By DAYO ADESULU
Forex training has been adopted in a decisive move to tackle unemployment and promote financial inclusion among Nigerian youth, stated the Federal Government. Thus the Federal Government of Nigeria signed a Memorandum of Understanding (MoU) with Investonaire Academy. This landmark agreement aims to train 100,000 Nigerian youths annually in forex trading, risk management, and financial literacy.
The collaboration in forex training was announced on Tuesday in a statement released by the Director of Information and Public Relations at the Federal Ministry of Youth Development, Omolara Esan. The MoU was formally signed on Monday in Abuja.
Empowering Youths with Digital and Entrepreneurial Skills
Speaking at the signing ceremony, Minister of Youth Development, Ayodele Olawande, emphasized the importance of the forex training initiative. According to him, this is a strategic step toward empowering young Nigerians with vital digital skills that are relevant in today’s global financial ecosystem.
- $TRUMP Memecoin: Donald Trump Faces Crypto Corruption Allegations
- https://www.thecheernews.com/cbn-announces-new-forex-trading-guidelines-minimum-trade-amount-set-at-100000/
“This partnership reflects our long-term vision for sustainable youth development. Beyond forex trading, we are equipping our young people to think critically, embrace technology, and seize international economic opportunities,” Olawande said.
He further noted that in an era of economic uncertainty, initiatives like the Nigeria youth forex training programme can pave the way for financial independence and self-reliance.
A Vision for Financial Inclusion and National Growth
The ministry stated that the Nigeria youth forex training programme will go beyond technical education. It will promote innovation, encourage entrepreneurial resilience, and contribute meaningfully to national economic growth.
“This MoU is not just a ceremonial act; it is a commitment to measurable action,” Olawande declared. “We will ensure transparency, monitor progress, and track outcomes that genuinely transform the lives of young Nigerians.”
Investonaire Academy Backs Inclusive Economic Development
On his part, Dr. Enefola Odiba, International Programme Director of Investonaire Academy, expressed optimism about the programme. He described the partnership as a well-thought-out plan to reduce unemployment and foster inclusive economic development.
“Youths are the heartbeat of any nation. Once empowered, they evolve into catalysts for innovation and sustained growth,” Dr. Odiba said. “The Nigeria youth forex training initiative will bridge existing socio-economic gaps and unleash the latent potential in our young people.”
Odiba explained that the programme will cover practical forex training, financial market analysis, and strategic decision-making. It also aligns with the government’s broader agenda for digital literacy, economic diversification, and capacity-building in high-demand industries.
Promoting Youth Inclusion in the Global Financial Space
According to the Ministry of Youth Development, the initiative of forex training is part of a bigger picture: integrating Nigerian youths into the global economy. With the right training, young Nigerians can participate actively in foreign exchange markets and other digital finance sectors.
Government officials believe this programme will foster innovation, entrepreneurship, and job creation. It is expected to reduce the reliance on government jobs by nurturing a new generation of independent, financially literate entrepreneurs.
Monitoring, Evaluation, and National Impact
To ensure effectiveness, the ministry revealed that a dedicated monitoring and evaluation framework will be deployed. The goal is to measure the success rate, employment outcomes, and financial literacy growth among participants.
“This isn’t just a one-off training event,” Olawande reiterated. “We are building a system that will deliver results year after year. Youth development isn’t a slogan—it’s an economic strategy.”
The Ministry further confirmed that the programme will operate across Nigeria’s six geopolitical zones to promote inclusivity and regional equity. Application procedures and rollout timelines are expected to be announced soon.
Conclusion: A Strategic Step Toward Economic Resilience
With this initiative, the Nigerian government has demonstrated its commitment to solving youth unemployment through innovation, education, and digital empowerment. The partnership with Investonaire Academy places Nigeria on the path toward a more financially independent and technologically skilled youth population.
#NigeriaYouthForexTraining, #ForexTradingNigeria, #YouthEmpowerment, #DigitalSkillsNigeria, #FGEmpowersYouth, #Investonaire,
