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.

Congress For National Consensus     Samuel Adedoyin     David Oyerinola Adedunmoye     Mahfouz Adedimeji     Marafan Shonga     Kale Bayero     Raheem Adaramaja     AbdulRazaq Jiddah     Yusuf Ali     Oni Adebayo     Modibo Kawu     Mohammed Abduraheem     Olatunji Ayeni     Galadiman Ngeri     Abubakar Aliagan     Afusat Nike Ibrahim     Emmanuel Olatunji Adesoye     Sobi FM     Pius Abioje     Awili Pedro     Council Of The Wise     Siraj Oyewale     Ifelodun     Gbadeyan Gbadura Yomi     Edret Sabi Abel     Modupe Oluwole     Read With Me     Balogin Alanamu     Abubakar Bature Sulu-Gambari     Yakubu Dogara     Isiaka Saka Opobiyi     Baboko Primary School     Monthly Sanitation Exercise     Adolescent Girls Initiative For Learning And Empowerment     Olajumoke Monsura Gafar     Salman Alada     Bolakale Ayo     Aishatu Ahmed Gobir     Haliru Yahaya     Illyasu Abdullahi     REO CAKES     Ilorin Metro Park     Kisra     Yakubu Mohammed Abdullahi     Islamic Development Bank     Raji AbdulRasaq     MATTA Girls Foundation     Olushola Saraki     Hassan Taiye Salam     Memunat Monsuma     Tanke Flyover Bridge     Lanre Issa Onilu     Bilikis Oladimeji     Emir Of Kano     Bayo Ajia     Mohammed Abdulahi     Babs Iwarere     New Model Police Station     Alfa Modibo Belgore     NaAllah     Sheikh Alimi     Mohammed Ajia Ibrahim     Albert Ogunsola     Mahee Abdulkadir     Kunbi Titiloye     Haashim Initiative For Community Advancement     Isiaka Abdulrazak     Rex Olawoye     Abdulquawiy Olododo     Overland     EndSARS     Tafida Of Ilorin     SWAN     Zara Umar     Abraysports FC     Baba Isale     Bature Bello    

Cloud Tag: What's trending

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

Funmilayo Oniwa     Majlis For Sadakah, Zakat And Waqf     Abdulraufu Mustapha     Code Of Conduct Tribunal     Centre For Community Empowerment And Poverty Eradication     Okanlawon Taiwo     Abdulkadir Akanbi-Oke     Ajeigbe     Erubu Oba Zubair     Shao     Chief Imam Of Omu-Aran     Federal Polytechnic Offa     Abubakar Imam     Ileloke     Kwara Consultative Forum     Kale Ayo     Osuwa     Buari Edun     Charcoal     Arik     Timothy Olatunde Fadipe     Bello Abubakar     Christopher Ayeni     Apado     Ajia-Bako     Odolaye Aremu     NIPOGA     All Peoples Party     Isapa     Ola Falade     Okiki     Quareeb     Sadiq Buhari     David Oyepinola Adedumoye     Abubakar Kawu Baraje     Abdulkareem Alabi     Abdulkadri Ahmad Alaiye     Ilorin Descendants Progressive Union     Mohammed Saidu     Yoonus Lawal     Balogun-Ojomu     Jebba     Saad Omo Iya     Oloye     Toyosi Thomas     Nagode     Woro     Maimunat Oloriegbe     Yusuf Lanre Badmas     Saliu Alamoyo     John Olobayo     Bilikisu Gambari     Mahmud Ayinla Giwa     Yahaya Seriki     NURTW     Suleiman Mora Omar     Rachael Obisesan     Esinrogunjo     Shonga     Mohammed Ibrahim     New Model Police Station     IHS Towers     Doyin Awoyale     Vasolar     Olatunji Bamgbola     Bello John Olanrewaju     Kamaldeen Kehinde     Baaziki Sulaiman     Olokoba Abdullahi Ayinla     Nupe     Ridhwanullah Al-Ilory     Kwara Poly     Kunbi Titiloye     Rebecca Bake     Belgore     Femi Ogunsola     Simeon Sayomi