Federal Government to Establish National Youth Bank
• The Federal Government is planning to establish a National Youth Bank to provide financial support, resources, and mentorship to young Nigerians.
• This initiative aligns with President Bola Ahmed Tinubu’s commitment to empowering youth and unlocking their potential.
Key Features:
• Access to Funding: Easier access to capital for young entrepreneurs and innovators.
• Resource Hub: Central hub providing resources, training, and guidance.
• Mentorship Opportunities: Connecting youth with experienced mentors.
Recent Developments:
• The Minister for Youth and Development attended the launch of the Fidelity SME Hub, highlighting government initiatives such as the Nigerian Youth Investment Fund, Nigerian Youth Academy, and the Youth Bank project.
Source:
• https://punchng.com/fg-plans-youth-bank-to-foster-entrepreneurship/?amp
• https://www.vanguardngr.com/2024/11/fg-to-establish-national-youth-development-bank/amp/
