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FG to invest $220m to create job opportunities for young Nigerians
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By Prosper Olayiwola
The Nigerian government has concluded plans to invest $220 million in creating employment opportunities for young Nigerians.
The initiative is to be spearheaded in collaboration with the European Union (EU) and United Nations Development Programme (UNDP) through the second phase of the Nigeria Jubilee Fellows Programme (NJFP) 2.0, aimed at connecting high-potential graduates with real-world work experience, training, and mentorship.
Vice President Kashim Shettima, who disclosed on Wednesday when he formally flagged off the NJFP at the Presidential Villa, Abuja, said the goal was to bridge the transition gap between learning and earning for thousands of young Nigerians; graduates who have the education, but not always the opportunity.
According to him, this will translate the nation’s demographic strength “into productive economic power, proving that when government provides structure, partnership, and purpose, young Nigerians rise to the occasion”.
The VP noted that while the NJFP was a Nigerian programme shaped by national priorities and guided by the nation’s sense of purpose, the administration of President Bola Ahmed Tinubu is determined to deepen the ownership by embedding the programme into the government’s national planning and budgeting frameworks.
“This government will do its part by ensuring that our financial commitment to the programme reflects our belief in its transformative potential. But national ownership must also mean national participation,” he said.
Public, Private Partnership
Vice President Shettima also called for collaboration between the government and the private sector to tackle Nigeria’s unemployment challenge.
“As we launch NJFP 2.0 today, I call on our partners — from the private sector, the development community, and the donor ecosystem — to join us in building the NJFP Basket Fund, a sustainable financing mechanism to secure the programme’s future.
“Our immediate goal is to raise $220 million, not as charity, but as an investment in the nation’s most valuable asset: our young people,” the VP added.
He further implored the EU, the UNDP, and other partners to consider the flag-off of the programme as an opportunity to prove that “youth employment is not just a policy priority but a shared responsibility”.
He said it was now time for Nigeria, through its public institutions, private sector champions, and philanthropic community, to lead from the front, even as he maintained that inclusivity is key to driving the process.
“The task before us is both serious and inspiring. The young Nigerians we seek to serve are not asking for handouts — only for a fair system that recognises effort, rewards merit, and provides opportunity.
“They are ready to build if we are ready to back them,” he added.
The Nigerian National Petroleum Company Limited, NNPCL, has slashed its fuel pump price for the second time within four days.
A market survey on Saturday by DAILY POST showed that NNPCL retail outlets around Airport Junction and Wuse Zone 6 (Berger) in Abuja have reduced their petrol price to N1210 per litre, down from N1260.
This means that the state-owned oil firm slashed the petrol price by N50 per litre.
This comes barely two days after Dangote Refinery reduced its petrol gantry price by N50 to N1,125 per litre.
Recall that four days ago, NNPCL had adjusted its fuel price pump by N75 per litre to N1260.
With the latest drop by NNPCL retail outlets, petrol prices stand between N1210 per litre and N1305 per litre in Abuja and its environs.
The reduction in domestic fuel comes amid falling crude oil prices, which stand at $69 per barrel and $71 per barrel for West Texas Intermediate and Brent crude, respectively, following the easing of the conflict in the Middle East.
Recall that President Bola Tinubu has kept mum amid the clamour by Nigerians for a commensurate drop in domestic fuel pump prices due to the significant reduction in crude oil prices.
The Independent National Electoral Commission, INEC, has said it is yet to receive the Certified True Copy, CTC, of the Federal High Court judgment that set aside an earlier order directing it to register the Nigeria Democratic Congress, NDC, as a political party.
INEC revealed this in a statement issued on Saturday by its Chief Press Secretary and Media Adviser to the Chairman, Adedayo Oketola.
According to the commission, although it is aware of media reports on the judgment delivered by the Federal High Court sitting in Lokoja on June 26, it cannot comment on the ruling until it obtains and reviews the certified copy.
The Independent National Electoral Commission, INEC, is aware of reports circulating in the media regarding the judgment delivered on Friday, June 26, 2026, by the Federal High Court sitting in Lokoja, which set aside an earlier order concerning the registration of the Nigeria Democratic Congress.
“However, as of this moment, the Commission has not yet received the Certified True Copy, CTC, of the court’s order,” the statement said.
INEC stated that its legal department would study the judgment upon receipt of the CTC before advising the commission on the next course of action.
“Once the Commission’s legal department receives and thoroughly studies the CTC of the judgment, INEC will take an informed, lawful decision in line with the court’s directives.
“Until then, we cannot comment on the specifics of the ruling, and the public is urged to await the Commission’s formal position on the matter,” Oketola added.
Justice Isah Dashen of the Federal High Court in Lokoja had on Friday set aside the court’s December 10, 2025, judgment directing INEC to register the NDC as a political party.
The court held that the rights of the Peace Movement Party were affected by the earlier judgment because it was not joined in the suit despite claiming ownership of the logo relied upon in securing the registration order.
Justice Dashen consequently ordered that all parties be restored to the positions they occupied before the December 2025 judgment and directed that the substantive suit be heard afresh with all necessary parties joined.
The NDC has rejected the ruling and announced plans to appeal the decision. Its National Chairman, Senator Moses Cleopas, maintained that the party had not been deregistered and argued that the trial court lacked jurisdiction to revisit a matter on which it had already delivered a final judgment.
The ruling has also attracted reactions from opposition figures, including the NDC’s presidential candidate, Peter Obi, the party’s National Leader, Senator Henry Dickson, and other stakeholders, who described the decision as a threat to Nigeria’s multiparty democracy and vowed to challenge it through all available legal channels.
INEC, however, maintained that it would reserve its position on the judgment until it receives and reviews the Certified True Copy.
A joint police operation rescued five victims abducted near Ogbere Forest in Ogun state on Wednesday.
They were rescued within 25 hours by the Lagos and Ogun Police Commands, which were part of a joint operation codenamed KOSAYE, meaning “No Space” in Yoruba.
The woman was among the victims who were shot in the incident. Her daughter and sister were among those rescued by the police on Thursday.
NNPC slashes petrol price twice within four days
Lokoja Court order: INEC speaks on NDC, says it’s yet to receive CTC
Just in: Police rescue five abductees in Ogun
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