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FG to Provide N75bn in Three Years for Youth Empowerment, Says Finance  Minister

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Minister of Finance, Zainab Ahmed has said that the Federal Government has created a N75 billion entrepreneurship support fund, to enable youth in the country grow their businesses and be economically independent.

The minister made the disclosure in an interview with newsmen after a meeting with Kaduna State Acting Governor, Dr Hadiza Balarabe, on Saturday in Kaduna.

According to her, N25 billion will be released over three years starting from 2021.

She explained that the fund would support the youth to actualize their innovative and interprenueal ideas, be productive and employers of labour.

On her meeting with the acting governor, Ahmed said it was in response to the directive of President Muhammadu Buhari for all ministers to return to their states and get inputs on best ways to empower the youths in each state.

“We came to meet the Government of Kaduna State to discuss the issue of the protest that has been happening around us, specifically the EndSARS protest.

“The state has already prepared an excellent report on all the plans and efforts they have undertaken and we have also come to understand the challenges that they have and how best to support them,” she said.

“We are here in response to the directives President Muhammadu Buhari gave all ministers to come back home and engage major stakeholders within the state to see how best we can support the state to address the security issues that we have at this time.

“It was a wonderful meeting and very productive,” the minister said.

 

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