Business

FG signs a MoU to empower Nigerian Youth

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Nigeria’s Federal Ministries of Youth Development and Labour and Employment have joined forces with Sapphital Limited to create economic opportunities for the nation’s youth. This landmark partnership aims to tackle youth unemployment and boost economic empowerment through a Memorandum of Understanding (MoU).

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The MoU signing ceremony was attended by Minister of Youth Development, Comrade Ayodele Olawande, and Minister of State for Labour and Employment, Nkeiruka Onyejeocha. Olawande emphasised the significance of the Labour Employment and Entrepreneurship Program (LEEP) and the Nigerian Youth Academy (NIYA) platform, saying, “This partnership goes beyond promises—it is about action. By integrating vocational training, technology, and mentorship, we are committed to equipping Nigerian youth with the right skills to succeed in today’s competitive job market.”

He further noted that the collaboration aligns with President Bola Tinubu’s vision to tackle youth unemployment head-on and drive sustainable economic growth. “Not only will this initiative prepare young Nigerians for existing jobs, but it will also empower them to become job creators—fostering innovation, enterprise, and prosperity across the nation,” Olawande said

Onyejeocha reaffirmed the Ministry of Labour and Employment’s commitment to job creation under President Tinubu’s Renewed Hope Agenda. She highlighted that LEEP was designed with the theme “Don’t Leave Anyone Behind,” ensuring that youth, women, and retirees have access to economic opportunities. “The Ministry of Labour and Employment is ready to collaborate with all stakeholders to reduce poverty, create wealth, and generate employment opportunities for Nigerians,” Onyejeocha said.

This partnership marks a significant step towards equipping young Nigerians with the skills and opportunities needed to thrive in today’s economy

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