Jamila Ibrahim, the Minister of Youth Development, stated
this at the unveiling of beneficiaries of the grant in Abuja on Monday.
She said the funds represented a significant increase from
last year’s disbursement of $600,000 to 130 recipients, noting that this
demonstrated the growing commitment of the stakeholders to youth empowerment.
Ibrahim said President Bola Tinubu has consistently
emphasised the importance of the Nigerian youth in driving the nation’s economy.
She added that the increase in this year’s grant symbolised
more than just numerical expansion.
“This fund serves as a tangible manifestation of that
commitment, a bridge between the aspirations of our youth and the supportive
policies and resources needed to bring those aspirations to life,”Ibrahim said.
“This is a bold move to catalyse a wave of change,
encouraging our young citizens to play active roles in shaping the Nigeria we
envision.”
Ibrahim also said that this fund served to bridge the gap
between the ambitions of Nigerian youth and the resources needed to make them a
reality.