In a groundbreaking initiative aimed at reducing youth unemployment and promoting financial inclusion, the Federal Government of Nigeria has announced a strategic partnership with Investonaire Academy to train 100,000 Nigerian youths annually in Forex trading and financial literacy skills.

This landmark collaboration, formalised through a Memorandum of Understanding (MoU) in Abuja, is part of a bold plan to equip young Nigerians with practical, income-generating skills in the areas of foreign exchange (Forex) trading, risk management, and financial planning.

Bridging the Skills Gap with Digital and Financial Education

Speaking at the MoU signing ceremony, the Honourable Minister of Youth Development, Comrade Ayodele Olawande, described the initiative as a transformative step in the Federal Government’s mission to empower the youth through digital skills development and access to global economic opportunities.

“This partnership reflects our strategic vision for sustainable youth development,” said Comrade Olawande. “Beyond trading, we’re helping our youth develop critical thinking, embrace digital innovation, and seize global opportunities to build wealth and strengthen the Nigerian economy.”

With unemployment rates among Nigerian youth remaining a major national concern, this initiative comes at a pivotal time. It is designed to promote entrepreneurial resilience and create a new generation of financially independent young Nigerians.

Empowering Nigerian Youth Through Forex and Financial Literacy

Representing Investonaire Academy, Dr Enefola Odiba, International Programme Director, expressed optimism about the partnership, emphasising the urgent need for financial empowerment among young people.

“Youth are the backbone of any nation. When empowered, they become catalysts for innovation and growth,” Dr Odiba said. “This initiative is designed to bridge the economic gap and unlock the immense potential of our young people.”

He added that the programme aligns with national objectives around digital inclusion, economic diversification, and youth skills acquisition — critical components for long-term economic sustainability in Nigeria.

A Transparent and Results-Driven Youth Development Strategy

The Ministry of Youth Development has committed to ensuring the initiative is rolled out with transparency, excellence, and tangible results. The training programme will not only offer in-demand financial skills, but also help young Nigerians build careers in online trading, digital finance, and related sectors that drive the modern global economy.

By targeting Forex trading in Nigeria as a key skill area, the government is opening doors to global markets for Nigerian youths — positioning them as competitive players in international finance.

Why This Matters: Creating Sustainable Youth Empowerment in Nigeria

This initiative is more than just a skills training programme. It is a strategic investment in Nigeria’s future, aimed at creating job opportunities, fostering economic independence, and building a resilient generation capable of navigating the challenges of today’s digital and financial landscapes.

As the government and its partners move forward with implementation, the spotlight is now on delivering real impact — from classrooms to capital markets.

Source: Federal Ministry of Information and National Orientation