GoldenNewsNg has compiled latest N-Power News and Updates for January 27, 2025.
President Tinubu’s N-Power Reform and NSIP Funding Update
President Bola Tinubu has introduced major changes to the N-Power program to make it more impactful for Nigerian youth. Dada Olusegun, the President’s Special Assistant on Social Media, shared this update through a post on X (formerly Twitter).
The reform is designed to help young Nigerians by providing training and connecting them to private sector opportunities. The goal is to ensure that the skills participants learn lead to real jobs or business opportunities.
Key Highlights of the N-Power Reform
- Over 100,000 empowerment items have been distributed nationwide to support the program.
- President Tinubu has approved ₦32.7 billion to fund the National Social Investment Program (NSIP) in 2025.
- Low-interest loans of ₦300,000 to ₦400,000 will be available through cooperative clusters.
Benefits for Nigerian Youths
The updated program aims to help vulnerable groups, especially women and youth, by providing support to start or grow small businesses. This effort is part of the administration’s Renewed Hope agenda to improve the economy and create more opportunities.
With these reforms, 2025 is set to bring better opportunities for Nigerians who have faced challenges during the ongoing economic changes. The government remains focused on improving livelihoods and empowering citizens across the country.
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