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EndSARS: FG set up N75bn youth fund
By Modupe Shodeinde
The Minister of Finance, Zainab Ahmed, disclosed that the Federal Government in part of the efforts to ensure youth development in the country has set up a fund of N75bn.
The minister said this at a stakeholder meeting with the Deputy Governor of Kaduna State, Dr Hadiza Balarabe, in Kaduna.
According to her, the meeting with the Government of Kaduna State was to discuss the issue of protests that have been happening around the country, especially the #EndSARS.
“The State has prepared an excellent report and rendered to us 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.
“We are here in response to the directive Mr. President gave to all Ministers to go back home and engage the major stakeholders within the states to see how best we can support the states in trying to address the security issues that we have at this time. So, it was a wonderful meeting and it was very productive.
“What we are doing at the Federal level is that we have set aside N25bn Youths Fund. It is actually an N75bn 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,” she said.
