*The Federal Government says the revamped N-Power Programme will not only provide training for young Nigerians but also establish direct links between participants and the market for the create wealth and add value to the national economy

Isola Moses | 绿帽献妻

As part of ongoing efforts at enhancing youth empowerment opportunities and economic growth in Nigeria, President Bola Ahmed Tinubu has initiated a comprehensive reform of the N-Power programme.

绿帽献妻 reports the overarching objective of the initiative is to equip young Nigerians with practical skills that lead to real job opportunities, particularly in the private sector of the economy.

It is recalled that President Bola Ahmed Tinubu, in 2024, had suspended N-Power initiative and other National Social Investment Programmes as a result of alleged misappropriation of funds in the then Federal Ministry of Social Investment and Poverty Alleviation.

Mr. Dada Olusegun, Special Assistant (SA) to the President on Social Media, who disclosed this development via his verified social media account, explained the revamped N-Power programme would not only provide training but also establish direct links between participants and the market.

In supporting this initiative in view of the restructuring, over 100,000 work-related materials have been procured to facilitate job placements and business startups in the West African country.

It is also noted that as part of this transformation, President Tinubu has allotted N32.7 billion for National Social Investment Programme in 2025.

It was learnt the latest funding would introduce “cooperative clusters”, offering low-interest loans between N300,000 and N400,000 to help aspiring entrepreneurs and small business owners scale up their ventures.

According to Dada, the reform of the programme aligns with the administration鈥檚 #RenewedHopeAgenda, designed to uplift vulnerable groups, especially women and youth, by providing financial support and sustainable business opportunities.

The Federal Government seeks to ease off economic hardships and empower more Nigerians to achieve financial independence and add more value to the economy.