FG to Train 100,000 Nigerian Youths in Financial Literacy and Forex for Wealth Creation

The Federal Government has unveiled a groundbreaking initiative to train 100,000 Nigerian youths annually in financial literacy, investment, and wealth creation, the Minister of Youth Development, Mr. Ayodele Olawande, announced in Abuja. The program, launched in collaboration with Investonaire Academy, aims to equip young Nigerians with the skills and knowledge needed to achieve financial independence and entrepreneurial success.

Speaking at the inauguration of the National Financial Literacy, Investment and Wealth Creation Training Programme, Minister Olawande emphasized that financial literacy is no longer optional but a necessity in today’s rapidly evolving economy. He urged youths to think innovatively and explore diverse avenues for wealth creation beyond traditional government employment.

“As a minister, I envision a generation of young Nigerians who innovate, create jobs, and contribute to economic growth,” Olawande said. “We aim to reduce dependency on government employment and cultivate a nation of entrepreneurs and employers.”

The minister revealed that over 4,000 corps members would benefit from the program annually, receiving mentorship, resources, and practical support to succeed in business and investment ventures. He also highlighted plans to empower more than 200 startups before the end of the year, urging young innovators to seize the opportunity.

“A productive and prosperous nation is built on empowered youth. Many aspire to wealth, but it begins with the first step—learning financial literacy and applying it effectively,” Olawande added.

Sebastien Sicre, Chief Operating Officer of Investonaire Academy, explained that the global forex market alone trades over $8.5 trillion daily, underscoring the vast opportunities available in financial markets. “The market rewards value creation across all sectors—from entrepreneurship and trading to agriculture and skilled trades. The higher the value you create, the greater the reward,” Sicre noted.

He emphasized that knowledge and continuous learning are essential to commanding higher value in the market. “Distinct and sophisticated skills translate to higher market rewards, making education and training critical to financial success,” he said.

This initiative aligns with the government’s broader strategy to empower Nigerian youth, foster entrepreneurship, and strengthen the nation’s economic resilience through skill acquisition and wealth creation.