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PalmPay partners FG on digital literacy for youths

Palmpay enhances contactless payments

PalmPay has partnered with the Federal Ministry of Youth Development to roll out the Youth Data Protection Awareness and Training Programme.

This comes as the fintech firm sets its sights on digitally equipping over 1,000,000 Nigerian youths over the next three years.

The training programme, officially launched last week at the Shehu Musa Yar’Adua Centre in Abuja, aims to equip young Nigerians with essential knowledge and skills to safely navigate the digital space.

With youths making up over 70% of Nigeria’s population, the initiative is a vital step toward promoting trust, security, and innovation tailored to the needs of the younger generation.

Speaking at the launch, the Honourable Minister of Youth Development, Comrade Ayodele Olawande, praised PalmPay’s collaboration in bringing the programme to life, describing the YDPAT initiative as a bold step toward cultivating a digitally literate and security-conscious generation.

“This is about building a privacy-first generation, one that is inclusive, future-facing, and globally competitive.” He also emphasised the low awareness of the Nigerian Data Protection Act (NDPA), 2023 and the critical shortage of certified Data Protection Officers (DPOs), despite over 500,000 data controllers operating in the country,” Olawande said.

PalmPay’s Managing Director, Mr. Chika Nwosu, emphasized that data protection is just as critical as innovation in the tech space. He highlighted that PalmPay embeds privacy at every stage of its product development to ensure the safety of user information.

In addition to championing data protection, PalmPay remains committed to empowering young Nigerians by providing real growth opportunities.

The company has also spearheaded several youth-focused initiatives, such as the Purple Woman campaign and the Passing the Baton CSR programme, which have impacted thousands of youths and women across both urban and rural communities.

PalmPay is a leading neobank and fintech platform advancing financial inclusion and economic empowerment across underserved emerging markets.

With a secure, user-friendly, and inclusive range of financial services, PalmPay equips individuals and businesses with the tools they need to effectively manage and grow their finances.