By Our Reporter
The Federal Ministry of Youth Development has signed a Memorandum of Understanding (MoU) with payment technology firm Flutterwave to empower youths and boost their business skills.
According to a statement issued at the weekend, the signing ceremony had in attendance the Minister for Youth Development, Ayodele Olawande; the Permanent Secretary, Ministry of Youth Development, Mr. Olubunmi Olusanya and other senior officials of the ministry.
The MoU between the partners will lead to the implementation of key initiatives that will provide young Nigerians with access to training, mentorship, and opportunities for small businesses and entrepreneurs.
Flutterwave Founder/Chief Executive Officer, Olugbenga Agboola expressed the company’s commitment to building sustainable solutions that will empower Nigerian youth.
He reiterated Flutterwave’s dedication to creating opportunities for youths through training, partner engagement, and access to business opportunities, ensuring long-term economic impact.
While speaking at the signing ceremony, Minister for Youth Development commended Flutterwave for its role in advancing youth-focused initiatives, emphasizing that this collaboration represents a critical step in fulfilling President Bola Tinubu’s vision for youth empowerment.
He highlighted the National Youth Service Corps and Citizenship & Leadership Training Centre as key agencies under the ministry that will play a central role in implementing the initiative.
“This partnership directly contributes to achieving the President’s eight priority pillars by providing young entrepreneurs with the resources to scale their businesses.
“Expanding access to training and mentorship programmes. Supporting youth-led businesses to drive innovation. Strengthening technical and leadership training.
“Leveraging technology to create sustainable employment opportunities and engaging youth through the NYSC and CLTC”, Olawande said.
The minister concluded by reaffirming that this collaboration with Flutterwave will significantly strengthen the ministry’s efforts to ensure a brighter future for Nigerian youth, positioning them as key drivers of the nation’s economic transformation.