In a landmark move to address youth unemployment and enhance financial inclusion, the Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with Investonaire Academy. This partnership will train 100,000 young Nigerians annually in forex trading, financial planning, and risk management, empowering them with essential skills for global financial markets.
The initiative was formally announced in Abuja and is a key part of the government’s strategy to upskill the youth and create sustainable pathways toward financial independence and digital literacy.
FG and Investonaire Academy Partner to Bridge Financial Skills Gap
The agreement was announced via a statement by Omolara Esan, Director of Information and Public Relations at the Federal Ministry of Youth Development. Under the new MoU, the government and Investonaire Academy will collaborate to provide hands-on training in forex trading and related financial disciplines, helping young Nigerians become competitive participants in the global economy.
This initiative is positioned to directly tackle key socio-economic challenges, including high youth unemployment, low financial literacy, and limited access to wealth-building tools.
Empowering Nigerian Youths with Practical Financial Skills
According to the statement, the training will focus on:
- Forex Trading Fundamentals
- Risk Management Strategies
- Personal and Corporate Financial Planning
- Entrepreneurial Mindset Development
These modules are designed to equip participants with in-demand financial skills and the ability to generate income through legitimate digital means.
Minister Olawande: “This Is a Bold Step Toward Youth Empowerment”
Speaking at the MoU signing ceremony, Minister of Youth Development Comrade Ayodele Olawande emphasised the transformative potential of the program.
“This partnership reflects our strategic vision to build critical thinking, enhance digital literacy, and expand access to global opportunities for Nigerian youth,” said Olawande.
He stressed that the program aligns with national efforts to foster innovation, promote self-employment, and reduce dependency on traditional job markets.
Investonaire Academy: “Youth Are the Backbone of the Nation”
Dr. Enefola Odiba, International Programme Director at Investonaire Academy, praised the Ministry’s forward-thinking approach and reiterated the academy’s commitment to youth development.
“By imparting relevant financial and digital skills, we are not only reducing unemployment but also nurturing the next generation of financially literate entrepreneurs and professionals,” he said.
The program is intended to bridge socio-economic gaps and provide young Nigerians with tools to thrive in both domestic and international financial ecosystems.
Transparent Implementation and Measurable Outcomes
To ensure accountability and effectiveness, the Ministry of Youth Development has pledged to implement the initiative with:
- Transparency in Selection and Training Processes
- Ongoing Performance Monitoring
- Measurable KPIs for Program Impact
- Public Reporting on Outcomes
This structured approach is aimed at delivering long-term value while ensuring participants receive globally relevant training.
A Game-Changer for Nigeria’s Youth and Economy
The partnership between the Federal Government and Investonaire Academy signals a major milestone in Nigeria’s youth empowerment agenda. By training 100,000 youths annually in forex trading and financial skills, the initiative could unlock a new wave of digitally fluent, financially independent Nigerians.
With unemployment rates still a challenge, this forward-thinking program presents an opportunity to equip the youth with lifelong income-generating skills, positioning Nigeria as a hub for digital finance talent across Africa.
