Connect with us

NEWS

#EndSARS: FG sets up ₦25bn youth fund – finance minister

Published

on

FG reduces 2020 budget as Coronavirus bites harder

On Saturday, Nigeria’s Minister of Finance, Zainab Ahmed announced that the Federal Government had created a ₦25bn Youth Fund as part of efforts to address the #EndSARS protests and other related youth restiveness in the country.

 

Ahmed made this known at a stakeholder meeting with the Deputy Governor of Kaduna State, Dr Hadiza Balarabe, in Kaduna.

The meeting was in line with the directive of the President, Major General Muhammadu Buhari (retd.), to ministers and governors to dialogue with stakeholders following the #EndSARS protests.

Ahmed explained that the fund would be increased to N75bn within a period of three years.

She added that the aim was to support youths to actualise their innovative and entrepreneurial ideas in growing their businesses and becoming self-reliant.

Balarabe said the essence of the meeting was to brainstorm towards tackling the security challenges during the #EndSARS protests.

 

The Minister of Environment, Dr Mohammad Abubakar, who was also at the meeting, said the Federal Government was committed to initiating people-friendly policies and reforms aimed at creating jobs for the youths.

Achieve Straight-A(s) in WAEC, NECO, JAMB & more-Download ExamblyApp now FREE!

Join Us On Telegram | Promote Your Music