we dey look

[quote author=TheRareGem1 post=92005887]

This us not PDP my brother. [/quote
Magu is Pdp

Looted already

textilemania:
Na still rich man go end up squandering that money!


Who we offend for this country!

Bros I no understand ooo, I’m into farming(plantain, snail and about to enter pig) omo I suppose grow well so much idea but no money, no friends, no family for support. Therefore I just dey hope for better days so that I can even contribute my quota to this society. Before when I hia dis kind news I go leap for joy hoping say d money go reach people like us. Bros na audio money ..... sisi I no go see or hia say person wey know who I know or belong to same farming association get. This country na scam

TheRareGem1:
The Federal Executive Council (FEC) on Wednesday approved the sum of N75 billion for the establishment of the Nigerian Youth Investment Fund (NYIF).

The NYIF, also tagged ‘the Youth Bank’, would create financial support for the creativity and innovation of Nigerian youths within the age range of 18 and 35 years.

The Minister of Youth and Sports Development, Mr. Sunday Dare disclosed this to State House Correspondents after a lengthy FEC meeting on Wednesday night.

The Minister emphasised that those between the ages of 18 and 35, who have genuine business ideas would be eligible to pitch their ideas in any of the 125 micro-credit banks across the country and qualified candidates would have access to the funds.

Dare said: “For the first time in the history of Nigeria, the Federal Executive Council today approved the establishment of the Nigerian Youth Investment Fund (NYIF) to the tune of N75 billion. This fund will create a special window for accessing credit facilities and finance on the part of our youths that will help to fund their ideas, innovations."

“The best way to call it is that for the first time the country will have a youth bank.”

FEC also approved the Ministry of Youth and Sports Development to play a lead role in working on necessary steps in terms of legislation, organisation and other aspects of financing.

“The Federal Ministry of Finance, Budget and National Planning will take the lead when it comes to the aspect of the financing, working with the CBN, the Ministry of Youth and Sports Development and other relevant MDAs."

“A couple of other details will be released later, but I think the most important thing is that the N75 billion Nigerian Youth Investment Fund, to cater specifically for this target group, a population of over 68 million, got the attention and support of the Federal Executive Council today and this fund will be assessed by our youths, once they are able to present their ideas, they can assess this fund directly,” Dare added.

He, however, promised that just as the N-Power programme, the process of the Youth Bank would be digital and fair to all youth aged between 18 and 35 years, regardless of tribe or social status.

https://twitter.com/SundayDareSD/status/1286004140951375872?s=19

why is it that this govt is in love with sharing of money? instead of going to real investment, industries that will give real employment to the youth, maybe it is new method to loot.

Audio approval We are wiser now

This is a very good gesture from the Federal Government of Nigeria. Now I can see those prayers we had said in the past for Nigeria to get better, God is now answering our prayer.
I believe and pray, I will be part of the beneficiaries and the success story will be sweet in my mouth.
God bless Nigeria.

instead of Nigerian youths to be focused on how to go about securing these loans, and to publicize the process there by exposing those persons who either demand bribe and or frustrate the wheel of progress, they would rather sit arms folded and do nothing thereby making it easy for the thieves to actually perpetrate their intentions. Lets stop this arm chair warrior charade we always employ and actually go back to being the proactive people we used to be known for.

TheRareGem1:


This us not PDP my brother.

You are not mentally stable I see. If you are incapable of clearly stating the obvious that APC and PDP are the same then you are finished already

There is nothing left in you, you are done

TheRareGem1:


And the money is for youths. Reading negative comments on what would benefit you people later you will say you are not a beneficiary. Start blaming the government not knowing it is your village people.

Shut up!!!
Is Npower that was hijacked by those thieves in the national assembly meant for the elders? Was it not for the youth. So, how will this one be different?

Chris525:
Jeez! The same thing alot of you said about the NIRSAL loan. You still haven't learnt your lesson??

This level of pessimism & distrust for anything & everything by & from the Nigerian govt. is becoming a mental condition.

i think they are right. covid 19 na good example

gentlepraise:
Again 75b gone to some people private pocket.

Just watch and see!

you guys were the same that stood against NPOWER then....when you show a negative interest towards something, it will not materialize to something positive in your brain or eyes....

most of the people here speaking evil or negative of the programme will be the first to apply for it and if they have it, they wont come here to testify....Naija and Two-face

Lol. Oga go & prepare yourself and apply for the loan then come & share your experience. Until then keep quiet & stop spoiling things for others.

handsomebolanle:

You will learn... Dont worry...

What about COVID-19?

frank800:


i think they are right. covid 19 na good example

TheRareGem1:


And the money is for youths. Reading negative comments on what would benefit you people later you will say you are not a beneficiary. Start blaming the government not knowing it is your village people.

How does his complain, blame of govt& negative comment prevent him from being a beneficiary? Can u tell me how previous allocations benefitted d youths u are referring?

TheRareGem1:
The Federal Executive Council (FEC) on Wednesday approved the sum of N75 billion for the establishment of the Nigerian Youth Investment Fund (NYIF).

The NYIF, also tagged ‘the Youth Bank’, would create financial support for the creativity and innovation of Nigerian youths within the age range of 18 and 35 years.

The Minister of Youth and Sports Development, Mr. Sunday Dare disclosed this to State House Correspondents after a lengthy FEC meeting on Wednesday night.

The Minister emphasised that those between the ages of 18 and 35, who have genuine business ideas would be eligible to pitch their ideas in any of the 125 micro-credit banks across the country and qualified candidates would have access to the funds.

Dare said: “For the first time in the history of Nigeria, the Federal Executive Council today approved the establishment of the Nigerian Youth Investment Fund (NYIF) to the tune of N75 billion. This fund will create a special window for accessing credit facilities and finance on the part of our youths that will help to fund their ideas, innovations."

“The best way to call it is that for the first time the country will have a youth bank.”

FEC also approved the Ministry of Youth and Sports Development to play a lead role in working on necessary steps in terms of legislation, organisation and other aspects of financing.

“The Federal Ministry of Finance, Budget and National Planning will take the lead when it comes to the aspect of the financing, working with the CBN, the Ministry of Youth and Sports Development and other relevant MDAs."

“A couple of other details will be released later, but I think the most important thing is that the N75 billion Nigerian Youth Investment Fund, to cater specifically for this target group, a population of over 68 million, got the attention and support of the Federal Executive Council today and this fund will be assessed by our youths, once they are able to present their ideas, they can assess this fund directly,” Dare added.

He, however, promised that just as the N-Power programme, the process of the Youth Bank would be digital and fair to all youth aged between 18 and 35 years, regardless of tribe or social status.

https://twitter.com/SundayDareSD/status/1286004140951375872?s=19

Approximately 2billion per state + FCT with 1 billion for logistics/administrative charges.

There is need to know their thinking method.

ada9ja:
most of the people here speaking evil or negative of the programme will be the first to apply for it and if they have it, they wont come here to testify....Naija and Two-face

So it's that easy to get such benefits in Nigeria?

Can't we have correct database in this country?
Having database would make it more transparent. I fear for this 75 billion knowing the politicians we have.

lexy2014:


So it's that easy to get such benefits in Nigeria?

alot got covid19 loan from CBN through a national microfinance and you know that...so why will this not work?

ojokolax:
instead of Nigerian youths to be focused on how to go about securing these loans, and to publicize the process there by exposing those persons who either demand bribe and or frustrate the wheel of progress, they would rather sit arms folded and do nothing thereby making it easy for the thieves to actually perpetrate their intentions. Lets stop this arm chair warrior charade we always employ and actually go back to being the proactive people we used to be known for.

At what time were Nigerian youths known to be proactive people with regards d subject matter? How many times have u done d things u have highlighted& what were d results?

ada9ja:


alot got covid19 loan from CBN through a national microfinance and you know that...so why will this not work?

I don't no what u are talking about or did me & u discuss such an issue b4 that u say that I know about it? Which "national microfinance" are u referring to? Is there anything like "national microfinance"?

Another Cash out.

Someone should put up the link for eligible people to apply

Chris525:

Lol. Oga go & prepare yourself and apply for the loan then come & share your experience. Until then keep quiet & stop spoiling things for others.

Oga no vex.... I also tried applying sometime last month but couldn't access the site then...That you know people that got it is still no doubt how dirty the system is....
I tell you...we are in abysmal faulty country...

Lofty idea if implemented ooo......

TheRareGem1:


This us not PDP my brother.

Na PDP steal the NDDC money? Abi Magu na PDP. Why re you guys so miserably miserable?

TheRareGem1:


This us not PDP my brother.

The corrupt scandal currently going on in EFCC shows that it can never be PDP.

What about NDDC, is it PDP?

Perhaps all the corruption saga currently going on within the presidency means they are PDP members.

Oh! Oshiomole, Malami (AGF), Tinubu, Gandollar and even Buhari's nephew, a former recharge card seller are PDP members.

Those who started defending this corrupt regime in the likes of Sarrki, Simplyleo, Mannabbqgrils, Afamed, BuhariAdvocate, etc have now repented because of the level of lies they have witness in this administration. So, REPENT!!!

Na this one Buhari and Tinubu go become youth by force

ada9ja:


alot got covid19 loan from CBN through a national microfinance and you know that...so why will this not work?

Why not clearify that Northern states got the loan. Did it get to the south or east?

lexy2014:


I don't no what u are talking about or did me & u discuss such an issue b4 that u say that I know about it? Which "national microfinance" are u referring to? Is there anything like "national microfinance"?

no wonder u were sounding so off...u re not align with what is happening in the country....
https://nmfb.com.ng/ this is the bank that CBN used to disbursed loan to 80k households in Nigeria which I know 11 beneficiaries. Olodo