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Tinubu orders reform of N-Power scheme

By Segun Adewole
25 January 2025   |   1:28 pm
President Tinubu has mandated a reform of the N-Power Scheme to enhance its productivity and impact. According to presidential aide, Dada Olusegun, in a post on X, the reform aims to connect youths through training and also link them directly to the market space and private sector, ensuring that acquired skills translate into viable job…

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President Tinubu has mandated a reform of the N-Power Scheme to enhance its productivity and impact.

According to presidential aide, Dada Olusegun, in a post on X, the reform aims to connect youths through training and also link them directly to the market space and private sector, ensuring that acquired skills translate into viable job opportunities.

Olusegun said over 100,000 items have been procured to empower youths across the country.

He said the President has also 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,” he said.

The presidential aide added that 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 fulfil the Renewed Hope agenda,” he concluded.

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