Federal Government Approves N19 Billion for N-Power Beneficiaries and Other Initiatives
The Federal Government, on Monday, in Abuja, approved the total sum of N19.24bn for the training of 50,000 non-graduate N-power beneficiaries and the procurement of taxiway lighting system in the Port Harcourt, Lagos and Abuja airports. This significant allocation aims to empower Nigerian citizens through skill acquisition and development. The decision underscores the government’s commitment to improving employment opportunities and addressing socio-economic challenges across the country.Continue Reading>>>
In a move geared towards fostering national growth, the Nigerian government has demonstrated its dedication to investing in programs that uplift its citizens. As part of this commitment, N-Power, a renowned initiative focused on equipping Nigerian youth with valuable skills, will receive a substantial portion of the approved budget. The N19 billion allocation aims to bolster the effectiveness of the N-Power training scheme, enabling more individuals to access opportunities for personal and professional development.
The N-Power program, which falls under the National Social Investment Programme (NSIP), has been instrumenThe Ministers of Humanitarian Affairs, Social Development and Disaster Management, Sadiya Farouk, and her counterparts in the Ministries of Aviation, Education and Water Resources, revealed this to journalists after an extraordinary meeting of the Federal Executive Council presided over by Vice President Yemi Osinbajo at the State House, Abuja.Continue Reading>>>
Unemployment remains a pressing issue in Nigeria, particularly among the younger population. The government’s decision to allocate N19 billion for N-Power training and related programs demonstrates its proactive stance in tackling this challenge. By investing in skill development and vocational training, the government aims to equip individuals with the expertise needed to thrive in various sectors of the economy. Additionally, these efforts will contribute to reducing poverty and enhancing socio-economic stability across the country.
The success of the N-Power program relies on partnerships with government agencies, private organizations, and other stakeholders. By fostering collaboration among these entities, the Nigerian government seeks to maximize the impact of its initiatives. The approved budget will not only support the N-Power training scheme but also contribute to other programs aimed at youth empowerment, employment generation, and economic growth.
The Nigerian government’s approval of N19 billion for N-Power training and related programs signals a commitment to youth empowerment, skill development, and socio-economic progress. This allocation will expand the reach and effectiveness of the N-Power initiative, ultimately equipping more Nigerian youth with the necessary skills to succeed in the job market. Through sustained efforts and collaborative partnerships, the government endeavors to address unemployment challenges, reduce poverty, and foster economic growth across the country.
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Sources: Punch Newspaper
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