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The N-Power (Nigeria) program offers young Nigerians job training, education, and a monthly stipend of 30,000 Nigerian naira (US$83.33). The Conditional Cash Transfer Program (CCT) provides financial assistance to impoverished individuals to support their basic needs and education. The Government Enterprise and Empowerment Program (GEEP) is a ...
In 2021, the Federal Government introduced another Npower category known as N-knowledge and, it is targeted at Nigerian youths. The aim is to help youths learn computer hardware skills that are profitable and employable. Npower has been able to successfully train 1,500 Youths and also gave them tools such as Laptops to each beneficiary.
The Subsidy Reinvestment and Empowerment Program known as 'SURE-P is a scheme established by the Federal Government of Nigeria during the Jonathan Administration, to re-investing the Federal Government savings from fuel subsidy removal on critical infrastructure projects and social safety net programmes with direct impact on the citizens of Nigeria.
NCDF, Old Logo. Following extensive studies on the need to support the Nigerian government in achieving sustainable developmental objectives, NCDF was endorsed in 2009 by the former President of Nigeria, Late Alhaji Umaru Shehu Musa Yar'Adua (deceased) and was incorporated in 2010 as a Limited by Guarantee entity under the law of the Federal Republic of Nigeria.
The Council's operations are largely driven by the private sector, with government playing a supportive and enabling role. The Council serves as a nexus for the dialogue between business, trade unions , regulatory organisations, academia, international development organisations, think tanks , media and the Nigerian Government . [ 2 ]
Microsoft is closing down its Africa Development Centre in the continent's most populous nation Nigeria, which will lead to job losses, a spokesperson said on Wednesday. The centre, based in the ...
The Discount Houses sub-sector of the Nigerian financial services industry was birthed in 1995 [1] and came as an offspring of the federal government of Nigeria through the Central bank of Nigeria (CBN). Discount Houses became the venue through which banks were able to channel excess liquidity and access same to and from the CBN. A secondary ...
Nigeria's goal under the National Economic Empowerment Development Strategy (NEEDS) program is to reduce inflation to the single digits. [57] By 2015, Nigeria's inflation stood at 9%. In 2005, the federal government had expenditures of US$13.54 billion but revenues of only US$12.86 billion, resulting in a budget deficit of 5%.