Tinubu Unveils N10 Billion Youth Empowerment Fund for Abuja

Tinubu Unveils N10 Billion Youth Empowerment Fund for Abuja

In a significant move to boost youth development, President Bola Tinubu has approved a N10 billion Youth Development Fund to empower youths in the Federal Capital Territory (FCT). This initiative, announced by FCT Minister Nyesom Wike, underscores the administration's commitment to youth empowerment and national development.

The fund, captured in the FCT's supplementary budget, aims to provide opportunities for young people to grow and thrive. According to Wike, the gesture demonstrates the priority accorded to women and youths by the president. "It was Mr. President who created the Women Affairs Secretariat and the Youth Development Secretariat and appointed a youth to head the youth secretariat. This has never happened in the history of the FCT," Wike noted.

The youth empowerment program, set to be inaugurated on Thursday, aligns with the current administration's youth empowerment policy. Tinubu's approval of the creation of youth development secretariats in July and the appointment of Abdullahi Ango as its pioneer mandate secretary in August further emphasizes his commitment to youth development.

The N10 billion Youth Development Fund will provide financial support to youths in the FCT, enabling them to pursue entrepreneurial ventures, acquire skills, and access education and training. This initiative is expected to have a positive impact on the region's economic growth and social development.

Wike urged residents, particularly the youth, to continue supporting the Tinubu-led administration, expressing optimism about the future. "We are happy there are signs that things will get better," he said.

The creation of the Women Affairs Secretariat and Youth Development Secretariat underscores the administration's dedication to addressing the unique challenges faced by women and youths. The appointment of Abdullahi Ango as the pioneer mandate secretary of the Youth Development Secretariat brings a youthful perspective to the table, ensuring that policies are tailored to meet the needs of young Nigerians.

The supplementary budget allocation for the Youth Development Fund demonstrates the government's willingness to invest in the future of Nigeria's youth. As the program unfolds, it is expected to have a transformative impact on the lives of young people in the FCT.

This development reinforces the administration's focus on youth empowerment and national development, providing a beacon of hope for young Nigerians in the FCT. With the N10 billion Youth Development Fund, President Tinubu's administration is taking concrete steps towards creating a brighter future for Nigeria's next generation.

The inauguration of the youth empowerment program on Thursday marks the beginning of a new era in youth development in the FCT. As the program progresses, it is essential to monitor its impact and ensure that it meets its intended objectives. The success of this initiative will depend on the collective efforts of stakeholders, including government agencies, private sector organizations, and community leaders.