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.

Danladi     Tope Daramola     Oniwasi Agbaye     Ayobami Seriki     Aishatu Ahmed Gobir     Bank Of Industry     Kwarareports.com     Kwara State Polytechnic     Senior Staff Union Of Colleges Of Education     PharmAccess Foundation     Yekeen Alabi     Monsurat Omotosho     Adesoye     Maimunat Oloriegbe     Oloriegbe     Oniye     Gafaru Olayiwola Olorisade     Sidikat Alaya     Saka Saadu     James Ayeni     Bamikole Omishore     Iyabo Dupe Adekeye     Rafiu Olasile     Yahya Mohammed     Ayodele Shittu     Bello Bature     CACOVID Palliatives     Saduki Lafiagi     Ibrahim Mohammed     Sanusi Abubakar     Oko Erin     Ahmed Shuaib Buranga     Al-Ilory     Nupe     Tunde Mukaila Mustapha     KWACOBPA     David Oyepinola Adedumoye     Tunde Oyawoye     Bolaji Abdullahi     General Tunde Idiagbon International Airport Ilorin     Umar Yakubu Jaja     Siraj Oyewale     Fatai Garuba Labaka     Olatomiwa Williams     Abdullahi Atanda     Tsado Manman     Kwara State Fish Farmers Association     National Association Of Nigerian Students     JSSCE     Zubair Folorunsho Erubu     Umar Ayinla Saro     Sidikat Akaje     Obuh     Nigerian Correctional Service     Lawan     Ahmad Fatima Bisola     Yusuf Abdulraheem     Ayekale     Kwara State Coalition Of Business And Professional Associations     Saidu Yaro Musa     GAMA     Guber Aspirant     Sarah Jubril     Yahaya Abdulkareem Babaita     Onilorin     General Hospital, Ilorin     Shuaib Boni Aliyu     Olajumoke Monsura Gafar     Wole Oke     Oluwole Dupe     Ilorin Durbar     Ilorin East/South Federal Constituency     Shaykh Luqman Jimoh     Titus Suberu-Ajibola     Haleeman Salman     Ilorin     Oba Abdulkadir La\'aro    

Cloud Tag: What's trending

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

Toyin Abdullahi     Pacify Labs     NULGE     Bello Oyebanji     International Vocational Centre     School Of Nursing     Offa     Amos Bajeh     KFA     Abdulmumin Yinka Ajia     KWAFFA     Taofik Abdulkareem     Government High School (GHS), Adeta     Oyin-Zubair     CACOVID Palliatives     Ilorin Curfew     Isau     Lanre Issa Onilu     Saliu Oluwole     UNIFEMGA     Lithium     Susan Modupe Oluwole     Ilorin South     MMWG     Yemi Sanni     Imodoye Writer’s Enclave     AGILE Programme     Moses Rahman Popoola     Shehu Salau     Shuaib Jawondo     Ita-Ore     JUSUN     Moshood Kashimawo Abiola     Shettima     PharmAccess Foundation     Henry Olaosebikan     Baakini     John Olajide Adedipe     Frootify     Mutawali Of Ilorin     Ajikobi     Tunji Arosanyin     Riskat Opakunle     Marafan Shonga     Ayodele Kuburat Olaosebikan     Erubu     Abubakar Ndakene     Busari Alabi Alausa     Yusuf A. Usman     LABTOP     Kupchi Hosea Maxwell     Apaokagi     Aishatu Ahmed Gobir     Ike Ekweremadu     Abdulkareem Alabi     Ijagbo     Adedipe     International Aviation College     Shuaib Abdulkadir     Oloye     Rihanat Ajia     Moses Adekanye     Kwara South     Ajase-Ipo     Abdullahi G. Mohammad     Hamza Usman     The Herald     Adesina Simon Sodiya     Ibrahim Abdulqadir Abikan     Ishak Mohammed Sabi     Apaola     Raliat Islamic Foundation     Funmi Salau     Bankole Omishore     Pategi     Abatemi-Usman     Neo Mundo Ltd