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 and related financial skills.
The disclosure was contained in a statement issued on Tuesday by Omolara Esan, Director of Information and Public Relations at the Federal Ministry of Youth Development.
The agreement, signed in Abuja, aims to equip participants with practical knowledge in forex trading, risk management, and financial planning.
The statement noted that the initiative forms part of the government’s broader efforts to reduce youth unemployment and promote financial and digital inclusion.
“In a bold move to tackle youth unemployment and promote financial inclusion, the Federal Government of Nigeria has signed a strategic Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 young Nigerians each year in the dynamic field of foreign exchange (Forex) trading.
“The agreement, formalized in Abuja, is set to equip Nigerian youth with practical skills in Forex trading, risk management, and financial planning; empowering them to navigate and thrive in the global financial marketplace,” the statement read in part.
The Minister of Youth Development, Comrade Ayodele Olawande, hailed the initiative as a major milestone in the Ministry’s ongoing efforts to promote youth empowerment through capacity building and innovation.
At the signing ceremony, he described the partnership as a reflection of the Ministry’s strategic vision to foster critical thinking, enhance digital literacy, and expand access to global opportunities for young Nigerians.
(Nairametrics)
