Business

Jubilation as 160 Nigerian youths bag $1.2million grants

VAM News Update

At least 160 Nigerian youths have received a $1.2 million grant from the Nigeria Youth Futures Fund (NYFF) for different projects across Nigeria.

Jamila Ibrahim, the Minister of Youth Development, stated this at the unveiling of beneficiaries of the grant in Abuja on Monday.

She said the funds represented a significant increase from last year’s disbursement of $600,000 to 130 recipients, noting that this demonstrated the growing commitment of the stakeholders to youth empowerment.

Ibrahim said President Bola Tinubu has consistently emphasised the importance of the Nigerian youth in driving the nation’s economy.

She added that the increase in this year’s grant symbolised more than just numerical expansion.

“This fund serves as a tangible manifestation of that commitment, a bridge between the aspirations of our youth and the supportive policies and resources needed to bring those aspirations to life,”Ibrahim said.

“This is a bold move to catalyse a wave of change, encouraging our young citizens to play active roles in shaping the Nigeria we envision.”

Ibrahim also said that this fund served to bridge the gap between the ambitions of Nigerian youth and the resources needed to make them a reality.

VAM News

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