Nigeria sets up N25bn Youth Fund to address demand by #EndSARS protesters
London, Oct. 26, 2020 (AltAfrica)-Nigerian government has earmarked a whopping sum of N25bn as Youth Fund as part of efforts to address the #EndSARS protests and other related youth related problems in the country
Nigeria’ Minister of Finance, Zainab Ahmed who made this known at a stakeholders meeting in the norther state of Kaduna explained that the fund would support youths to actualise their innovative and entrepreneurial ideas in growing their businesses and becoming self-reliant.
Ahmed explained that the fund would be increased to N75bn within a period of three years.
The meeting was in line with the directive of President Muhammadu Buhari, to ministers and governors to dialogue with stakeholders following the #EndSARS protests.
Balarabe said the essence of the meeting was to brainstorm towards tackling the security challenges during the #EndSARS protests.
The 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.
Meanwhile, Nigerian President, Muhammadu Buhari on Sunday broke his silence on the allege army shooting of protesters saying he would not comment on it until all facts are established.
The president expressed his full support to the Judicial panel of inquiry set up by State Governments to assist the nation to give justice to peaceful protesters who lost their lives, security men who were murdered and property owners whose assets were vandalized and looted
Buhari has been criticised for keeping mum about the allege shooting already condemned by many Nigerians and the International Community including the U.S. government.
Hoodlums have since taken advantage of the protest to wreak havoc on private and public properties across Nigeria.