Minister of Youths and Sports discloses approval of N75bn youth bank by FEC

todayJuly 24, 2020

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The Minister of Youths and Sports, Sunday Dare on Wednesday, 22nd July 2020, disclosed the approval of an N75bn youth investment fund by the Federal Executive Council.

He made this disclosure at the closing of the council’s virtual meeting presided over by President Muhammadu Buhari to the State House correspondents.

In his statement, the minister described the fund as the “youth bank” which was set up to support qualified enterprises established by Nigerian youths between the ages of 18 and 35.

He added that more details about the scheme would be released later.

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