Release
By Comrade Duke Alamboye –Kitchener, National Secretary General
The Nigeria Youth Organization (NYO) has commended President Muhammadu Buhari over the newly established Nigeria Youth Investment fund (NYIF) hailing the development as a giant stride towards curbing youth unemployment syndrome, associated with social vices in the country.
The organization also notes with satisfaction, the role of the Minister of Youth and Sports, Mr. Sunday Dare, describing him as “a very pragmatic and visionary leader”, whose unique proposal on the Youth Investment Fund gained approval of the Federal Executive Council.
Highly pleased with the establishment of the fund, the organization which prides itself as a Non-Governmental Organization, with spread and numerical strength of youths over the Thirty-Six (36) States of the Federation, states that its members with the requisite innovations, skills and novel knowledge shall maximally utilize the fund to empower its teeming members.
The Nigeria Youth Organization (NYO) also lauds the Nigeria Youth Investment Initiative of the President Muhammadu Buhari-led administration, as the first of its kind in the political history of Nigeria, stressing that the fund shall create a great opportunity for Nigerian Youths to access government support for the special credit and finance.
The NYO hereby call on the Ministry of Youth and Sports, Central Bank of Nigeria (CBN), the Ministry of Finance, Budget and National Planning, the Bank of Industry (BOI), Fintech Oraganizations, Venture Capital organizations, as well as Microfinance Institutions to ensure judicious utilization of the fund, as part of President Muhammadu Buhari’s led Federal Government to combat youth involvement in crimes and social vices, as well as drive innovation and enhance entrepreneurship for Nigerian youths.
In the light of this noble development, the Nigeria Youth Organisation (NYO), has also mapped out strategic plans to embark on accelerated training and orientation programmes on financial management and business development, in order to make them access the funds, in partnership with other NGOs.
In a similar vein, the NYO applauds the ongoing process of employment generation initiative for the youths via the viable instrumentality of the 774,000 job initiatives spearheaded by Barr. Festus Keyamo, a young, ebullientt and vibrant Minister of State for Labour and Productivity.
Comrade Duke Alamboye –Kitchener,
National Secretary Genera