HomeNewsNew N25 billion Youth Fund to Address #EndSars Crisis by FG

New N25 billion Youth Fund to Address #EndSars Crisis by FG

By Emmanuel Odoemelam

October 25, 2020

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The Federal Government has created a N25 billion Youth Fund to address the #EndSARS protests and other related youth restiveness in Nigeria.

This was disclosed by the Minister of Finance, Zainab Ahmed, on Saturday, at a stakeholder meeting with the Deputy Governor of Kaduna State, Dr. Hadiza Balarabe, in Kaduna, according to Punch.

The meeting is in compliance with President Muhammadu Buhari’s directive to ministers and governors to dialogue with stakeholders following the #EndSARS protests.

The minister explained that the fund would be increased to N75 billion within a period of three years.

According to her, the aim was to support youths to actualise their innovative and entrepreneurial ideas in growing their businesses and becoming self-reliant.

#EndSARS: FG to set up N25bn youth fund, says finance minister https://t.co/kpQsapHYKu
— Punch Newspapers (@MobilePunch) October 25, 2020

Culled from Nairametrics

Also read: SMEs in Nigeria: Where To Get Funds/ Cheap Business Loans

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