Politics
Nigerian govt re-creates N-Power scheme to accommodate 60,000 youths
The Federal Executive Council (FEC) on Wednesday approved a new scheme that is targeted at creating employment for 60,000 Nigerians aged 18-25 years.
This was announced by the Minister of Budget and Planning, Udoma Udoma while briefing State House correspondents at the end of the Federal Executive Council meeting in Abuja.
Mr Udoma said the new scheme called the N-Power knowledge multi-track youth empowerment programme, 12,000 unemployed or under-employed graduates aged 18-25 yrs will be trained and given relevant devices afterwards.
He added that the training will be on mobile computing and commonly used electronic devices under the National Social Investment Programme (NSIP), is open to all unemployed graduates.
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He also said after the training, each of the initial 12,000 selected and trained “will be empowered to train five other youth, leading to additional 60,000 jobs”.
According to him, the contract for the programme was awarded to Softcome Ltd working with the officials of NSIP.
The government is expected to spend N259,000 per youth on the training while an additional N207,000 will be spent for work tools.
He noted that the value of the programme is put at N5,595,669,250 with a completion period of nine months.
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