Minister of Youth and Sports development, Mr Sunday Dare
By Franca Ofili
Mr Sunday Dare, Minister of Youth and Sports Development has commended members of the Nigeria Youth Investment Fund (NYIF), focal group for the dedication in carrying out their job.
Dare made the commendations in a statement by the Director of Press in the Ministry, Mrs Lere-Adams Adjobome, on Thursday in Abuja.
He said this when he paid host to the group who presented its preliminary report to him.
The News Agency of Nigeria (NAN) reports that President Muhammadu Buhari on July 22, approved the establishment of NYIF to the tune of N75 billion for three years.
The minister said the members were selected based on their skills, competence and areas of expertise.
We will take time to study this interim that has been submitted by the group.
It will also be harmonised with the interim report that the technical committee has submitted and the outcome will be presented to the steering committee.
It is important to state that I am impressed and I commend the quality of work you have put in because membership of the group is not a paid assignment.
This is rendering service to the country and to the youth, he said.
The team leader, Mr Oladipupo Adebiyi, who presented the report, said that the NYIF initiative enjoyed public support especially from young Nigerians.
Nigerians believe the Fund will address unemployment and reduce poverty amongst young people.
The Fund will not only cushion the effect of the COVID-19 pandemic on the economic condition of young people; it will also foster the attainment of the Sustainable Development Goals.
Most young Nigerians strongly posit that the success of the Fund will be contingent on its inclusiveness, monitoring and evaluation mechanism and sustainability framework, Adeniyi said.
He said that the groups terms of reference required that it provided advisory, insights and suggestions on the successful implementation of the NYIF.
He said that others would propose ideas and initiatives that would promote the NYIF and support its impact on youth entrepreneurship across the country.
It will also provide feedback on the expectations of the youths with regard to the implementation of the NYIF, he said.
Adebiyi added that members of the group would serve as the NYIF ambassadors in their various communities, spheres of influence and coordinate the engagement of the Fund with youth groups and other stakeholders.(NAN).
Source: NAN News