Saturday, July 25, 2020

Youth Development: CEPEJ Boss Applauds Buhari's Initiative On Establishment Of #75Bn Funds, Activist Enjoined Niger-Delta Youths To Key Into The Approved Youth Development Funds For Creativity, Socio-economic Development Of The Region. Comrade Chief Sheriff Mulade Enjoined Those Entrusted With The Funds, Federal Ministry Of Youths And Sports Development To Be Prudent In The Management Of NYIF Funds.

....As Activist enjoined Niger-Delta Youths To Key Into The Approved Youth Development Funds for Creativity, Socio-economic Development of the Region.

.... Chief Mulade enjoined those entrusted with the Funds, Federal Ministry of Youths And Sports Development to be prudent in the management of NYIF Funds.

By Victor Bieni, Asaba

The National Coordinator, Chairman / CEO of Center for Peace and Environmental Justice (CEPEJ), Chief Sheriff Mulade today applauded the Nigerian Government in a Telephone conversation with our reporter when asked on his reaction in the recent approval of the sum of 75 Billion Naira for the establishment of Nigerian Youth Investment Fund (NYIF) tagged: "Youth Bank".

CEPEJ's National Coordinator stated that the Funds will be used for the development of innovative and creative youths in Nigeria by the Federal Government led by President Mohammadu Buhari, while he charged the Niger-Delta youths to take advantage of the provision.

The World Distinguished Activist and Philanthropist, Chief Sheriff Mulade advised creative Nigerian youths to use the opportunity provided by the funds to develop themselves and grow the nation’s economy.

Chief Mulade also enjoined Nigerian Youths to ensure that they develope buyable proposals for growth, also that Niger-Delta youths should make themselves available, develop materials and tap into the resources so as to grow their businesses and resources.

In his words: "The Federal Government, Ministry of Youth and Sports Development and the team entrusted with the responsibility to manage the funds to be diligent and accountable in handling the funds".

"To this end I also charged the office not be biased in the selection and approval of qualified youths for the provision of funds for development.

"The 75 Billion Niara which was approved by President Muhammadu Buhari is for the youths between the ages of 18 and 35, who have genuine business ideas for self and creative development".

"Those eligible are expected to develop a proposal and pitch their ideas in any of the approved 125 micro- finance banks across the country and qualified candidates would have access to the funds to grow their businesses and innovative technologies and aspects of capital development".

"The establishment of the Nigeria Youth Investment Fund (NYIF) and the sum of 75 billion Naira was approved by President Buhari on Wednesday, July 22, at the Federal Executive Council FEC, meeting".

"The funds will be used to develop youths in Agriculture, Small and Medium Enterprises and Businesses, innovations and technological development".

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