Update: FG Earmarks N75bn For Youths Development

 

The Federal Government said it has set aside N75 billion Youths Fund for youth development projects for the next three years. 

The Minister of Finance, Zainab Ahmed, said in Kaduna that the fund would be broken down to N25 billion per year. 

According to reports by Vanguard, she said the fund was meant to support the youths to actualise the creative and entrepreneurial ideas of the Government. 

The Minister who was in Kaduna with the Minister of Environment, Dr. Mohammed Mahmood Abubakar, also said, they were in Kaduna in response to the directive of President Muhammadu, who ordered all the Ministers to go back home and engage with their state governments and other stakeholders over the recent violence occasioned by the #EndSARS protests across the country, Vanguard reported. 

READ ALSO: 2020/2021 Admission: JAMB Suspends Portal Activities Indefinitely

 “We came to meet with the Government of Kaduna State to discuss the issue of protests that have been happening around our country, specifically, the #EndSARS.” 

“What we are doing at the Federal level is that we have set aside N25bn Youths Fund. It is actually a N75bn fund for three years. So, we are starting with N25bn for 2021. The fund is meant to support the youths to actualize creative and entrepreneurial ideal that we have, so that, they can be more productive, be their own bosses and employ other youths,” she said. 

Speaking on the Ministry of Environment’s programmes for the Youths, the Environment Minister, Dr. Abubakar said, his ministry has established recycling plants across the states, which are already employing the youths.

Read more at: https://www.vanguardngr.com/2020/10/fg-earmarks-n75bn-for-youths-development/

 

Post a Comment

0 Comments

Latest Post

Final Year Law Student Sues Buhari, 36 Govs Over FG’s Poor Handling Of ASUU Strike