The Federal Executive Council (FEC) on Wednesday approved N5.5bn for the training of 12,000 unemployed youth in the country under the N-Power social intervention programme.
The approval was granted during the FEC meeting, presided over by President Muhammadu Buhari at the presidential Villa, Abuja.
Briefing State House Correspondents at the end of the meeting, the Minister of Budget and National Planning, Udoma Udoma, said the youth would be selected from the six geo-political zones of the country.
He said the training which will last for nine months, will enable the beneficiaries assemble, repair and maintain electronic products such as mobile phones, competing devices, among others.
Udoma, said the programme was open to all unemployed youth, irrespective of their educational background. He said the training of each of the beneficiaries will cost, N259,000.
At the end of the training tagged, “N-power knowledge multi track youth empowerment programme”, the minister said the beneficiaries would be given working tool of N207,000.
” Each of the 12,000 beneficiaries will train five others, making a total of 60,000. The idea is to make our youth entrepreneurs, employing others,” he said.
The contract is awarded to Softcom limited.
The Nigeria Police late Saturday confirmed its operatives were at the residence of Timi Da…