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Nairametrics
Home Business News

#EndSARS: Governor Uzodimma approves N2bn for youth empowerment after talks with protesters 

Omokolade Ajayi by Omokolade Ajayi
October 24, 2020
in Business News
#EndSARS: Governor Uzodimma approves N2bn for youth empowerment after talks with protesters , Ogun, Imo States give free hand sanitizers

Hope Uzodinma, Governor, Imo State

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Governor Hope Uzodimma of Imo State has approved the immediate release of N2 billion for youth empowerment, following a fruitful meeting with a group of youths associated with the #EndSARS movement in the State. 

This disclosure was made by Governor Hope Uzodinma in his statement today, during his third state Broadcast to the people of Imo State, this week. 

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1/BROADCAST BY GOVERNOR HOPE UZODINMA OF IMO STATE ON SATURDAY OCTOBER 24TH, 2020 pic.twitter.com/OmWNbzzDyq

— Hope Uzodimma (@Hope_Uzodimma1) October 24, 2020

The Governor in his statement said that his heart is gladdened that a vast majority of the youth heeded the clarion calls to call off the #EndSARS protests, having laid down their points unmistakably. 

READ: FG launches application for N75 billion Youth Investment Fund at 5% interest, how to apply

However, he revealed that in line with his determination to address the needs of the youth and empower them, he has approved an immediate release of a take-off fund of N2 billion for the empowerment of youth in the state. 

He reiterated that the task is not complete until every single youth is pulled off our streets and kept a safe distance away from the reach of some unscrupulous elements whose demonic desire is to unleash endless carnage in some parts of the state. 

READ: GTBank, Zenith, Access, FBN, 10 others spend over N8 billion on CSR

What you should know 

Recall that the governor on the met with a group of youths embedded in the EndSARS protests. The group was made up of youth leaders from all parts of the country comprising leaders from the National Youth Council of Nigeria, Areewa, Ohanaeze, Afenifere, Hausa, Fulani, Middle belt and Niger Delta Youths 

However, during his interface with the youth, he assured them of a dedicated empowerment package, as part of his administration’s determination to address the needs of the youths and quell their dissatisfaction. 

READ: #ENDSARS Protests: Why this is different

  • The N2 billion take-off fund will be deployed for the training of the first batch of the beneficiaries, which will commence next week. The N2billion take-off fund is to be taken from the N6 billion earmarked for the accelerated youth empowerment programme. 
  • The empowerment programme is under the Imo State Special Youth Empowerment and Intervention Programme (IMYEIP). The State’s Ministry of Skills Acquisition and Entrepreneurship is directly charged with its immediate implementation. 
  • The programme is to begin training of the 1st, 2nd & 3rd Batches of an estimated number of 500, 000 Imo youths in different skills acquisition programmes within the next two years, and provide them with start-up capital to begin their own enterprises. 
  •  The training time table will be rolled out on Tuesday, October 27th, 2020. 
  • The 5000 Imo Youths who have already been trained in different skills under the IMYEIP platform, are to be given their start-up capital very soon. 

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Omokolade Ajayi

Omokolade Ajayi

Omokolade Ajayi is a graduate of Economics, and a certificate holder of the CFA Institute’s Investment Foundation Program. He is a business analyst, and equity market researcher, with wealth of experience as a retail investor.

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Comments 1

  1. Stanley says:
    October 25, 2020 at 10:44 pm

    These are short term and unsustainable palliatives. Governors should give better accounts of their allocations and IGRs aside from just paying salaries. It is their responsibility to spur the economic development of their states thru support for local industries and attraction of related investments by providing the enabling environment. Many states in Nigeria are so bare, basic and economic deserts, thanks to successive governors. Unfortunately, these clueless governors keep waiting for the federal government to develop their states for them despite the high rates of unemployment obtainable there. They may complain of insufficient allocation from Abuja, but there is no proof that things would improve with higher allocation when they have not given a good account of their previous and current allocations. Also, shouldn’t every state be aspiring towards self sufficiency, after all, crude oil income has proven to be unreliable and grossly insufficient in supporting Nigerian budget in recent times.

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