THE Federal Government of Nigeria has announced initiatives to transform the prospects and opportunities of Nigerian youth.
According to media reports, the initiatives include a reform of the National Youth Service Corps, NYSC, to focus more on ensuring that when young people finish school, they are ready to obtain good jobs or start their businesses.
Additionally, the establishment of the NextGen Bank in April 2024 will assist young people with funding to start their entrepreneurial projects.
Other initiatives include implementing a mandatory 30% quota in Government appointments to amplify youth voices in decision-making and the construction of three youth villages in Niger, Katsina, and Ebonyi, among others.
This agenda was unveiled by Dr Jamila Bio Ibrahim, the Minister of Youth Development, in Abuja on Wednesday while outlining a visionary roadmap for empowering the nation’s youths.
The Minister said: “The President’s vision for the youth of Nigeria is transformative. It encompasses comprehensive education and skills development, empowerment through various initiatives, and effective engagement at all levels.
“The NextGen bank is set to launch in April 2024. This retail development financial institution will provide grants, low-interest loans, and equity investments, catalysing youth entrepreneurship in agriculture, sustainable mining, green energy, sustainable mobility, blue economy, healthcare services, education and skill development, financial services, ICT, and telecoms.”
