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.

Olatunji Abdulmumeen     Yahya Mohammed     Eleja     Ahmed \'Lateef     Tafida Of Ilorin     Shehu Jimoh     Makama     Christian Association Of Nigeria     Osi     Muhammad Yahya     Babs Iwarere     Babatunde Ajeigbe     Sulaiman Gado     Ibrahim Abiodun     Saidu Isa     Ndakene     Ado Ibrahim     Oju Ekun Sarumi     Damilola Yusuf Adelodun     Ayo Salami     Saraki     Plat Technologies Limited     Garment Factory     Kamaldeen Ajibade     Kayode Zubair     Alapado     Ilorin General Hospital     Femi Oladiji     Isiaka Danmeromu     Freshvine Nigeria Limited     Abdul-Rahoof Bello     Azeez Bello     National Democratic Congress     Ibrahim Agboola Gambari     Suwa-Arabs     Photo News     Elesie Of Esie     Gambari     Alapansapa     Anilelerin     Aishatu Ahmed Gobir     Segun Adeniyi     KWIRS     Jelili Yusuf     Elections     Kunle Okeowo     Yusuf Abdulkadir     Savannah Centre For Diplomacy, Democracy And Development     Garba Ayodele Wahab     Opaleke Bukola Iyabo     Bashiru Makama     Kwara NIPR     AbdulGafar Tosho     College Of Arabic And Islamic Legal Studies     Amuda Bembe     Rotimi Samuel Olujide     AbdulRasaq Abdulmajeed Alaro     Post-utme     Abdullah Janet Amudat     Eleja Taiwo Banu     Hameed Oladipupo Ali     Salake     Abdulganiyu Salahudeen     Park     Imodoye Writer’s Enclave     Igbaja     Fatai Garuba Labaka     Hausa     UNILORIN Alumni Association     Afonja     Sadiq Buhari     GANZY     Al-Adaby     Sobi Specialist Hospital     Balogin Alanamu     Wahab Egbewole     David Adesina    

Cloud Tag: What's trending

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

Monkey Pox     Hassan Oyeleke     Abiodun Abdulkareem     Saheed Akinwumi     Kwara Central     Oko-Erin     Toyin Sanusi     Segun Olawoyin     Voices Of Tomorrow     KwaraLearn     Kulende-UITH     Garba Dogo     Abdulsalam A. Yusuf     Na\'Allah     Hassan A. Saliu     Tunji Olawuyi     Samuel Elizabeth Keatswa     Alanamu     Emir Of Ilorin     Michael Nzwekwe     Bamidele Adegoke     Kwara United     Majlis For Sadakah, Zakat And Waqf     Ahmad Olayiwola Kamaldeen     Sherif Shagaya     Sarkin Malamai     Abdulrahman Abdullahi Kayode     Amos Bajeh     Ilofa     Valsolar-Kwara Company Limited     Abdulkadri Ahmad Alaiye     Kunle Suleiman     Emir Of Kano     Ibrahim Mashood     Kwara TV     Mutawalle     Royal FM     Najim Yaasin     Bolaji Gambari     Kubra Kazum     Abubakar Bature Sulu-Gambari     Amuda Bembe     Guber Aspirant     Adamu Ibrahim Sabi     Clement Yomi Adeboye     Saraki     Isiaq Khadeejah     Ayobami Seriki     Curfew     Lateef Ademola Olatunji     N-Power     Tunde Kazeem     Mohammed Abdulahi     Yinka Aluko     Bayer AG     Ayinde Oki     Sulyman Abdulkareem     Congress For National Consensus     Kwasu     Galland Marcias     Yusuf Amuda Abubakar     EFCC     Peter Amogbonjaye     Muhammed Abdullahi     Crystal Corner Shops     Kwara State Printing And Publishing Corporation     Abdulrahman Abdulrazak     Abdulhakeem Adelaja Amao     Grillo     Illyasu Abdullahi     Oba Sulaiman Asude     Orisun Igbomina     UITH     Aminu Ado Bayero     Monsurat Omotosho     Special Adviser On Digital Innovation     LABTOP