Fed Govt to Train 100,000 Youths on Financial Literacy and Investment Skills

The Federal Government has announced plans to train 100,000 Nigerian youths on financial literacy and investment skills. The initiative is aimed at equipping young people with the knowledge and tools needed to make better financial decisions, build wealth, and contribute positively to the nation’s economic development.

The programme, according to government officials, is part of broader efforts to empower the youth population, reduce unemployment, and promote entrepreneurship. By giving young Nigerians the skills to manage money, understand investments, and avoid financial pitfalls, the government hopes to create a generation that is financially independent and capable of driving sustainable growth.

The training will cover critical areas such as personal budgeting, saving culture, debt management, and understanding financial products like loans, insurance, and pensions. It will also include sessions on entrepreneurship, investment in small businesses, and how to leverage opportunities in the stock market and digital economy.

Officials explained that one of the major challenges facing Nigerian youths today is a lack of proper financial education. Many graduates leave school without knowledge of how to manage income, build credit, or invest wisely. This often leads to financial mistakes, debts, and an overdependence on unstable jobs. By addressing this gap, the government believes young people can be better prepared for the realities of modern economic life.

The programme will be implemented in collaboration with financial institutions, investment experts, and technology platforms. The private sector is expected to play a key role by providing trainers, mentorship, and digital tools to ensure that participants receive practical and hands-on learning experiences. International development partners are also being engaged to provide support in terms of funding and technical expertise.

A major highlight of the training is its emphasis on digital financial literacy. With the rise of fintech platforms, mobile banking, and online investments, the government wants young Nigerians to understand both the opportunities and risks of the digital economy. This includes lessons on how to use mobile money apps, avoid online scams, and participate responsibly in cryptocurrency and other digital assets.

The Minister in charge of the programme noted that empowering 100,000 youths with financial knowledge would have a ripple effect on families and communities across the country. He explained that financially literate individuals are more likely to start businesses, create jobs, and reduce dependency on government aid. This, in turn, will boost productivity, improve standards of living, and foster economic resilience.

Youth representatives have welcomed the initiative, describing it as timely and essential. They stressed that many young people struggle with money management because they lack proper guidance. The programme, they believe, will provide the much-needed foundation for them to build stable financial futures.

The government reassured the public that the training would be free of charge, with opportunities for participants to access mentorship and follow-up support even after the initial programme. Certificates of participation will be issued to successful candidates, which may also serve as an added advantage in job and business opportunities.

With over 60 percent of Nigeria’s population under the age of 30, the government is optimistic that investing in financial literacy and investment education will create a stronger, smarter, and more economically empowered youth population.