Apply: 10 government programmes Nigerian youth can benefit from
Nigeria’s Minister of Information, Mohammed Idris, has highlighted programmes by President Bola Tinubu’s administration aimed at supporting the country’s youth.
In a video shared on his X (formerly Twitter) account on August 14, Idris encouraged young Nigerians to take advantage of programs like the Nigeria Youth Investment Fund (NYIF), Skill-Up Artisans (SUPA), and the 3 Million Technical Talent (3MTT) program.
Similarly, the National Orientation Agency (NOA) shared information on “Key FG initiatives” and the websites to register for them, urging Nigerians to apply and benefit from the government’s efforts to address economic challenges, especially for the youth.
Here’s a close look at 10 key programs currently available for students and young entrepreneurs in Nigeria:
1. Student Loan Scheme
This scheme provides loans to Nigerian students for tuition, fees, and living expenses during their studies at approved tertiary institutions. With 108 state institutions now participating, the program has recently expanded, including a monthly stipend of N20,000 for over 20,000 students across six institutions, attracting growing interest nationwide.
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2. Nigeria Youth Investment Fund (NYIF)
The NYIF offers young entrepreneurs, aged 18 to 40, the chance to access vital funding and resources to kickstart or expand their businesses, promoting economic empowerment among the youth.
3. Skill-Up Artisans (SUPA)
Launched by the Industrial Training Fund (ITF), this initiative aims to enhance the skills of five million artisans across Nigeria’s 774 local government areas. This program is a key component of the Tinubu administration’s commitment to improving technical skills among the youth.
4. Three Million Technical Talent (3MTT) Programme
This initiative, driven by the Ministry of Communications, Innovation, and Digital Economy, aims to develop Nigeria’s digital economy by creating three million technical professionals. It is part of the broader ‘Renewed Hope’ agenda, positioning Nigeria as a global hub for digital talent.
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5. Digital and Creative Enterprises (iDICE) Programme
The iDICE programme is designed to build the capacity of Nigerian youth aged 15-35 in technology and creative industries. It aims to increase employability, encourage innovation, and support the rise of entrepreneurs in these sectors over the next five years.
6. Nigerian Youth Academy (NIYA)
NIYA is an education and empowerment platform targeting youth between 18 and 35, including students, graduates, non-graduates, freelancers, and startup founders, to provide them with valuable skills and knowledge.
7. National Youth Talent Export Programme (NATEP)
Established in 2023, NATEP aims to create one million jobs over five years by positioning Nigeria as a global leader in service export and talent development.
8. Micro and Small Business Loans
This initiative provides loans to small business owners aged 18 and above, offering financial support to help them grow and sustain their enterprises.
9. NDDC Youth Internship Scheme
Targeted at the youth of the Niger Delta region, this program offers hands-on experience, skills development, and financial assistance. Interested individuals can register through the NDDC’s dedicated portal.
10. Consumer Credit Corporation (CrediCorp)
CrediCorp is a government-established development finance institution designed to democratize access to consumer credit for Nigeria’s working population, making it easier for them to obtain necessary financing.