BUSINESS NEWS

FG to set up N25bn youth fund to address #EndSARS – Finance Minister

NEWSMAN, Abuja – Minister of Finance, Zainab Ahmed has said a N25bn Youth Fund has been created as part of efforts to address the #EndSARS protests and other related youth restiveness in the country.

Ahmed made this known at a stakeholder meeting with the Deputy Governor of Kaduna State, Dr Hadiza Balarabe, in Kaduna on Saturday.

The meeting was in line with the directive of President Muhammadu Buhari, to ministers and governors to dialogue with stakeholders following the #EndSARS protests.

Ahmed explained that the fund would be increased to N75bn within a period of three years, adding that the aim  was to support youths to actualise their innovative and entrepreneurial ideas in growing their businesses and becoming self-reliant, Channels TV reported.

Balarabe said the essence of the meeting was to brainstorm towards tackling the security challenges during the #EndSARS protests.

Minister of Environment, Dr Mohammad Abubakar, who was also at the meeting, said the Federal Government was committed to initiating people-friendly policies and reforms aimed at creating jobs for the youths.

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