The Federal Ministry of Youth Development has signed a Memorandum of Understanding (MoU) with Flutterwave to advance youth empowerment, mentorship, and access to business skills development. The signing ceremony, led by the Honourable Minister for Youth Development, Comrade Ayodele Olawande, included senior officials such as the Permanent Secretary, Mr. Olubunmi Olusanya.
Following this agreement, the Ministry is partnering with Flutterwave to implement key initiatives that will provide young Nigerians with access to training, mentorship, and opportunities for small businesses and entrepreneurs. This partnership aligns with President Bola Ahmed Tinubu’s Renewed Hope Agenda and his eight priority pillars, particularly in fostering job creation, youth empowerment, and economic growth.
Flutterwave Founder and CEO, 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.
Minister Olawande commended Flutterwave for its role in advancing youth-focused initiatives, emphasizing that this collaboration represents a critical step in fulfilling President Tinubu’s vision for youth empowerment. He noted that the National Youth Service Corps (NYSC) and Citizenship & Leadership Training Centre (CLTC), as key agencies under the Ministry, will play a central role in implementing the initiative.
This partnership directly contributes to achieving the President’s eight priority pillars by:
- Job Creation and Economic Growth – Providing young entrepreneurs with the resources to scale their businesses.
- Youth Empowerment and Inclusivity – Expanding access to training and mentorship programs.
- Industrialisation and Economic Diversification – Supporting youth-led businesses to drive innovation.
- Education and Skills Development – Strengthening technical and leadership training.
- Harnessing Digital Innovation – Leveraging technology to create sustainable employment opportunities.
- Strengthening National Identity and Civic Responsibility – Engaging youth through the NYSC and CLTC.
- Public-Private Sector Collaboration – Demonstrating the effectiveness of partnerships in national development.
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.