The Federal Executive Council (FEC) has approved a
new scheme that is targeted at creating employment for 60,000 Nigerians
aged 18-25 years.
This was announced Wednesday by the Minister of
Budget and Planning, Udoma Udoma while briefing State House
correspondents at the end of the meeting of the council chaired by
President Muhammadu Buhari.
Mr Udoma said the new scheme is called the N-Power knowledge multi-track youth empowerment programme.
He
said under the scheme, 12,000 unemployed or under-employed graduates
aged 18-25 yrs will be trained and given relevant devices afterwards.
He also said the training will be on mobile computing and commonly used electronic devices.
Mr
Udoma said the programme, which will be run under the National Social
Investment Programme (NSIP), is open to all unemployed graduates.
He
also said after the training, each of the initial 12,000 selected and
trained “will be empowered to train five other youth, leading to
additional 60,000 jobs”
He said the contract for the programme was awarded to Softcome Ltd working with the officials of NSIP.
The
minister also said the federal government will spend N259,000 per youth
on the training while an additional 207,000 will be spent for work
tools.
He put the value of the programme at N5,595,669,250 with a completion period of nine months.