FG and Wema Bank partner to empower one million youths
It noted that the initiative aims to provide financial solutions, training, and access to strategic partnerships, empowering young employees to become an integral part of Nigeria’s workforce, especially those deployed through the NYSC.
The statement added that experts would mentor 500,000 SMEs across Nigeria, while coaches will provide training and upskilling for business growth.
Under the scheme, grants will be provided through a collaborative arrangement between the Federal Government and WEMA Bank, allocating N500m to be given to SMEs and technopreneurs.
“The FGN/ALAT Digital Skill Novation hubs will focus on training one million young adults in software engineering, product management, business analysis, cloud computing, and product design, using specialised resources,” the statement partly read.
Over the years, Wema Bank has been a pioneer in digital transformation within the banking industry.