Federal Government and Investonaire Academy Partner to Launch Nationwide Forex Trading Training for 100,000 Nigerian Youth Annually
The Federal Government of Nigeria has formalized a strategic Memorandum of Understanding (MoU) with Investonaire Academy, initiating a comprehensive training program that will empower 100,000 young Nigerians annually with valuable skills in foreign exchange (Forex) trading. The agreement, signed in Abuja, marks a significant step towards addressing youth unemployment, fostering financial literacy, and promoting broader economic inclusion across the nation.
This initiative aims to equip participants with the practical knowledge and expertise necessary to navigate the complexities of Forex trading, master effective risk management strategies, and develop sound financial planning skills. By providing these essential tools, the program seeks to enable young Nigerians to actively participate in the global financial market and enhance their economic prospects.
During the MoU signing ceremony, the Minister of Youth Development underscored the importance of this partnership, highlighting its role in the Ministry’s strategic efforts to empower young Nigerians through capacity building, the acquisition of in-demand digital skills, and increased access to global economic opportunities. The Minister emphasized that the training program extends beyond the potential for financial gain, fostering critical thinking skills and promoting economic self-reliance among participants.
“In the current economic climate, this partnership provides a viable pathway to financial independence and resilience for our youth,” the Minister stated, reaffirming the government’s dedication to achieving measurable outcomes and delivering tangible impact through this initiative.
The International Programme Director, representing Investonaire Academy, expressed enthusiasm for the collaborative effort, describing it as a timely and strategic intervention designed to bridge the socio-economic gaps currently affecting many Nigerian youth. The Director emphasized the critical importance of financial literacy and digital competence as essential tools for unlocking innovation and driving sustainable economic growth.
“Youth are the driving force behind national development. By equipping them with the right tools and knowledge, we can unlock a wave of progress that uplifts communities and transforms the economy,” the International Programme Director remarked.
This program is fully aligned with the Federal Government’s broader strategic goals, including economic diversification, digital inclusion, and job creation. The Ministry has pledged to ensure a transparent and results-driven rollout of the program, ensuring that Nigerian youth are not only trained but also strategically positioned to become active and contributing members of the global digital economy.