The Nation Newspaper Govt concedes 2 per cent appointment quota to youths
Two initiatives aimed at fostering greater inclusion and development opportunities for youths have been approved by the Federal Executive Council .who dropped the hint after yesterday’s FEC meeting at the State House in Abuja, said the Council also approved additional provision for the restructuring of the Nigerian Youth Investment Fund .
According to her, the step will be addressing the age-long marginalisation of young people in the decision-making processes. “It will go a long way in addressing the long marginalisation and exclusion of young people in decision making, and will also go a long way to encourage young people to participate in decision making processes and in civic engagements.”She said the administration has commissioned a technical committee to review and restructure the fund, leading to the establishment of the NYIF through a legal framework.
Additionally, she said the fund will offer increased obligor limits, moratoriums, and extended loan tenures, allowing young businesses to incubate and reach profitability.
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