The Federal Government has commenced the disbursement of ₦4.7 billion as part of the first tranche of payments to beneficiaries and training providers under the Federal Ministry of Education’s Technical and Vocational Education and Training (TVET) Initiative.
The Minister of Education, Dr. Tunji Alausa, who announced the milestone, disclosed that the government has begun the first round of direct payments to over 42,000 fully registered trainees and more than 600 independent training centres across the country.
According to the Minister, each of the 42,227 registered students has received a monthly stipend of ₦22,500 designed to cover upkeep and transportation costs while they undergo practical skills acquisition.
Simultaneously, over 600 accredited training centres have been paid to ensure the continuity and quality of the training provided.
Describing the development as a major milestone, Dr. Alausa stated that the rapid rollout of payments is a direct execution of President Bola Ahmed Tinubu’s directive to equip young Nigerians with the practical skills needed to drive job creation, entrepreneurship, and economic growth.
“This is just the first tranche with more to follow and it reflects President Tinubu’s commitment to investing in young Nigerians through practical, job-creating skills,” Alausa said.
“Since May, the initiative has moved quickly from registration to hands-on training, and these timely disbursements will keep that momentum strong. TVET is Renewed Hope in action—empowering our young people to build their future. And this is just the beginning.”
The Minister clarified that the current disbursement represents the first of four scheduled tranches, assuring stakeholders that the administration remains committed to sustaining the program to reduce youth unemployment and boost the nation’s skilled workforce.
