The Federal Government is set to start consultations with beneficiaries and other stakeholders on the restructuring and refocusing of the multi-billion Naira Youth Enterprise with Innovation in Nigeria (YouWin) programme with the objective of injecting new ideas for its sustainability.

The Federal Ministry of Finance, which has been running the programme from inception, has scheduled the consultation for July 22, 2016 in Abuja, where representatives of the beneficiaries drawn from the six-geo-political zones and other stakeholders would chart a way forward for the programme.

Read also: OPINION: FG SHOULD BRING BACK THE YOUWIN PROGRAM

Under the programme which took off in 2011, a total of 18, 000 young entrepreneurs have been trained in various aspects of Small and Medium Enterprises management and business skills; and 3, 900 of them, including 1, 200 women, were each given non-repayable take-off grants for businesses of their choice ranging from N1 million up to a maximum of N10 million.

The third edition of the programme, which is still running with 1,500 beneficiaries, has received the sum of N11.2 billion in funding, and so far grants totaling N7.4 billion have been disbursed to the awardees. In June 2016 alone, the sum of N1.687 billion was paid to 638 awardees.

The Minister of Finance, Mrs. Kemi Adeosun, said that as part of the change agenda of the current administration, the YouWin programme has to be restructured to ensure efficiency, transparency and accountability in investing the capital grants given to the beneficiaries by the Federal Government.

Mrs Adeosun confirmed that all FG commitments under the YouWIN programme will be fully met, but due diligence would be carried out on every beneficiary, using tools like the Bank Verification Number (BVN), and before disbursements.

Signed

SALISU NA’INNA DAMBATTA

Director (Information)

June 28, 2016

http://www.financialwatchngr.com/2016/06/28/breaking-fg-bring-back-youwin-programme/

Who the program EPP?

What a Clueless and confused government

They keep copying all Jonathan's policies.

At first, They will cancel, then their zombies will applaud, and then they will implement again, Then zombies will be like "Now, the system has been sanitised, No more loop holes and corruption".

Look at the case of Fertiliser, devaluation and even Subsidy. Bubu the Mumu is indeed a dullardeen.

nice move

JBismarck:
Who the program EPP?

A lot my brother..... Its a fantastic initiative.

k

Govt of the more you look.

Not only that,... SURE-P Maternal and Child health too cos it helped in reducing Nigerians negative maternal and infant mortality and morbidity rates to some extent and furthermore lots of jobs were created through it.

JONATHAN TEACHING APC POLITICS SINCE 1534

Buhari sef..... Why are u still copying last government policies? ? Remember last government didnt save and plan for rainy day??

Clean the system and implement the programme
Expand it cost that's the only way we can get out of the unemployment issue
We need to give 500,000 grants every year for the next 15 years if we actually mean business
But were will the money come from

Igbanda!!!

By the time we get to 2019,this aimless govt would have restored everything they critisized about the past govt.

But in their typical manner,they will list how fraudulent and corrupt the past scheme is and how their own has been sanitized and zombies will believe it and go to town with it.
Eg 1,they critisized GEJ for paying subsidies and went they came on board,they continued paying the subsidy but now modified the lie to state that 'while GEJ wasted billions on subsidy,they re now ensuring that the subsidy got to the actual marketers.
Eg2,after heavily attacking GEJ for removing subsidy and allowing fuel to sell around N100,they came removed the same subsidy and modified the lie to state that 'GEJ govt was aiming to use the subsidy saved for corrupt enrichment while their own purpose for the removal is for a transparent reason'.

And I have learnt that in politics,you will always have zombies that are willing to take your actions to town,no matter how absurd,without critically reasoning.

One by one,all of the past policies will be restored with some modified lies for the gullible.

You can only imitate her but you cannot duplicate her.Here come the quintessential economist whose idea the clueless,directionless and incompetent APC adminstraction have being benefiting from.They say she is not good but
I.p.p.i.s copied that
T SA copied that
BVN copied that
YOUWIN copied that.
Ngozi Okonjo Iweala,you are truly an economist.Whose shoe little Kemi Adeosun can't fit in.
I salute you,Ma