The federal government had created N25 billion youths fund as part of efforts to address the EndSARS protests and other related youth restiveness in the country. The Minister of Finance, Zainab Ahmed made this known during a stakeholder meeting with the Deputy Governor of Kaduna State, Dr Hadiza Balarabe.
During the stakeholders meeting held in Kaduna, the minister also revealed that the fund would be increased to N75bn within three years. Zainab disclosed that the aim was to support youths to actualise their innovative and entrepreneurial ideas in growing their businesses and becoming self-reliant.
Speaking also, the Kaduna State Deputy Governor, Balarabe said the essence of the meeting was to seek out ways to tackle the security challenges during the EndSARS protests. He said the Federal Government was committed to initiating people-friendly policies and reforms aimed at creating jobs for the youths.
Earlier, the Minister of Youths and Sports Development, Mr Sunday Dare had disclosed that the President Muhammadu Buhari-led government has continued to implement programmes for empowering the youth with training, employment and entrepreneurship.
According to Dare, the programmes include N-Power, N-Tech, N-Agro, Youth FinTech, NYSC monthly allowances increased from 19,600 to 33,000, Public Work Scheme, 75 billion naira Nigerian Youth Investment Fund (NYIF), Farmer Moni, Trader Moni and Market Moni.
Others are Mobile device repair training scheme, Graduate Internship Scheme, Youth Entrepreneurship Support programme, National Young Farmers scheme among others.