FG Explains Modality For N75bn Youth Support Fund

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Minister of Finance, Budget and National Planning, Hajia has explained the modality for the disbursement of the Federal Government’s N75 billion Entrepreneurship Youth Fund.


She spoke at the weekend in Kaduna at a meeting with 77 district heads and religious . The engagement was in continuation of ’s directive to all his cabinet to return home and interface with their constituents on the efforts of the present administration towards national .

Speaking at the event held at Kaduna State University (KASU), Ahmed explained how youths can access the fund.

She said the amount accessible to each beneficiary would be dependent on their business idea, proposal and their repayment plan, with amount ranging N250,000 to N5 .

She explained that the interest-free loan is expected to be paid back to the government within five years.

The Minister, who said the meeting was meant to get inputs into the best ways to empower youths in reaction to the # protest, which metamorphosed into looting, appealed to religious and traditional to educate parents on the need to instill family values on their children.

“We are calling the attention of parents that we have failed our children in the sense that the kind of value we used to have is no more. We need to remind ourselves that our children need to be upright and that this criminality going on daily is not for their benefits and the benefit of the state and country,” Ahmed said.

Also, Minister of Environment, Dr. Mohammed Abubakar, urged the to the government in protecting lives and property and job creation.

He advised the youth to be self-reliant by focusing on skills acquisition and not to be overdependent on government.

He also urged the to be advocates of peace in all their dealings for meaningful .

Kaduna State Deputy Governor, Dr. Hadiza Balarabe, condemned the recent spate of looting and destruction of and private property across the country.

She appealed to the traditional and religious leaders to sensitize their subjects and followers to always uphold law and order in their conducts.