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Home Economy And Business

BREAKING: President Tinubu Reintroduces Npower Scheme, Directs Immediate Reforms

the Minister of Humanitarian Affairs and Poverty Alleviation, Nentawe Yilwatda.

by NewsOnline Nigeria
January 26, 2025
in Economy And Business, Headline
0
Npower

President Tinubu has reportedly reintroduced the Npower Scheme and directed immediate reforms to enhance the poverty alleviation program.

 

NewsOnline Nigeriareports that President Bola Ahmed Tinubu has mandated a reform of the N-Power scheme to enhance its productivity and impact.

 

This was disclosed by the Minister of Humanitarian Affairs and Poverty Alleviation, Nentawe Yilwatda.

 

He said the reform will connect youths directly to the market space and private sector, ensuring that acquired skills translate into viable job opportunities.

 

ALSO: EFCC Under Public Scrutiny As Officers Loot Exotic Recovered Fraud Items, Money

 

In a post on X on Saturday, Tinubu’s Social Media Assistant, Dada Olusegun, said over 100,000 items have been procured to empower youths across the country.

 

He wrote: “The reform aims to connect youth not only through training but also by linking them directly to the market space and private sector, ensuring that acquired skills translate into viable job opportunities.

 

“To support this, over 100,000 items have been procured to empower youth across the country.

 

“In addition the minister also confirmed that President Tinubu has approved a sum of N32.7bn for the implementation of the National Social Investment Program in 2025.

 

“Through cooperative clusters, Nigerians will benefit from low interest credits of N300,000-400,000.

 

“The initiative aims to empower vulnerable Nigerians, particularly women and youth, by enabling them to launch or expand small businesses, thus improving their livelihoods.⁠

 

“2025 promises to be a year of rewards for all Nigerians who have had to go through ongoing economic reforms as the administration seeks to fulfill the #RenewedHope Agenda.”

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