In response to the #Endsars protest, the Federal Government has revealed that it has set aside a staggering N75 billion Youths Fund for youth development projects across the next three years.
Minister of Finance, Budget and National Planning, Zainab Ahmed, who disclosed this in Kaduna maintained that the N75bn fund would be staggered over a period of three years, with N25 billion earmarked for each year.
The minister said the designated amount was designed as part of measures to support the development and empowerment of youths across the country.
According to Ahmed, the move would help to catalyze” and actualise the creative and entrepreneurial ideas of the Government.”
She said: “What we are doing at the Federal level is that we have set aside N25billion Youths Fund. It is actually a N75billion fund for three years. So, we are starting with N25bn for 2021.
The fund is meant to support the youths to actualise creative and entrepreneurial ideal that we have, so that, they can be more productive, be their own bosses and employ other youths.”