digital, financial empowerment.
- Focus on transparency, economic impact, and youth inclusion.
As part of its efforts to tackle unemployment and drive financial inclusion, the federal government of Nigeria has promised to train 100,000 young Nigerians annually in foreign exchange (Forex) trading.
EKO HOT BLOG reports that the federal government on Monday, signed a Memorandum of Understanding (MoU) with Investonaire Academy to train the youths.
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The Director of Information and Public Relations, Federal Ministry of Youth Development, Omolara Esan disclosed this in a statement on Tuesday.
The MoU will see Nigerian youths equipped with practical skills in forex trading, risk management, and financial literacy, to prepare them to actively participate in the global financial ecosystem.
The Minister of Youth Development, Ayodele Olawande, while speaking at the signing, described the initiative as a strategic step toward empowering young people with digital and entrepreneurial skills that can yield long-term benefits for both individuals and the economy.
Olawande said, “This partnership reflects our strategic vision for sustainable youth development.
“Beyond trading, we’re teaching our youths to think critically, embrace digital tools, and seize global opportunities to build wealth and contribute meaningfully to the Nigerian economy.”
The minister further emphasised that initiatives like this provide a credible route to financial independence and entrepreneurial resilience in a time of economic uncertainty.
He said, “This MoU is not just a formality. It is a commitment to action. We will ensure transparent, measurable outcomes that genuinely impact the lives of young Nigerians.”
On his part, the International Programme Director of Investonaire Academy, Dr. Enefola Odiba, expressed optimism about the collaboration, noting that it targets not just skill acquisition but also economic empowerment.
Odiba said, “Youths are the backbone of any nation. When empowered, they become catalysts for innovation and growth. This initiative is designed to bridge the socio-economic divide and unlock the immense potential of our young people.”
He emphasised that the program aligned with the Federal Government’s broader push for digital inclusion, economic diversification, and innovative capacity-building.
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The ministry further reaffirmed its commitment to ensuring that this initiative is rolled out with transparency, excellence, and tangible results, positioning Nigeria’s youths as active players in the global economy.
