Over 50% of the initial cohort of 3MTT has withdrawn, according to Alex Onyia.
Program Overview: The 3 Million Technical Talent (3MTT) program aimed to build tech skills among Nigerian youths to support the country's digital economy but faced significant challenges, including a 50% dropout rate in its first cohort due to inadequate resources.
Resource Shortages: Only about 1,000 laptops were provided to the 30,000 participants, leading to difficulties in accessing online training and contributing to high dropout rates, particularly among those with mid-level tech knowledge.
Criticism and Recommendations: Critics argue that while the program has a strong vision, its implementation has been poor, suggesting the need for better infrastructure, such as learning hubs and reliable internet access, to support participants effectively.
Future Plans: The ministry plans to expand the program by increasing the number of participants and enhancing collaboration at the state level, with a focus on improving training facilities and pathways to employment.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X) As of , X Empire (X) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for X stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, X is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000006 | 0.00000894 | 0.0000116 | 0.0000145 | 0.0000171 | 0.00002 | 0.0000227 |
| Fibonacci | 0.00000894 | 0.0000111 | 0.0000124 | 0.0000145 | 0.0000166 | 0.0000179 | 0.00002 |
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