NYCN tasks govs on youth investment support

The National Youth Council of Nigeria (NYCN) has urged state governments to emulate the federal government efforts towards supporting youth investment programmes as a strategy towards developing the nation’s economy.

The NYCN in a Christmas message signed by its President, Solomon Adodo, also commended the Benue state governor, Samuel Ortom, Kogi state Governor, Yahaya Bello, and the their Lagos state counterpart, Babajide Sanwolu, for setting up special funds for young citizens interested in economic productivity.

The council said such efforts would not only give the youth a sense of belonging but boost economic activities in the nation.

Adodo also urged the youths to reciprocate the gesture by been patriotic in their endeavours adding that when all state governors prioritise youth empowerment, the nation will be better off.

“It should not escape our memories that the Federal Government has rolled out several economic stimulus funds geared at assuaging the plight of the youth on the one hand whilst also placing us in the driver’s seat to build a more robust economy. This underscores the firm belief of Mr. President in the innovative prowess and boundless potentials of the Nigerian Youth.

“The MSME Survival Fund has helped small and micro enterprise stay afloat, the NIRSAL Loans have helped start up new businesses, several other intervention funds have been provided through Development Finance Institutions to finance working capital needs, asset acquisition and business expansion; most recently a the Nigerian Youth Investment Fund specifically meant for businesses to be piloted by youths was launched.

“These are sure springboards from which we can begin the rebuilding of our economy again. We urge the respective state governments to play their roles in funding Youth enterprises.”

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