The Federal Government of Nigeria has signed a strategic Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 young Nigerians every year in foreign exchange (Forex) trading. The agreement, formalised in Abuja, aims to tackle youth unemployment while promoting financial literacy and inclusion.
The programme will equip participants with practical knowledge in Forex trading, risk management, and financial planning, enabling them to participate meaningfully in the global financial market.
Speaking at the MoU signing ceremony, the Minister of Youth Development described the initiative as a significant step in the Ministry’s drive to empower young Nigerians through capacity building, digital skills, and access to global opportunities. He stressed that the training goes beyond financial gain, as it instills critical thinking and promotes economic self-reliance.
“In a period of economic uncertainty, this partnership offers a pathway to financial independence and resilience for our youth,” he said, noting that the government remains committed to measurable outcomes and real impact.
Representing Investonaire Academy, the International Programme Director welcomed the partnership, describing it as a timely and strategic effort to close the socio-economic gap affecting many Nigerian youths. He stated that financial literacy and digital competence are essential tools for unlocking innovation and economic growth.
“Youth are the engine of national development. When we equip them with the right tools, we unleash a wave of progress that lifts communities and transforms the economy,” he said.
The programme aligns with the Federal Government’s broader goals of economic diversification, digital inclusion, and job creation. The Ministry also assured that the rollout will be transparent and results-driven, ensuring Nigerian youths are not just trained but positioned as active contributors in the global digital economy.
