JUST IN: FEC approves new employment programme targetting 60,000 youth

President Buhari presiding over a FEC assembly by Novo Isioro
President Buhari presiding over a FEC assembly by Novo Isioro
The Federal Executive Council (FEC) has accredited a brand new scheme that’s focused at creating employment for 60,000 Nigerians aged 18-25 years

This was introduced Wednesday by the Minister of Budget and Planning, Udoma Udoma whereas briefing State House correspondents on the finish of the assembly of the council chaired by President Muhammadu Buhari.

Mr Udoma mentioned the brand new scheme is named the N-Power information multi-track youth empowerment programme.

He mentioned beneath the scheme, 12,000 unemployed or under-employed graduates aged 18-25 yrs can be skilled and given related gadgets afterwards.

He additionally mentioned the coaching can be on cellular computing and generally used digital gadgets.

Mr Udoma mentioned the programme, which can be run beneath the National Social Investment Programme (NSIP), is open to all unemployed graduates. 

He additionally mentioned after the coaching, every of the preliminary 12,000 chosen and skilled “will be empowered to train five other youth, leading to additional 60,000 jobs”

He mentioned the contract for the programme was awarded to Softcome Ltd working with the officers of NSIP. 

The minister additionally mentioned the federal authorities will spend N259,000 per youth on the coaching whereas an extra 207,000 can be spent for work instruments.

He put the worth of the programme at N5,595,669,250 with a completion interval of 9 months.