PalmPay is stepping up its investment in youth development as Nigeria faces a widening gap in the digital skills needed to participate in the country’s increasingly technology-driven economy.
The financial technology company said its youth-focused programmes are designed to address some of the barriers facing young Nigerians, including limited digital skills, weak financial literacy and inadequate access to workplace experience and career opportunities.
The push comes as Nigeria’s large youth population faces growing pressure to acquire skills that can translate into jobs, entrepreneurship and financial independence.
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According to the United Nations Children’s Fund (UNICEF), only about seven percent of young people aged 15 to 24 in Nigeria possess basic information and communication technology skills, underscoring the scale of the challenge as businesses and public services become increasingly digital.
