
The Federal Government intends to train 100,000 young Nigerians annually in foreign exchange (Forex) trading to help reduce youth unemployment and enhance financial inclusion.
The Federal Government intends to train 100,000 young Nigerians annually in foreign exchange (Forex) trading to help reduce youth unemployment and enhance financial inclusion.
— This initiative was announced by the Minister of Youth Development, Mr. Ayodele Olawande, during the signing of a Memorandum of Understanding (MoU) with Investonaire Academy in Abuja on Tuesday.
— Olawande explained that the program will provide participants with practical training in forex trading, risk management, and financial planning, preparing them to engage competitively in global financial markets.
— He described the initiative as a significant step in empowering Nigerian youth through skills development, innovation, and inclusion in the global economy.
“This collaboration reflects our strategic vision for sustainable youth development,” the minister stated. “We are not just teaching trading—we’re fostering critical thinking, digital skills, and wealth-building abilities that can meaningfully contribute to the economy.”
— Highlighting the initiative’s relevance amid current economic challenges, he emphasized that it presents a viable pathway to financial independence and entrepreneurship.
“This MoU is a pledge to genuine action,” he added. “We will ensure the process is transparent, results-driven, and impactful for our youth.”
— The minister reaffirmed the ministry’s commitment to executing the program with excellence and accountability, aiming to position Nigerian youth as competitive participants in the global economy.