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.

Aremu Bose Deborah     Kunbi Titiloye     Unilorin     Yunus Oniboki     Hausa     Kannike     Ahmed \'Lateef     Ayinke Saka     Mujtabah Bature     Maryam Nurudeen     Olateju Lukman     Senior Ibrahim Suleiman     Peter Amogbonjaye     Royal FM     Orisun Igbomina     Ilofa     Yahaya Muhammad     Busari Alabi Alausa     Idowu Laro     REO CAKES     Majlis For Sadaqah, Zakat And Waqf     Wahab Issa     Bello John Olanrewaju     Ministry Of Women Affairs And Social Development     David Oyepinola Adedumoye     Omotoso     Umar Saro     Onilu     Shehu Salau     John Mayokun Dada     Wahab Abayawo     Abdulahi Abubakar Bata     Ibikunle Ogunleye     Oro Grammar School Old Students Association     Albert Ogunsola     Salihu Alhaji Musa     Hameed Oladipupo Ali     Saheed Akinwumi     Balogin Alanamu     Abdulhakeem Amao     National Union Of Road Transport Workers     COVID-19 Palliatives     Sayomi     Abubakar Atiku     Old Oyo     Ilesha-Gwanara     Eleyele     Micheal Imodu-Ganmo Road     Ibrahim Oloriegbe     Imam Gambari     Yahaya Abdulkareem Babaita     Gurei     Nigeria Foundation For Artificial Intelligence     Jimoh Olusola Imam     PAACO-PCL Consortium     Moshood Bakare     Asiwaju Bola Tinubu     Bolakale Kawu     Abdul-Rasheed Na\'Allah     Offa Descendants Union     NIPOGA     Oniye     Gabriel Fashanu     Bayo Ajia     Ubandawaki     Ariyo     SWAN     HICA     Government House     Salau Kabiru Abdullahi     Segun Ogunsola     Press Release     Adanla-Irese     Dagbalodo     Kwara State University Of Education     Okiki     Ahman Pategi University    

Cloud Tag: What's trending

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

Ibrahim Akaje     Micheal Imodu-Ganmo Road     Omoniyi     Grillo     Amina Susa\'a De Ahmed     Femi Oladiji     Adebayo Salami     Code Of Conduct     AbdulRasaq Abdulmajeed Alaro     Kwara TV     Shoprite     Ayodele Shittu     Moses Rahman Popoola     General Hospital, Offa     Bolaji Abdullahi     AbdulQowiy Olododo     Yakubu Gobir     Peter Amogbonjaye     Durbar Festival     Ike Ekweremadu     Oyun     Bello John Olanrewaju     Communication Network Support Services     Abdulwahab Oba     N-Power     Taofeeq Olateju     Abdullahi Imam Abdullahi     Yusuf Olaolu Ali     Quareeb Islamic Association     Olaiya Zuberu     Elerinjare-Ibobo     Millennium Development Goals     Ahmed Shuaib Buranga     Kaosarah Adeyi     Abdulganiyu AbdulAzeez     Olabode George Towoju     Adijat Adebiyi     Bello Abubakar     Yoonus Lawal     Bilikis Oladimeji     Turaki Of Ilorin     Fatimoh Lawal     Kunle Akogun     Folorunsho Alao     Bayo Ojo     Ubandoma     Alfa Modibo Belgore     Galadima     Abubakar Baba     Maimunat Oniyangi     Bolakale Kawu Agaka     Sheu Ndanusa Usman     Ademola Kiyesola     HYPPADEC     Biliaminu Aliu     Paul Odama     Ali Ahmad     Mansurat Amuda-Kannike     Zara Umar     S.O. Opowoye     Lucky Omoluwa     Igbomina     Dogara     CKNG     Niyi Ogundiran     Salihu Ajia     Dar-Al-Handasah Consultants     Maryam Nurudeen     Crystal Corner Shops     Oniwa     Ilorin South     Labour Party     Olateju Lukman     Maimunat Oloriegbe     Ijagbo Health Centre     Abdul-Rahoof Bello     Lasiele Alabi Yahaya