The Minister of Youth Development, Dr. Jamila Bio Ibrahim, has announced that over one million young Nigerians will benefit from the National Youth Skills Program (NYSP), which aims to equip them with essential skills for today’s economy.
Dr. Ibrahim made this announcement in Abuja during the 25th Nigeria Democracy Day Anniversary Youth Program, held at the Ladi Kwali Hall, Abuja Continental Hotel. The event, themed “25 Years of Enduring Democracy: Prospects for the Future,” celebrated the country’s democratic milestone.
She revealed that the Ministry is drafting bills for the National Assembly to institutionalize a 30 percent youth quota, restructure the Citizenship and Leadership Training Centre (CLTC), and establish the National Youth Fund (NYF).
“These legislative actions will solidify Federal Government’s commitment to youth empowerment and ensure sustainable development”, she explained.
The restructured Nigerian Youth Investment Fund (NYIF) will open for applications on June 30, 2024.
The ministry has streamlined the process to ensure that more young entrepreneurs can access the necessary funds to innovate and create jobs. Additionally, the National Youth Skills Program (NYSP) and NYSC reforms will commence by July 30, 2024, integrating skill development and entrepreneurship into the service year to make it more beneficial for graduates.
The Youth Development Bank will be launched by August 30th, 2024. This bank will provide tailored financial services to youth-led ventures, supporting innovative ideas and business growth.”, Jamila added.
The Young Leaders’ Institute, set to launch on the same date, will nurture future Nigerian leaders with the necessary skills, knowledge, and networks to excel.
“The future of Nigeria is in your hands, and together, we will build a nation where the achievements of young people are the norm, not the exception. Let us move forward confidently, knowing that our plans are strategic, our implementation is diligent, and our commitment to empowering the youth is unwavering,” she added.
Ambassador Baba Gana Kingibe, former Secretary to the Government of the Federation of Nigeria, praised Dr. Ibrahim’s forward-thinking initiatives and policies aimed at preparing the youth for significant leadership roles. He noted that the younger generation is enthusiastic and ready to embrace modern technology and innovative concepts.
Representing the Minister of State for Youth Development, Mr. Ayodele Olawande, the Permanent Secretary of the Ministry, Dr. Dunoma Ahmed Umar, reaffirmed the Federal Government’s commitment to the successful implementation of all youth development programs.
He emphasized that these programs are expected to have a positive and transformative impact on the lives and future prospects of Nigerian youth.