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.

Saad Omo Iya     Kayode Ishola     Suwa-Arabs     Oyedun Juliana Funke     Bola Iyabo Ibiyeye Adisa     Jumoke Monsura Gafar     Adekunle David Dunmade     Nigerian Supreme Council For Islamic Affairs     Alaro     Toyin Falola     Olatunde Michaels     Abubakar Kawu Baraje     KWACOBPA     Ayeyemi Sulaiman     Amos Bajeh     SUBEB     Arik     Raji Ayodele Kamaldeen     Yusuf Abdulwahab     AbdulGafar Tosho     NIRSAL     Hassan A. Saliu     Isiaq Khadeejah     Seed Technologies     Michael Ologundea     Air Peace     Abdulrazaq Magaji     Iqra Books     Muhammed Abdullahi     Mansur Alfanla     Face Masks     Kpotum Mohammed Baba     Minister     Abdulrasheed Akogun     Ishola Abdullahi     Maryam Nurudeen     Oba David Oyerinola Adedunmoye     Dar-Al-Handasah Consultants     Saliu Shola Taofeek     Abdulahi Abubakar Bata     Iyaloja-General     Oloriegbe     Muhammad Akande Olarewaju Odunade     Yahya Mohammed     Police Commissioner     MINILS     Laduba     Sarafadeen Kayode Akorede     National Party Of Nigeria     MATTA Girls Foundation     Ajase-Ipo     Malete     NNPP     Okin Biscuit     Saliu Mustapha     Babajide Ajayi     REO CAKES     ANCOPPS     AbdulRazaq Abubakar Jiddah     Split Diamond Interchange     Okala Baba     Idofin     National Pilot     Niguel Gallando Marcias     Garba Dogo     Kwara Volleyball Association     LAK Jimoh     Joseph Daudu     Eleja     Ali Ahmad     Oluwarotimi Boluwatife Adenike     Abdulwahab Olarewaju Issa     Adolescent Girls Initiative For Learning And Empowerment     Rotimi Samuel Olujide     AGILE Programme     Alloy Chukwuemeka     Abdulquowiyu Olododo    

Cloud Tag: What's trending

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

Fola Consultant     Micheal Imoudu     Magaji Are     Bello Abubakar     Olokoba     KWACOBPA     Omoniyi Ayinla     Gbugbu     Ilorin Emirate Staff Association     UTME     Idowu Laro     Akorede     Kwara State University Of Education     Kunle Okeowo     Pakata Patriots     Mashood Dauda     Owo Arugbo     Issa Oloruntogun     Elewu     Olumide Daniel Ibitoye     Umar Bayo Abdulwahab     Abdulrasheed Akogun     Kisira     Ajibike Katibi     TESCOM     Balogin Alanamu     CCB     2017 Budget     Ibrahim Taiwo Road     Kayode Ogunlowo     Soffiyyallah Kamaldeen     Gambari     Isiaka Oniwa     David Oyepinola Adedumoye     UNILORIN Alumni Association     Fatimah Abdulkadir     Wahab Femi Agbaje     Adaramaja     Mohammed Ajia Ibrahim     Kayode Laro     Kawu     Yinka Aluko     Photo News     Amuda Aluko     Haliru Dantoro     Ganmo Power Sub-Station     Rotimi Atere     Sabi     Bolaji Gambari     Tescom.kwarastate.gov.ng     Adanla-Irese     Oko-Olowo     Oyelere Oyinloye     Bayer AG     Orisun Igbomina     Gurei     First Lady     Raji AbdulRasaq     Col. Ibrahim Taiwo     Henry Makinwa     General Hospital, Ilorin     ENetSuD     Saliu Ajibola Ajia     Amos Justus Sayo     Olushola Saraki     Shehu Alimi Foundation For Peace And Development     Sadiq Umar     Ramadan     Minimum Wage     Kwara NIPR     Ilorin Water Reticulation     Abdulmumini Sanni Jawondo     Ijagbo Health Centre     Haliru Yahaya     Ilorin Likeminds Foundation     Saka Isau     Abdulfatah Ahmed