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.

Nigeria Governors\' Forum     Sheikh Alimi     Ashiru     Saliu Mustapha     Aso-ofi     Agor     Azeez Salawu     CCB     Kazeem Oladepo     Ben Duntoye     Ajibola Ademola Julius     ENetSuD     Musa Abdullahi     Baba Isale     Tunji Moronfoye     Yusuf Ali     Ojuekun     Col. Taiwo     Segun Adeniyi     Marafan Shonga     Sulu Babaita Isiaka     Yusuf Amuda Abubakar     Lanre Jimoh     Lai Mohammed     Tunji Oyawoye     Dele Belgore     Ibrahim Kayode Adeyemi     Abdulsalam A. Yusuf     Azeez Bello     Ramadhan     Islamic Development Bank     Kwara Consultative Forum     Hussein Oloyede     Kwara Liberation Group     Bayo Ajia     Sarakite     Folashade Omoniyi     Abdulmalik Bashir Mopelola Risikatullahi     Simeon Sayomi     Ministry Of Women Affairs And Social Development     Saka Onimago     Moji Makanjuola     KWSUED     Shehu Adaramaja     Yakubu Mohammed Abdullahi     CCT     Volunteers Of Ilorin Community And The Emirate     Senior Ibrahim Suleiman     Suleiman Abubakar     Ariyo     Hameed Oladipupo Ali     Press Release     Flights To Ilorin     Jide Ashonibare     Katibi Ibraheem Adeola     Countryside Emerging Leaders Fellowship     Temitope Ogunbanke     Lawan     James Kolo     Quran     Damilola Yusuf     Baba Adini Of Kwara State     James Ayeni     Babatunde Idiagbon     Abdulsalam Firdaous Amosa     Elerinjare-Ibobo     Florence Saraki     Idris Amosa Oladipo Saidu     Saidu Isa     Yashikira     Moronfoye     KW-GIS     Ayeyemi Sulaiman     Bamidele Adegoke Oladimeji     Joana Nnazua Kolo     Universal Basic Education Commission     Yahaya Jibril Usman    

Cloud Tag: What's trending

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

IHS     Gafaru Olayiwola Olorisade     Okin Biscuits     Abdulfatai Baakini     Halimat Yusuf     Kamaldeen Ajibade     Ilorin Emirate Stakeholders Forum     Ilorin Likeminds Foundation     Bello Taoheed Abubakar     Olatunde Michaels     Muslim Cementary     Sunday Fagbemi     Kwara State Government     Oniwa     Sarakite     Dagbalodo     CT Ayeni     Teachers Specific Allowance     Abubakar Baba Sulaiman     Demola Banu     Hijaab     SWAN     Onilu     ARMTI     Ibrahim Taiwo Road     Ishaq Salman     Moses Adekanye     Bashir Omolaja Bolarinwa     Olayinka Oladapo Jogunola     Apata Ajele Secondary School     National Association Of Nigerian Students     Tuesday Assayomo     Saduki Lafiagi     Abdulfatai Salman Baakini     Idowu Laro     Busari Toyin Isiaka     Kawu     Afolabi-Oshatimehin Adenike Harriet     Oya State     Ahmed Bolaji Nagode     SSUCOEN     Mufti Of Ilorin     Ishola Abdullahi     Joana Nnazua Kolo     NaAllah     Halidu Danbaba     Yomi Ogunsola     Al-Adaby     Cornelius Adebayo     Hameed Oladipupo Ali     VADA     Ibrahim Issa Jetti     Sarkin Malamai     Femi Gbajabiamila     Forgo Battery Company Limited     Durosinlohun Kawu     Yusuf Ibitokun Sherifat     Ibrahim Taiwo     Shuaib Boni Aliyu     Colleges Of Education Academic Staff Union     Ibrahim Oloriegbe     Abdulsalam A. Yusuf     Senate President     Busari Alabi Alausa     Dar-Al-Handasah Consultants     Tescom.kwarastate.gov.ng     Sai Kayi     Kannike     Atunwa     Abdullahi Biffo     Umaru Saro     Dunmade     Royal FM     Muhammad Akande Olarewaju Odunade     Millennium Development Goals     Albert Ogunsola     Abdulkadir Remi Hawawu