FG to train 100,000 youths yearly in forex trading
The Federal Government (FG) has announced its partnership with Investonaire Academy to train 100,000 youths annually in forex trading, as part of its efforts to tackle unemployment in the country.
This was disclosed in a statement on Tuesday by the Director of Information and Public Relations at the Federal Ministry of Youth Development, Omolara Esan.
The initiative follows the signing of a Memorandum of Understanding (MoU) between the Federal Government and Investonaire Academy on Monday in Abuja.
According to the agreement, young Nigerians will receive practical training in forex trading, risk management, and financial literacy, preparing them to participate actively in the global financial markets.
Speaking at the signing ceremony, the Minister of Youth Development, Ayodele Olawande, described the program as a strategic move to empower youths with digital and entrepreneurial skills that can transform both individual lives and the nation’s economy.
“This partnership reflects our strategic vision for sustainable youth development,” Olawande said. “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.”
He stressed that at a time of growing economic uncertainty, such initiatives offer a credible path to financial independence and resilience for many young Nigerians.
“This MoU is not just a formality. It is a commitment to action. We will ensure transparent, measurable outcomes that genuinely impact the lives of young Nigerians,” the minister added.
Also speaking at the event, the International Programme Director of Investonaire Academy, Dr. Enefola Odiba, expressed optimism about the partnership.
He stated that the program is designed not just to teach forex trading but to promote overall economic empowerment.
“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 said.
He further noted that the program aligns with the Federal Government’s broader goals of digital inclusion, economic diversification, and innovative capacity-building.
The Ministry of Youth Development emphasized its commitment to ensuring that the initiative is implemented with transparency and excellence, aiming for tangible results that position Nigerian youths as active players in the global economy.
