FG Launches Ambitious Plan to Train 100,000 Youths Annually in Forex Trading to Combat Unemployment
In a bold move to curb youth unemployment and foster financial inclusion, the Federal Government has unveiled plans to train 100,000 Nigerian youths every year in foreign exchange (Forex) trading.
Minister of Youth Development, Mr. Ayodele Olawande, announced the initiative on Tuesday during the official signing of a Memorandum of Understanding (MoU) with Investonaire Academy—the institution selected to conduct the training—in Abuja.
According to Olawande, the program will provide participants with practical skills in forex trading, risk management, and financial planning, enabling them to compete effectively in the global financial market.
“This partnership is a major milestone in our commitment to empowering Nigerian youth through skill acquisition, innovation, and access to global economic opportunities,” he said.
Highlighting the broader objectives of the initiative, the minister emphasized: “We’re not just teaching trading—we’re cultivating critical thinking, digital competence, and wealth-building skills that can contribute meaningfully to the economy.”
Olawande stressed the program’s relevance in addressing the nation’s economic challenges, describing it as a pathway to financial independence and entrepreneurship. “This MoU is a commitment to real action,” he added.
He also assured the public of a transparent, result-oriented implementation process that will deliver meaningful outcomes. “We are committed to excellence and accountability in executing this program and in positioning Nigerian youth as global economic players,” the minister concluded.
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