By Ernest Nzor,
The son of Kwara State governor, Farouk Abdulrazaq, who is a politician and business development manager, has commended President Muhammadu Buhari on the approval and establishment of a N75 billion Nigeria Youth Investment Fund (NYIF).
The investment fund has been approved for three years following a memo presented by the minister of Youth and Sports Development, Mr Sunday Dare.
In a statement made available to LEADERSHIP and signed by Farouk, he said, the establishment of the youth bank will assist in funding of the innovative ideas.
“The establishment of the youth bank will assist in funding and support of the innovative ideas, skills, talents and enterprise of the youths in the country.
“President Buhari has demonstrated his commitment to the youths by that gesture, I, also, will collaborate with relevant authorities to assist youths in my home state, Kwara.
“The youths are the future of Nigeria, and there is no investment that is too big, to help them maximise their potentials in their chosen endeavours.
He further said, the Youth Investment Fund is necessary at this point, where the youths are facing a post Covid-19 economy.