The Central Bank of Nigeria (CBN) just launched the Youth Innovative Entrepreneurship Development Programme (YIEDP) in furtherance of its intervention in the real sector of the economy and job creation effort.

CBN Fund(N100000-N3,000000) CBN Governor Mr. Godwin Emefiele disclosed in a statement released, Performing the official launch at the International Training Institute, Maitama, Abuja, on Tuesday, the Governor, Mr. Godwin Emefiele, said the programme was aimed at harnessing the teeming youth population in the country to propel that demography to the much-needed economic recovery.

Emefiele, who decried the alarming figures coming from the Nigerian Bureau of Statistics (NBS), which put the number of Nigerian youths in the labour market at 36.3 million, representing 48 percent of the entire labour force, said the situation could not be allowed to degenerate further, given the bright ideas and big dreams of the youth.
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