Over N840m invested into KWARA economy in six months through N-Power scheme - SSA

Date: 2017-08-06

The Senior Special Assistant to the President on Job Creation and Youth Employment , Mr Afobabi Imoukhuede says over eight hundred and forty million Naira has been invested into the economy of KWARA state in the last six months through the N-Power programme of the Federal Government.

According to him , volunteers of the scheme in the state which presently stood at four thousand , six hundred and fifty seven are paid one hundred and forty million Naira monthly as stipends.

Mr Imoukhuede disclosed these in Ilorin , the kwara state capital while featuring on a Radio KWARA personality interview programme Playing Host.

According to him , in KWARA state alone , five thousand , five hundred and fifty nine opportunities were allocated to the volunteers but after physical verification five , two hundred and seven of them qualified while out of this figure, four thousand, six hundred and fifty seven have received their stipends from January to date.

The Senior Special Assistant also explained that about six billion Naira investment goes into the economy of the country every month from the Social Investment Programmes of the Federal Government in all the communities in the federation amounting to Forty two billion Naira in the past seven months.

He stated that it is the first time in the history of this country for any government to set aside a budget as high as five hundred billion Naira to get people out of unemployment and poverty stressing that the N-power programme has imparted and touched the lives of the Nigerian masses.

Mr Imoukhuede noted that the unemployment ratio among the Nigerian Youth which is in the bracket of eighteen and about forty is about forty eight percent which he described as ridiculously high and troubling and therefore the need for government to urgently address the issue.

According to him , the nation's unemployment rate as a country moved from fourteen point three percent in the last quarter of last year due the the economic recession that set in and assured that everything is been done by the present administration to overcome the hard times Nigerians are facing .

He disclosed that the N-Power and other Social Investment programmes of the government are not based on political party basis as those in charge of the programme have partnered with the various state governments across the federation and the Bank of Industry to take care of volunteers and other beneficiaries through soft loans.

Mr Imoukhuede therefore urged graduates and other unemployed youth in the country to key into the various scheme put in place by the government and also appealed to them to dream and embark in competence in whatever they do .

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Isapa     Ilorin General Hospital     Saadu Yusuf     Raji AbdulRasaq     Towoju     Muhammad Ghali Alaaya     Opolo Global Innovation Limited     Arik     Shola Odetundun     ER-KANG Mining Nigeria Company Limited     Femi Ogunsola     Isiaka Abdulrazak     Memunat Monsuma     Saidu Kawu     Olohungbebe     Ilesha-Gwanara     Ambassador Kayode Laro     Sheikh Alimi     Owo Arugbo     Mohammed Katsina Ahmed     Societe Generale Bank Of Nigeria     All Peoples Party     Bature Bello     Basic Education Certificate Examination     Bisi Oyeleke     Revenue Court     Mustapha AbdulGaniyu     Imam Gambari     Oyedun Juliana Funke     Ekweremadu     Yahaya Jibril Usman     07039448763     Yusuf Abdulraheem     Chief Imam Of Lafiagi     Abubakar Atiku     General Tunde Idiagbon International Airport     Baruba     Ronke Adeyemi     Olokoba Sulyman     Tsaragi/Share     Haruna Olawale Sulaiman     Abdulrosheed Okiki     Bio Ibrahim     Kunbi Titiloye     Osinbajo     George Funsho Adebayo     Oluronke Adeyemi     Tuesday Assayomo     Ayo Opadokun     Razaq Atunwa     Olupako Of Share     Susan Modupe Oluwole     Alabi Lawal     Jimoh Saadudeen Muhammed     Pakata     Naira Redesign     Iqra Books     Funmilayo Braithwaite     2023 Elections     Sobi FM     Baba Adini Of Kwara State     Hausa     Abdulazeez Uthman     Kale Belgore     George Innih     Shuaib Abdulkadir     Hassanat Bello     Ilorin Curfew     Wasiu Odewale     Dasuki Belgore     EndSARS     College Of Health     Sodiya     Post-utme     Muritala Awodun     Owo Isowo     Kwara State Governor    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Tescom.kwarastate.gov.ng     ITEM 7     Bolaji Aladie     Yahaya Abdulkareem Babaita     Kisira     Mutawali     Amina Susa\'a De Ahmed     Mohammed Saidu     Magaji Nda     Idi-Ape     Special Agro-Industrial Hub     Bayo Onimago     Abdulfatai Ahmed     Aminat Ahmed     Abdulganiy Abimbola Abdussalam     Sarkin Malamai     Olabimpe Olani     Hussein Oloyede     Tayo Awodiji     Curfew     07039448763     New Model Police Station     Ilorin Anchor Men And Women     Habeeb Abdullahi Al-Ilory     Hussein Olokooba     Christopher Ayeni     Atiku Abubakar     Sulaiman Gado     Lithium     Senate Presidency     Raji AbdulRasaq     Kwara Metro Park     Government High School (GHS), Adeta     Risikat Lawal     Abdulsalam A. Yusuf     Muyiwa Oladipo Kanu     Mamatu Abdullahi     Imam Gambari     Agor Market     Madawaki Of Ilorin     Toun Okewale-Sonaiya     Tunji Folami     Tinubu     Zara Umar     Gambari     Frootify     UNILORIN Alumni     Jimoh Olusola Imam     Egbejila     Yahaya Dumoye     Hijab     TESCOM     Rasheed Jimoh     Adamu Atta     2017 Budget     Moses Adekanye     Okanlawon Taiwo     Kulende     Haleeman Salman     Lucky Omoluwa     Oba Abu     Eruku     Ileloke     Bukola Saraki     Arinola Fatimoh Lawal     Atiku     Just Law Forum     Rotimi Oyedepo     Chartered Institute Of Personnel Management Of Nigeria     KWIRS     Bashirat Bola Bello     Bello Oyedepo     Abdullahi Adisa Akodudu     Shururat Olatinwo     Baruten     Facemasks     Kwara-SAPZ Project