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.

Muazam Nayaya     Timothy Akangbe     PharmAccess Foundation     AGILE Programme     Kwara State Printing And Publishing Corporation     Toyin Falola     Olokoba Abdullahi Ayinla     Federal Allocation     Toyin Saraki     Saad Belgore     Abdulfatai Baakini     Saka Adeyemo     Kwarareports.com     Agboola Babatunde     Abdullahi Atanda     Shoprite     Frootify     KWTV     Niyi Ogundiran     Sidikat Akaje     National Association Of Nigerian Students     Mahee Abdulkadir     Gwanara     Oja-Oba     Special Agro-Industrial Hub     AbdulKareem Yusuf Danhawa     Onilupeju Of Ilupeju     Kanu Agabi     Marafan Shonga     Kwara Volleyball Association     Rebecca Bake     AbdulRahman Saad     Ekiti     Folaranmi Aro     Face Masks     Shade Omoniyi     Olatunji Abdulmumeen     Gabriel Fashanu     Ilorin Amusement Park     Oke-opin     Muhammad Fawaz Abubakar     Umar Ayinla Saro     Ganiyu Abolarin     Sanitation Exercise     Bibire Ajape     Kpotum Mohammed Baba     CCT     Alfa Yahaya Road     Ahmed Bayero     Abdullahi G. Mohammad     Haleeman Salman     Ayedun     Okin Biscuit     Mohammed Khadijat Kubura     Zaratu Umar     Al-Ilory     Jimba Babatunde     CCEPE     Khadijat Ayoola Yusuf     Moses Adekanye     Isau     Balogun Fulani     Kwara State Sports Commission     Cassava Growers\' Association     Ilorin Durbar     Bola Sagaya     Sherif Sagaya     Dan Masanin     Maigida     Olam Food Ingredients     Rotimi Atere     20 Billion Bond     Aliyu U. Tilde     Edret Sabi Abel     Mohammed Haruna     Sayomi     SARS    

Cloud Tag: What's trending

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

Olawuyi     11th Galadima     Okin High School     Surajudeen Akanbi     Mopelola Abdulmaliq-Bashir     Vasolar     Sidikat Alaya     Akanji     Sango-UITH Road     Olokoba Sulyman     Dauda Adeniran Adeshola     Ajase-Ipo     Rotimi Samuel Olujide     Awoye     Henry Makinwa     Pategi     Kwara Teaching Service Commission     Voices Of Tomorrow     Roseline Oni Aremu     Gobirawa     Government Girls’ Day Secondary School Pakata     Kale Ayo     Egbewole     Raimi Iyanda     Saeedat Aliyu     Elewu     Susan Modupe Oluwole     Aminu Ado Bayero     Mope Dasuki Belgore     Metro Park     Ilorin Water Reticulation     Ibrahim Abdulqadir Abikan     Abdulrauf Yusuf     Olomu     Onilu     Guber Aspirant     Ayo Salami     SUBEB     Abdulwahab Ololele     SWAN     Taiwo Joseph     Lateef Ademola Olatunji     Simeon Ajibola     Yusuf Mubarak     Abdulkadir Jimoh     Osi     Tafida Of Ilorin     Ganiyu Abolarin     Harrison Osauwagboe     NSCIA     Ekweremadu     Odolaye Aremu     Mustapha Olanipekun     Amuda Bembe     Olusola Saraki     Olam Food Ingredients     Bond     Chikanda     Mustapha AbdulGaniyu     Isiaka Yusuf     Sunday Fagbemi     Smart School     Societe Generale Bank Of Nigeria     Lucky Omoluwa     Bisi Oyeleke     Kayode Ibrahim     Oba Mogaji Abdulkadir     Sobi Specialist Hospital     Okiki     Col. Ibrahim Taiwo     Sheikh Alimi     Mutawali     TESCOM 2025     Omoniyi M. Ayinla     AbdulRazaq Abubakar Jiddah     Federal Polytechnic Offa     Mohammed Ibrahim