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Minister assures NYIF will reduce unemployment

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Sunday Dare, the Minister of Youth and Sports Development has assured that the newly established Nigerian Youth Investment Fund (NYIF) will reduce the rate of unemployment among youths.

The Minister disclosed this during a visit by a group of youth leaders from the All-Progressives Congress (APC) when they came to commend him for securing the approval of Federal Executive Council for the establishment for the fund.

While commending Buhari and FEC members for their unflinching support, he said the fund demonstrates commitment of the Buhari administration to ensuring the dreams and ideas of our innovative youths become a reality.

Dare also said the NYIF would provide succor and bring to the fore ideas, skills, talents enterprise of youths, turning them to entrepreneurs, wealth creators and employers in the quest for national development. He further agreed that the approval of NYIF by President Muhammadu Buhari further attests to his staunch belief youths are the greatest assets of Nigeria.

According to him: “NYIF provides a single window of investment Fund for the Youth thereby creating a common bucket for all Nigerian youth to access Government support.

Providing a less cumbersome access to credit and finance for the average Nigerian youth with an approved work plan or business idea will help lift thousands of youth out of poverty and birth a whole generation of entrepreneurs’’.

Fatimah Oyesanmi

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