President Bola Ahmed Tinubu announced that his administration has allocated over N570 billion to the 36 states to enhance livelihood support for citizens nationwide. This announcement was made during his nationwide broadcast on Sunday.
Tinubu emphasized his administration’s commitment to the youth, highlighting the creation of student loans and other youth-friendly policies.
Despite ongoing protests, especially among the youth, against the current administration’s policies, including the fuel subsidy removal, the President outlined various measures aimed at mitigating the prevailing hardships.
He stated, “We have secured $620 million under the Digital and Creative Enterprises (IDiCE) program to empower our young people, creating millions of IT and technical jobs that will make them globally competitive. These programs include the 3 Million Technical Talents scheme. Unfortunately, one of the digital centers was vandalized during the protests in Kano. What a shame!
“In addition, we have introduced the Skill-Up Artisans Programme (SUPA), the Nigerian Youth Academy (NIYA), and the National Youth Talent Export Programme (NATEP). More than N570 billion has been released to the 36 states to expand livelihood support for their citizens. Additionally, 600,000 nano-businesses have benefitted from our nano-grants, with another 400,000 expected to benefit.
“Furthermore, 75,000 beneficiaries are set to receive our N1 million Micro and Small Business single-digit interest loans starting this month. We have also built 10 MSME hubs within the past year, creating 240,000 jobs through them, with 5 more hubs to be completed by October this year.”
These comments from the President follow Governor Abdullahi Sule of Nasarawa State’s call for Nigerians to hold their governors accountable for the improved revenue from the federal government. “Instead of just looking at the federal government, let the people hold every state governor responsible. What are you doing with the improved revenue you are getting? Until every state governor comes back and says we are doing this and that,” Sule said in an interview last week.
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