• Latest
  • Trending
JUST IN: Some Nigerians mistook SARS disbandment  as weakness – Buhari

Buhari lists 16 empowerment programmes created for youths by administration

November 25, 2020
Why Nigeria must discontinue dependence on crude oil – CBN governor

Households, businesses can still apply for N50bn COVID-19 loans,says CBN (SEE HOW TO APPLY)

April 13, 2021
UPDATED: Makinde’s candidate, Arapaja emerges South West PDP chairman

UPDATED: Makinde’s candidate, Arapaja emerges South West PDP chairman

April 13, 2021
South West PDP congress: Arapaja confident of victory, promises to work with Olafeso

[BREAKING]: PDP zonal congress: Makinde floors Fayose as Arapaja polls 343 votes

April 13, 2021
PDP must retire Bode George to win Lagos- Fayose

Gunshots as Fayose leaves South West PDP congress venue

April 12, 2021
PDP zonal congress: Makinde is my leader- Fayose

PDP zonal congress: Makinde is my leader- Fayose

April 12, 2021
NIPOST boss, Adewusi bags Strategic Institute’s Fellowship Award, harps  on efficiency in service delivery

NIPOST boss, Adewusi bags Strategic Institute’s Fellowship Award, harps on efficiency in service delivery

April 12, 2021
Police redeploy Zamfara DPO for allegedly working with bandits

Police arrest three suspected kidnappers on Lagos-Ibadan Expressway

April 12, 2021
South West PDP congress: Arapaja confident of victory, promises to work with Olafeso

South West PDP congress: Arapaja confident of victory, promises to work with Olafeso

April 12, 2021
PDP zonal congress: I’ll congratulate Arapaja if election is fair, credible- Olafeso

PDP zonal congress: I’ll congratulate Arapaja if election is fair, credible- Olafeso

April 12, 2021
FAAN bars drivers from picking arriving passengers in front of airport terminals

FAAN bars drivers from picking arriving passengers in front of airport terminals

April 12, 2021
We are investigating alleged high-handedness of Amotekun, says Makinde

PDP zonal congress: Why delegates’ accreditation was delayed for two hours- Makinde

April 12, 2021
JUST IN: Afenifere spokesman, Odumakin dies of COVID-19

Odumakin for burial April 24- Family

April 12, 2021
  • Contact Us
  • Advertise
Tuesday, April 13, 2021
  • Login
Newspeakonline
  • News
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
  • News
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
Newspeak
Home News

Buhari lists 16 empowerment programmes created for youths by administration

Akinwande Soji-Ojo by Akinwande Soji-Ojo
November 25, 2020
in News
Reading Time: 4 min
0
JUST IN: Some Nigerians mistook SARS disbandment  as weakness – Buhari
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram
UBA Banner 533×166
FirstBank Dec29

President Muhammadu Buhari on Wednesday said his administration has always had youths as centerpiece of its policies.

In a statement by his Special Adviser on Media and Publicity, Femi Adesina, the president listed a brief compendium of some initiatives put in place, for Nigerian youths, to reposition and empower them.

RelatedPosts

Households, businesses can still apply for N50bn COVID-19 loans,says CBN (SEE HOW TO APPLY)

NIPOST boss, Adewusi bags Strategic Institute’s Fellowship Award, harps on efficiency in service delivery

Police arrest three suspected kidnappers on Lagos-Ibadan Expressway

The programmes listed are:

1. N-Power: 500,000 enrolled in 2 batches between 2016 and 2020 receiving 30,000 monthly, with enrolment of 3rd batch of 400,000 in progress.

2. NYSC Monthly Allowance increased from N19,600 to N33,000; more than 300,000 beneficiaries monthly.

3. 75 billion Naira Nigeria Youth Investment Fund (NYIF), for businesses owned by young Nigerians aged between 18 and 35: https://www.cbn.gov.ng/Out/2020/CCD/NYIF%20implementation%20Framework%20final%20Sept_30_2020.pdf

4. Special Public Works Programme to provide 3-month employment to 774,000 young Nigerians across the country (1,000 beneficiaries per LGA): https://specialpublicworks.gov.ng/site/

5. $20 million Fund for Nigerian Tech Innovators and Entrepreneurs, managed by BOI: https://www.boi.ng/

6. National Young Farmers Scheme: An initiative of the National Agricultural Land Development Authority (NALDA) to engage 1.000 youths in each of the 774 local government areas in mechanized agriculture: https://www.nalda.ng/#FAQ

7. The Accelerated Agricultural Development Scheme (AADS) by the CBN aims to engage a minimum of 370,000 youths in agricultural production across the country, over the next three years, in collaboration with State Governments. The goal is to facilitate increased private sector agricultural production of staple foods and industrial raw materials, as well as support food security, job creation and economic diversification. Prospective participants must provide evidence of capacity to engage youths as in-growers or out-growers to cultivate on the land after clearing. cbn.gov.ng/Out/2020/DFD/GUIDELINES%20FOR%20THE%20P-AADS.pdf

8. Creative Industries Financing Initiative (CIFI): An initiative of the CBN in collaboration with the Bankers’ Committee, to provide single-digit financing for the creative sector, as part of efforts to boost job creation in Nigeria. The initiative has four pillars, namely: i. Fashion ii. Information Technology iii. Movie iv. Music. https://www.cbn.gov.ng/out/2019/ccd/creative%20industry%20financing.pdf

9. DEEL – D – Digital Skills E – Entrepreneurship E – Employability L – Leadership. Targeting more than 500,000 young Nigerians with opportunities for training and entrepreneurship and leadership: https://noya.ng/initiatives/new-deel.aspx

10. NESP-Homes: The Mass Housing Strategy of the Nigeria Economic Sustainability Plan (NESP) envisages the creation of 1.8 million jobs starting with the construction of 300,000 homes in the next 12 months, using 100% locally sourced materials for construction. https://nesp.ng/document/Jobs.pdf

11. The 5M Solar Connections Programme, to expand access to 25 million Nigerians by providing 5 million new connections through the provision of Solar Home Systems, or construction and operation of mini-grids. The Programme will incentivise the creation of 250,000 new jobs – particularly for young people – in the energy sector. https://www.cbn.gov.ng/Out/2020/DFD/Solar%20Connections%20Facility%20Guidelines%201.0.pdf

12. The Energizing Education Programme (EEP) is an initiative of the Federal Government of Nigeria to provide clean power supply to 37 Federal Universities and 7 University Teaching Hospitals across Nigeria (independent power plant, street lighting, development of a world class training centre on renewable energy for each university, etc). Phase 1 has already commenced to deliver 28.5MW to 9 Federal Universities and 1 University Teaching Hospital, using solar hybrid and/or gas-fired captive power plants. https://eep.rea.gov.ng/about-eep/

13. Presidential Youth Empowerment Scheme (P-YES), to address the needs of unskilled and less educated youth, by targeting areas of activities that are of practical importance and are essential to every aspect of our economy, including agriculture and food processing, restaurant and catering, tailoring and fashion design, welding, carpentry and joinery, etc.

14. Annual National MSME Awards: https://msmeclinics.com.ng/award-categories/

15. The National Survival Fund, designed to reduce the negative impact of COVID-19 on businesses, including but not limited to the following: Free business name registration for 250,000 beneficiaries; One-off Payment of N30,000 to more than 300,000 artisans nationwide; and Payroll support of between N30,000 and N50,000 per staff for between 3 (minimum) and 10 (maximum) staff of qualifying MSMEs, for 3 months. http://survivalfund.gov.ng/

16. 52% of loans disbursed by the FG-owned Development Bank of Nigeria (DBN) in 2019 were to youths and women-owned businesses. Since 2017, when the bank began operations, the DBN has disbursed more than N150 billion through the bank’s 27 Participating Financial Institutions (PFIs), impacting close to 100,000 MSMEs. Development Bank of Nigeria PLC.

Related

Tags: BuhariEmpowermentFemi AdesinaYouths
Previous Post

Northerners opposed to restructuring don’t speak for region- El-Rufai

Next Post

BREAKING: Argentinian football legend, Diego Maradona dies at 60

Related Posts

BREAKING:Buhari appoints DIG Alkali Baba acting IGP

Why Buhari didn’t consult police council before appointing new IGP-Minister

April 10, 2021
Attack on police command, correctional facility in Imo act of terrorism-Buhari

Buhari dissolves, reconstitutes governing councils of UI,UNILAG, OAU, two others

April 9, 2021

Buhari writes Jordanian king, says I’m taking short rest in London

April 8, 2021

DSS denies torturing Buhari’s driver to death

April 8, 2021

BREAKING:Buhari appoints DIG Alkali Baba acting IGP

April 6, 2021

Attack on police command, correctional facility in Imo act of terrorism-Buhari

April 5, 2021

Why I led protest against Buhari’s medical trip in London- Reno Omokri

April 4, 2021
Next Post
BREAKING: Argentinian football legend, Diego Maradona dies at 60

BREAKING: Argentinian football legend, Diego Maradona dies at 60

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Nigeria COVID-19 Live Update

NIGERIA

Confirmed
163,837
Deaths
2,061
Recovered
154,177
Active
7,599
Last updated: April 13, 2021 - 8:07 am (+01:00)

Global

Confirmed
137,282,894
+33,451
Deaths
2,959,607
+1,366
Recovered
110,474,951
Active
23,848,336
Last updated: April 13, 2021 - 8:07 am (+01:00)

PFN EASTER MESSAGE TO NIGERIA

Newspeakonline

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Navigate Site

  • Breaking News
  • Business
  • Entertainment
  • Interview
  • Newpeak Magazine
  • Newspeak Exclusives
  • Politics
  • COVID-19 Update

Follow Us

No Result
View All Result
  • News
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak Exclusives

© 2020 Newspeak & Associates
Optimized by IChannelTech.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
✕
Newspeak

FREE
VIEW