The federal government has launched a forex training program for 100,000 young Nigerians each year.
The initiative aims to boost digital skills and promote financial independence through strategic collaboration.
In a bold step to address Nigeria’s rising youth unemployment, the federal government has rolled out a nationwide forex trading training program targeting 100,000 young Nigerians every year.
The initiative, launched in collaboration with Investonaire Academy, aims to equip youths with vital financial skills that will prepare them for success in the global digital economy. Transparency and measurable outcomes have been promised to ensure real impact.
The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 Nigerian youths annually in foreign exchange (forex) trading as part of a sweeping initiative to curb unemployment and deepen financial inclusion across the country.
The program will provide participants with hands-on training in forex trading, risk management, and financial literacy, empowering them to actively participate in the global financial market. According to the Federal Ministry of Youth Development’s Director of Information and Public Relations, Omolara Esan, this partnership is designed to close the digital skills gap and foster entrepreneurial development.
Youth Minister hails digital shift
At the official MoU signing, Minister of Youth Development Ayodele Olawande described the initiative as a strategic response to Nigeria’s unemployment challenge and a boost for digital entrepreneurship.
“This partnership reflects our strategic vision for sustainable youth development. Beyond trading, we’re teaching our youths to think critically, embrace digital tools, and seize global opportunities to build wealth and contribute meaningfully to the Nigerian economy,” Olawande said.
He added that in the face of economic uncertainty, such programs offer young Nigerians a pathway to financial independence and long-term resilience. He assured the public that the MoU isn’t a ceremonial gesture but a call to action backed by a commitment to transparency and tangible results.
Investonaire Academy: Driving innovation and inclusion
Speaking on behalf of Investonaire Academy, International Program Director Dr. Enefola Odiba emphasized that the academy is fully committed to empowering Nigerian youth through high-quality financial education.
“Youths are the backbone of any nation. When empowered, they become catalysts for innovation and growth. This initiative is designed to bridge the socio-economic divide and unlock the immense potential of our young people,” Odiba stated.
He also noted that the training aligns with the federal government’s digital inclusion goals, helping to diversify Nigeria’s economy while fostering a culture of innovation and entrepreneurship. The program will not only teach technical forex skills but also focus on building financial discipline, strategic thinking, and digital adaptability among participants.
Focus on transparency and impact
The Ministry of Youth Development reiterated that this project would be monitored closely to ensure quality delivery and impact. The government plans to implement a transparent selection and training process, with measurable benchmarks to track progress and effectiveness.
Officials believe this program has the potential to transform Nigeria’s youth workforce, enabling thousands to gain relevant skills and become active contributors to both local and international markets. The ultimate goal is to position Nigerian youths at the forefront of financial innovation and economic development.
Economic relevance beyond the classroom
The forex training initiative is more than just a skills program; it’s a part of a broader economic agenda. It aims to create a generation of financially literate and digitally savvy entrepreneurs who can thrive in a competitive global environment.
By focusing on digital empowerment, entrepreneurship, and economic self-reliance, the partnership signals a new direction in Nigeria’s approach to youth development. It’s a move away from passive job-seeking toward active value creation in the financial and digital sectors.
