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Federal Government Announces The Creation Of N25 Billion Youth Fund, To Support Nigerian Youths To Become Entrepeneurs, Amid The Protests

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Federal Government Announces The Creation Of N25 Billion Youth Fund, To Support Nigerian Youths To Become Entrepeneurs, Amid The Protests

by peter
October 24, 2020
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The President Muhammadu Buhari Federal Government, has said that it has created a youth fund of N25 billion, as part of efforts to address the ongoing EndSARS protests and youth restiveness in the country,

The Minister of Finance, Zainab Ahmed, disclosed this during a Stakeholders meeting with the Deputy Governor of Kaduna State, on Saturday, in line with President Buhari’s directive to State Governors and Ministers, to dialogue with Stakeholders, with the view to finding solutions to the EndSARS protests.

While explaining that the youth fund will be increased to N75 billion within a period of three years, the Minister said that the aim is to support the youths to actualise their innovative and entrepreneurial ideas they have for them to grow their own businesses and be independent.

On her part, the Kaduna State Deputy Governor, Hadiza Sabuwa Balarabe, said that he meeting was aimed at brainstorming towards tackling the security challenges occasioned by the activities of the EndSARS protesters.

She, however, commended the citizens of the State, especially the youths, for maintaining the peace in the face of ongoing violent protests in some parts of the country.

The Minister of Environment, Dr. Mohammed Abubakar, who attended the meeting, also explained that the Federal Government is committed to peoples friendly reforms that will create more jobs for the youths.

More news later…

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