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Minister promises entrepreneurship,  empowerment for Nigerian youth 

The Minister of Youth Development, Dr. Jamila Bio Ibrahim, has restated the commitment of the federal government to empower the Nigerian youth with entrepreneurship skills.

Speaking during a ministerial press briefing organised by the Ministry of Information in Abuja, Thursday, Dr Jamila said the ministry, since her assumption of office, catalysed entrepreneurship with youth at the core of job creation and economic development.

She said the ministry will strengthen capacity of NYSC to empower youth in agriculture.

She further stated that, the Federal Executive Council (FEC) has approved of N110 billion capital to startups and early growth stage business via restructured NYIF.

Bio Ibrahim noted that youth development , in partnership with Bank of Industry (BOI), set up of a “NextGem” bank to nurture youth entrepreneurs with loans and business support.

According to her, the ministry commenced a robust NYSC reforms, including skills building to better position corps members, explaining that about 146,998 were targeted on vocational, social inclusion, technology, agriculture, and entrepreneurship training.

The minister said, following FEC approval, her ministry commenced institutionalisation of a 30% youth quota with equitable young women inclusion in all government appointments.

She added that, the ministry is to establish a PPP framework that enables the creation and expansion of multiple MSME incubators and innovation centres in the six geopolitical zones with a specific focus on engaging and empowering youth.

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