President Bola Ahmed Tinubu has directed a comprehensive reform of the N-Power scheme to improve its effectiveness and ensure its impact is felt across Nigeria.
This was disclosed by the Minister of Humanitarian Affairs and Poverty Alleviation, Nentawe Yilwatda, and reinforced by Dada Olusegun, Tinubu’s Social Media Assistant.
The reform aims to directly connect Nigerian youths to the market and private sector, ensuring that skills acquired through the program translate into sustainable employment opportunities. Over 100,000 items have already been procured to empower youths nationwide as part of the initiative.
In a post on X (formerly Twitter) on Saturday, Olusegun stated, “The reform connects youth not only through training but also by linking them directly to the market space and private sector, ensuring acquired skills translate into viable job opportunities.”
Additionally, President Tinubu has approved ₦32.7 billion for implementing the National Social Investment Program in 2025. This program includes providing low-interest cooperative loans ranging from ₦300,000 to ₦400,000 to Nigerians, particularly women and youths, to help them launch or expand small businesses.
“The initiative aims to empower vulnerable Nigerians by enabling them to improve their livelihoods through small business ventures,” Olusegun noted.
The administration emphasized that these efforts align with the #RenewedHope Agenda, promising that 2025 will bring rewards for Nigerians who have endured economic reforms under Tinubu’s leadership.
