The Federal Government of Nigeria has announced plans to hire 350,000 more unemployed graduates under the N-Power Volunteer Corps in 2017.
According to the Senior Special Assistant on Media and Publicity to the Acting President, Mr. Laolu Akande, President Muhammadu Buhari has requested appropriation of N157.75 billion in the 2017 budget estimates for the N-Power scheme.
He said: ”Out of the N-Power N157 billion in the 2017 budget, 350,000 unemployed graduates more would be hired and trained, alongside 50,000 non-graduates youths to be engaged as artisans and in other creative ventures.”
He explained that under the N157.75 billion, a sum of N4.5 billion has been earmarked for the Science, Technology, Engineering and Mathematics, (STEM) programme to support young Nigerians in building skills in those disciplines.
Mr. Akande said the Government Enterprise and Empowerment Programme aimed at providing interest-free loans to up to 1.2million market men and women, traders, artisans, youths and farmers was allocated N112.2 billion.
He said: “2017 implementation of the SIP is going to be far more impactful than what we were able to do under the 2016 budget, so Nigerians should expect more this year.
“The resolve of the Buhari presidency is firm that more lives must be touched positively under these programmes which Nigerians have come to appreciate.”
The N-Power is one of the many Social Investments Programme (SIPs) of the President Muhammadu Buhari’s organisation.