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Buhari approves establishment of Nigerian Youth Investment Fund

Offline Esther Titilayo

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The Federal Executive Council (FEC) on Wednesday, approved the establishment of the Nigeria Youth Investment Fund (NYIF) amounting to N75 billion for three years on.

The Nigeria Youth Investment Fund (NYIF) is to geared to encourage innovative ideas, skills and talents of the Nigerian Youth between ages of 18 and 35 and to provide access to the funds, finances, business management skills necessary for a sustainable enterprise.

 “Nigeria can make one quantum leap to dramatically increase its GDP and per capita realities. This can only happen if the country begins to invest in the youth through the establishment of a specialized fund that provides accommodating pathways to accessing credit, grants and needed funds for entrepreneurship,” Minister of Youth and Sports Development, Sunday Dare said in a statement.

Source:
https://ynaija.com/president-buhari-departs-for-mali-first-foreign-trip-since-the-pandemic-5-things-that-should-matter-today/


 


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