As a way of encouraging start-ups floated by youths in the State, the Administration of Governor Abba Kabir Yusuf, has distributed the sum of N800 million to distributed to business owned by youths.
The special intervention programme flagged off on Tuesday, in Kano, is said to be designed at supporting young entrepreneurs to start and expand their businesses.
Governor Abba said that the disbursement of the money is with immediate effect, across the 44 Local Government Areas of the State.
Governor Abba gave the directive, while launching the programme that a total of 5,384 young men and women selected as beneficiaries of the programme are to received ₦150,000, each.
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He noted that the programme was initiated as part of the administration’s commitment to improving the lives of young people in the State.
Governor Yusuf noted that the initiative was designed to help youths become active members of the business community and contribute to societal progress.
He urged the beneficiaries to make the best use of the funds to grow their ventures and secure a better future.
He also appealed to those who are still on the waiting list to remain patient, assuring them that the second tranche of the programme will be released soon.
The governor reaffirmed that his administration would continue to prioritise policies and programmes that empower young people and create sustainable livelihoods across Kano State.
Sources told BusinessDay that the bulk of the beneficiaries of the programme were picked from among the hundred of youths that were rehabilited from being political Tmthugs across the State.
Kano, Nigeria ‘s most populated State has been experiencing escalation in youths restifuness in the recent times, due to what experts attributed to mounting unemployment among the youths in the state.
The disbursement of the money to the beneficiaries, who are mostly street boys, is expected to reduce the escalation in urban crimes, largely been driven by the unemployed youths
