Victoria Mgbanwa
In a bid to ensure that Nigerian youths are ready to secure good jobs and become
entrepreneur after School, the federal government has decided to unveil initiatives that includes a reform of the National Youth Service Corps, NYSC, and the establishment of the NextGen Bank in April 2024.
Unavailing the Reform Agenda Roadmap for empowering the nation’s young population, in Abuja on Wednesday, the Minister of Youth Development, Dr. Jamila Bio Ibrahim, explained Other initiatives of the government which includes implementing a mandatory 30% quota in government appointments , to amplify youth voices in decision-making and the construction of three youth villages in Niger, Katsina and Ebonyi, among others.
He said, “the President’s vision for the youth of Nigeria is transformative. It encompasses comprehensive education and skills development, empowerment through various initiatives, and effective engagement at all levels.
“The NextGen bank is set to launch in April 2024. This retail development financial institution will provide grants, low-interest loans, and equity investments, catalysing youth entrepreneurship in the agriculture, sustainable mining, green energy, sustainable mobility, blue economy, healthcare services, education and skill development, financial services, ICT and telecoms.”
