The Federal Government has allocated 5% of Nigeria's education budget to expand Technical and Vocational Education and Training (TVET), a move designed to strengthen the nation's SME sector through practical skill development. Education Minister … Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader FG invests 5% of education budget to grow SME skills By Abimbola Akomolafe on October 24, 2025 The Federal Government has allocated 5% of Nigeria's education budget to expand Technical and Vocational Education and Training (TVET), a move designed to strengthen the nation's SME sector through practical skill development. Education Minister Dr. Tunji Alausa said the programme focuses on empowering young Nigerians with hands-on, income-generating abilities that drive entrepreneurship and small business growth. Read also, FG invests 5% of education budget to grow SME skills FG expands irrigation to boost strengthen MSME agribusiness MSME leaders advocate value-driven entrepreneurship among Nigerian youth Rwanda launches solar-powered DigiTruck to train citizens in digital skills FG sets uniform prices for renewed hope housing units nationwide Over 250,000 trainees have already been engaged across 2,600 centres, with a target to train 960,000 more in 28 trades such as solar installation, fashion design, plumbing, and GSM repair. Participants will undergo intensive practical training and receive starter packs and business grants upon completion, enabling them to establish or scale their small enterprises.

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