Latest Update for NIYEEDEP Program Today 07 February 2025
The latest update on the Nigerian Youth Economic Engagement and De-Radicalization Programme (NIYEEDEP) indicates significant developments aimed at addressing youth unemployment, poverty, and de-radicalization in Nigeria.
Here are the key points based on recent information:
Job Creation: The Federal Government, in collaboration with NIYEEDEP, has set an ambitious goal to create 20 million jobs for youths over the next 24 months. This initiative is part of a broader strategy to foster economic development, with a special focus on sectors like agriculture, technology, entertainment, and renewable energy.
Youth Farmers’ Cooperative Scheme: One of the flagship initiatives under NIYEEDEP is the creation of 12 million youth farmers within the first two years. This scheme aims to boost food security, combat unemployment, and promote agri-food entrepreneurship, with recruitment starting on December 9, 2024.
Partnerships: NIYEEDEP is a collaborative effort between the Federal Ministry of Youth Development and the Nigerian Senate, specifically through its Committee on Sports Development. Key figures like Comrade Kennedy Iyere as Coordinator-General, and Senator Ned Munir Nwoko as Coordinating Chairman, have been instrumental in its launch and execution.
Economic Platforms: The program seeks to provide economic platforms for youths to become job creators, not just job seekers. It emphasizes entrepreneurship revolution across various sectors, including initiatives like Food4All, Waste2Wealth, Arts4Money, Tech4Jobs, and Mentee2CEO.
Public Engagement: There have been public unveilings of action plans, with the latest being the "NIYEEDEP Plan of Action for 2025/2027" in Abuja, where the Minister of Youth Development, Ayodele Olawande, called on Nigerian youths to support President Bola Ahmed Tinubu's administration in building a prosperous nation.
Support from Financial Institutions: Fidelity Bank Plc has been announced as one of the partner banks for NIYEEDEP, aiming to empower 6 million youths specifically in areas like agriculture, tech, and renewable energy, as noted in various posts on X.
Application and Participation: There are ongoing calls for applications, with details on how to apply being disseminated through various channels, including social media platforms like X, where users are encouraged to participate in this transformative program.
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