Federal Government has paid the sum of N1.6bn to 638 awardees of the Youth Enterprise with Innovation in Nigeria, YouWin, programme, an initiative of the past government.
There have been fears about the government of President Muhammadu Buhari scrapping the programme, with series of protests over the delay in grants.

But Na’inna Dambatta, director of information at the ministry of information, said the money was paid in June.


He said under the programme which took off in 2011, a total of 18, 000 young entrepreneurs were trained in management and business skills for Small and Medium Enterprises (SMEs).

Dambatta said 3, 900 of the trainees, including 1, 200 women, were each given non-repayable take-off grants ranging from N1 million to a maximum of N10 million for businesses of their choice.

“The third edition of the programme, which is still running with 1,500 beneficiaries has received the sum of N11.2 billion in funding,” he said in a statement.

“So far, grants totaling N7.4 billion have been disbursed to the awardees.”


Kemi Adeosun, minister of finance, said the current administration was set to restructure the programme in line with its “change” agenda.

Adeosun said the restructuring would ensure efficiency, transparency and accountability in investing the capital grants given to the beneficiaries.

She added that all the commitments made by the federal government under the YouWIN programme would be fully met.

She said every beneficiary would be duly verified, using tools like bank verification number (BVN), before disbursements.

The minister said the federal government would begin consultations with the beneficiaries and other stakeholders of the programme to inject new ideas for its sustainability.

According to the statement, the ministry of finance, which has been running the programme from inception, will hold the consultation on July 22 in Abuja.

Winners of the third edition of the programme, earlier this month, stormed the headquarters of the ministry to protest the delay in the payment of their grants.

NAN

http://dailypost.ng/2016/06/28/buhari-pays-n2-6bn-to-638-youwin-awardees/

? ?

That is nice of Mr President!

Continuity brings about continuous development

if @ all this is true I can bet you is going to be 99% northerners & 1% southerners.

Abeg who dem pay the money o? We never see dem o. Una sure say ko be kano cows dem pay dos money like dis?

We have not been paid o, so where is the money disbursed to? What is Federal Ministry of Finance up to?

Leboska:
if @ all this is true I can bet you is going to be 99% northerners & 1% southerners.

and so?

APC & lies is just like bread & butter. The govt has not paid the Youwin3 awardees ooooo! I know so many Youwin3 awardees who are bn owed their 2nd & 3rd tranches. These guys are truly doing well in their various businesses but I don't know why the present govt refused to pay up their merritted state-up grants but decide to tell lies to the world. Pls, Buhari & Adeosun should pay & encourage these guys in their brave efforts to curb unemployment to the bearest minimum in this country. Any furhter delay to settle these young & vibrant entreprenuers will be a regarded as sabotage to the Nigerian Youths.

You see

[s]

eugene77:
APC & lies is just like bread & butter. The govt has not paid the Youwin3 awardees ooooo! I know so many Youwin3 awardees who are bn owed their 2nd & 3rd tranches. These guys are truly doing well in their various businesses but I don't know why the present govt refused to pay up their merritted state-up grants but decide to tell lies to the world. Pls, Buhari & Adeosun should pay & encourage these guys in their brave efforts to curb unemployment to the bearest minimum in this country. Any furhter delay to settle these young & vibrant entreprenuers will be a regarded as sabotage to the Nigerian Youths.

[/s]

ok

If u are not fade up with dis lie govt,ur zombie is superbic,gosh am tired i need to leav dis entity,which awardee?if such happen dey wud av snap with each awardee and post everywia,well even wen dey snap dey will still owe u....nonesense pls dnt quote me cos the amount i had lost during d space of one year can make u run mad

when is registration going to commence

chai

a classic case of a dog going back to its vomit

Buhari is getting wailers more confused.

L

Leboska:
if @ all this is true I can bet you is going to be 99% northerners & 1% southerners.

Remove the cobwebs from your dusty brain....

If dis has truly bn implemented wit all fairness then I say it's gud of Buhari but I ll be waiting for d denial frm Lie mohammed (is d guy back frm China?). also d moment I saw Adeosun, I knw she ll be speaking abstract n truly I saw abstract.

Leboska:
if @ all this is true I can bet you is going to be 99% northerners & 1% southerners.

man, do ur research well before conclusion. We are literates and dats wah made us unique, don't b bias. Use ur education and knowledge wisely.

What is the meaning of this?

Leboska:
if @ all this is true I can bet you is going to be 99% northerners & 1% southerners.

And 99% notherners are not Nigerians abi

Cant u jus b positive for once


Are u allergic to good news?

Leboska:
if @ all this is true I can bet you is going to be 99% northerners & 1% southerners.

Okay

ThatIgboBoy:
a classic case of a dog going back to its vomit

The man is looking for something good to call an achievement as two years don de go. no tangible achievement except chasing Saraki about

janathans youwin is a scam
-lie-muhammed.

good

Them don share dat1 de tell us tori.

Leboska:
if @ all this is true I can bet you is going to be 99% northerners & 1% southerners.

Look at what tribalism has done to you.It is a shame..what a big shame.

This publication is a propagnda of the highest order. Instead of the govt to truly release the money owed Youwin3 awardees, they decided to resort to lying abt it. Pls, the whole world should disregard this fake news. Buhari & Adeosun pls, do the needful by truly paying up the awrdees,shun propaga cos it won't help anybody......