The Federal Government 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 came during the FEC meeting, presided over by President Muhammadu Buhari at the presidential Villa, Abuja.
Addressing State House Correspondents after 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 noted that the training which is planned to last for nine months, will enable the beneficiaries assemble, repair and maintain electronic products such as mobile phones, competing devices, among others.
According to the minister, the programme is open to all unemployed youth, irrespective of their educational background.
While noting that the training of each of the beneficiaries will cost, N259,000, the Minister said the beneficiaries would be given working tool of N207,000, at the end of the training.
As he puts it: “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.”
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