The federal government says it will train no fewer than 100,000 youths annually in financial literacy, forex, and commodity trading.

Minister of Youth Development Ayodele Olawande spoke on Tuesday in Abuja during the inauguration of the National Financial Literacy, Investment, and Wealth Creation Training Programme.

‎Mr Olawande said the ministry, in partnership with Investonaire Academy, would unveil the programme and initiative for the training.

The minister said financial literacy was key to survival in the present-day world. He urged the youths to think outside the box and explore new opportunities for wealth creation and financial freedom.

“As a minister, I want to build a nation of young people who think, innovate, and create jobs, rather than just looking for government jobs.

“I want to see a minority of young people looking for government jobs and instead, have a nation of entrepreneurs and employers.

“I see a lot of young people who are eager to be employed, and I want to support them,” Mr Olawande said.

According to him, the goal is to have more than 4,000 corps members in a year and provide them with the support they need to succeed.

We have unveiled various initiatives to support our corps members, and we are committed to continuing the support. The time for motivation and inspirational speeches is over; it is time to take action.

‎”Before the end of the year, more than 200 startups are going to be empowered, and I encourage you to take advantage of this opportunity,” he said.

Also, Sebastien Sicre, chief operating officer of Investonaire Academy, said that the world was a marketplace with more than $8.5 trillion traded daily in the global forex market alone.

‎”From entrepreneurs to traders, from farmers to skilled workers, the market rewards everyone according to the value they can create.

‎”Higher value creation translates to higher rewards; the market is the ultimate arbiter in value exchange,” he said.

He stressed that to create and command higher value, knowledge is needed, and the more distinct and sophisticated the knowledge is, the higher the rewards the market can bestow on the value creator.

(NAN)