Maryam Aminu
In a strategic effort to tackle youth unemployment and foster digital financial inclusion, the Federal Government of Nigeria has partnered with Investonaire Academy to train 100,000 Nigerian youths annually in foreign exchange (Forex) trading.
The Memorandum of Understanding (MoU), signed in Abuja under the supervision of the Federal Ministry of Youth Development, aims to equip young Nigerians with practical knowledge in Forex trading, risk management, and financial planning critical tools for participating in the global digital economy.
Minister of Youth Development, Comrade Ayodele Olawande, hailed the partnership as a forward-thinking initiative that would empower Nigerian youths through skill-building and innovation.
“This partnership reflects our strategic vision for sustainable youth development,” Olawande said at the signing ceremony. “Beyond trading, it equips our young people with critical thinking, digital competence, and a mindset for global wealth creation.”
He underscored the importance of entrepreneurial resilience and financial independence in today’s evolving economy and commended Investonaire Academy’s commitment to youth advancement.
Olawande also promised that the Ministry would uphold transparency and ensure that the program delivers measurable impact.
“This MoU is not just a formality it is a call to action. We are committed to results that genuinely transform lives,” he said.
Dr. Enefola Odiba, International Programme Director at Investonaire Academy, welcomed the collaboration, describing it as a powerful tool to reduce socio-economic inequalities and promote digital empowerment.
“Youth are the backbone of any thriving economy,” said Dr. Odiba. “With the right skills and exposure, they can become agents of innovation and growth. This initiative is about unlocking that potential and bridging the opportunity divide.”
The training initiative aligns with the Federal Government’s broader agenda for digital inclusion, economic diversification, and 21st-century capacity building.
The Ministry confirmed that the rollout will be guided by principles of transparency, excellence, and impact, ensuring Nigerian youths are prepared to thrive in a competitive global landscape.