President Tinubu approves the release of ₦120 billion for TVET.

President Bola Ahmed Tinubu has approved the allocation of ₦120 billion to the Federal Ministry of Education to further its Technical and Vocational Education and Training (TVET) initiatives.
This decision aligns with the federal government’s goal to equip at least 650,000 young individuals with the necessary technical, vocational, and digital skills to address the evolving demands of industry and the labour market.
The Minister of State for Education, Prof. Suwaiba Said Ahmad, made this announcement during her address at the inauguration of the Community and Education Centre in Ikot Abasi, Akwa Ibom State.
In her speech, delivered by the Vice Chancellor of the Federal University of Science and Technology, Ikot Abasi, Prof. Leo Daniel, the minister highlighted that to enhance its TVET program, the ministry plans to implement incentives aimed at attracting young Nigerians, including monthly stipends, starter packs, and initial grant payments.
The minister emphasized that education serves as the foundation for national development, equipping children and youth to tackle future challenges and providing a pathway for individuals and communities to achieve greater success.
According to Prof. Ahmad, “It is on this premise that the Federal Ministry of Education under the leadership of Dr. Tunji Maruf Alausa has unveiled the Nigerian Education Sector Renewal Initiative (NESRI) with the overarching goal of moving Nigeria from a resource-based economy to a knowledge-based economy.”
The objectives of this, she explained, were the reduction of out-of-school children, the children; reduction in learning poverty, and an increase in skills and human capital for the labour market.
“NESRI’s pillars are Technical and Vocational Education and Training (TVET), Science, Technology, Engineering, Mathematics and Medical Sciences (STEMM), Out-of-school children, Girl-Child Education, Data & Digitalisation and Education Quality Assurance,” she explained.
She said, “In line with this, President Bola Ahmed Tinubu has approved the release of ₦120 billion to advance the TVET agenda of the Ministry of Education.
“Over the next two years, the federal government aims to empower at least 650,000 youths with the technical, vocational and digital skills required to meet the emerging industrial and labour needs.
“This centre, which we will commission today, is much more than bricks and mortar. It is a beacon of hope, a sanctuary for knowledge, and a foundation for the dreams of generations to come. Therefore, the good people of Ikot Abasi and Akwa Ibom in general should leverage these initiatives by the Federal Government in order to provide skills for our teeming youths.
“The Community and Education Centre at Ikot Abasi will serve multiple purposes as a place of learning, as a hub for skills acquisition, digital literacy, adult education, and youth empowerment. It is aligned with the Federal Ministry of Education’s strategic goals to increase access to quality education, bridge the digital divide, and foster inclusive learning opportunities for all.”
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