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FG Approves N110bn For Youth Development Fund, Agric Scheme

Published

1 year ago

March 25, 2024

The Federal Government has approved a total of N110 billion to be released for the operation of the newly restructured Youth Development Fund and the investment in agricultural Small and Medium Enterprises.

While N25bn each was appropriated in the 2023 supplementary and 2024 budgets, another N60bn would come from the Central Bank of Nigeria, said the Minister of Youth Development, Jamila Ibrahim, after Monday’s Federal Executive Council meeting at the Aso Rock Villa, Abuja.

Ibrahim explained that although the Nigerian Youth Investment Fund was established in 2020, the current administration commissioned a technical committee to review and restructure it with the aim of institutionalising it through a legal framework, which will lead to the establishment of the Nigerian Youth Fund.

“We have secured council’s approval for the immediate release of N25bn from the 2023 supplementary Appropriation Act and an additional 25bn from the 2024 Appropriation Act for the Youth Development Fund appropriation in the budget.

“We also received an additional approval from council for a N60bn release from the Central Bank of Nigeria through the agric investment of a small medium enterprises scheme.

“This will go a long way to support young businesses and bring a lot of succour to young persons, to strengthen and scale young businesses,” said Ibrahim.

An offshoot of revamped Youth Investment Fund, the Minister said, is the establishment of clusters focused on commodities of comparative advantage across the six geopolitical zones.

She explains, “The spread would be across the Six geopolitical zones in the first phase, and we are already in talks with some state governments. We’re in touch with the Katsina state government, where the clusters will be around the cotton value chain. The cotton cluster has a potential to stimulate the textile garment and fashion industry and employ about 50,000 persons through direct and indirect engagements.

“We are also in talks with the government of Ebonyi State to strengthen the rice-producing communities by empowering the young people and bringing them in clusters to increase rice production and of course, managing the waste that comes from rice production,

“In states like Niger, we’ve gotten a commitment of over 10,000 hectares of land to commence our cluster formation and then the benefits of clusters actually would go a long way to ensure that we leverage on economics of scale, where we have young people leveraging or sharing rather equipment and infrastructure.”

Ibrahim also revealed that the council has granted approval for the institutionalisation of a 30 percent youth quota in all government appointments and an equitable young women representation inclusive of the 30 per cent.

She said this would address the “Long-standing marginalisation and exclusion of young people in decision making, and will also encourage young people to participate in decision-making processes and in civic engagements. This will in turn lead to young people contributing tremendously to national development agenda.”

Meanwhile, the council approved the report of a basic healthcare provision for a sector-wide approach.

This sector-wide approach will “eliminate the defragmentation” between basic health care centres provision fund and its development partners, said the Minister of State for Health, Mr. Tunji Alausa.

The basic healthcare care provision fund has three gateways—the primary care gateway, the National Health Insurance gateway, and the emergency services gateway.

Alausa said the sector-wide approach is to “align what our development partners are spending which are basic healthcare provision fund so that we can begin to eliminate the defragmentation that we have in the system where there is no coordination with basic healthcare provision fund and our development partners.

“What we’ve done now is to align and coordinate so that more resources will be directed to our primary health care centres where we’ll have more money to increase the immunisation to children.”

He said the new approach would help direct more money to maternal and child health, sexual and reproductive health, and nutrition for children to be better equipped with better brain development.

More funds will also flow to efforts to fight tuberculosis, HIV & AIDS and improve the welfare of frontline workers, he explained.

“So that memo was brought in for final approval by the Federal Executive Council today, which was approved. But we’re moving through speed to implementing our sector-wide approach,” he affirmed.

Alausa also announced the purchase of state-of-the-art CT Scanners for the Federal Teaching Hospital Gombe, saying, “More of these will be coming to FEC.”

Headline

Former NBA Player Ben McLemore Convicted Of Raping Incapacitated Woman

Published

12 hours ago

July 4, 2025

Editor

An Oregon jury found former Houston Rockets guard Ben McLemore guilty on Thursday of raping a woman in while playing for the Portland Trail Blazers in 2021.

Deliberations lasting around 10 hours after an 11-day trial concluded with the jury in Clackamas County finding McLemore, 32, guilty on one charge of first-degree rape, one charge of first-degree unlawful sexual penetration and one count of second-degree sexual abuse. He was found not guilty on an additional count of second-degree sexual abuse.

McLemore pleaded not guilty to all four counts before the verdict. His sentencing is scheduled for 10:30 a.m. Wednesday, July 9.

The charges stem from a report of sexual assault in Lake Oswego, Oregon, on Oct. 3, 2021. McLemore was identified as a suspect during a police investigation.

A Clackamas County grand jury heard evidence in the case in February 2024, which included testimony from the woman who said McLemore assaulted her. He was indicted and an arrest warrant was issued, according to Lake Oswego police. McLemore was arrested by U.S. Marshalls two months later.

Clackamas County prosecutor Scott Healy reportedly told jurors the victim found herself being sexually assaulted by McLemore while partially conscious the morning after a party.

Healy said that the victim had been drinking heavily at the party and had passed out on a living room couch at the party around 2 a.m.

McLemore’s attorneys reportedly disputed the victim’s account, claiming she had initiated sexual contact with McLemore and had consented to it. They also claimed that despite the victim and McLemore both being intoxicated, the victim was sober enough to consent.

McLemore played parts of two seasons with the Rockets from 2019-2021. He was the seventh pick in the 2013 draft out of Kansas and played for five teams across nine NBA seasons. After playing the 2021-2022 season with the Trail Blazers, McLemore went overseas to continue his playing career. He has played for teams in China, Greece, Spain and Turkey over the last three years.

Headline

Russia Launches Largest Assault On Ukraine

Published

12 hours ago

July 4, 2025

Editor

The Kremlin said on Friday that it sees no immediate diplomatic way out of the war in Ukraine, hours after launching its largest ever drone and missile barrage of the invasion.

The hours-long bombardments across Ukraine came just after a telephone call between the US and Russian presidents ended without any breakthrough.

AFP journalists in Kyiv heard drones buzzing over the capital and explosions ringing out throughout the night as Ukrainian air defence systems fended off the attack.

“We are interested in achieving our goals in the course of the special military operation and it is preferable to do it by political and diplomatic means,” Kremlin spokesman Dmitry Peskov told reporters, referring to its invasion, launched in February 2022.

“But as long as that is not possible, we are continuing the special operation,” he said in a briefing, including with AFP.

US President Donald Trump had said he made no progress in discussions one day earlier with President Vladimir Putin on ending the war, while the Kremlin vowed to pursue its war aims.

A senior Ukrainian official told AFP that Trump and Ukrainian leader Volodymyr Zelensky were planning to speak later on Friday.

Tymur, a Kyiv resident who said he had experienced previous Russian attacks, told AFP that the assault in the early hours of Friday was different.

“Nothing like this attack had ever happened before. There have never been so many explosions,” he said.

– ‘War and terror’ –
Zelensky said air alerts had begun echoing out across the country as the Trump-Putin call was getting underway.

“Yet again, Russia is showing it has no intention of ending the war and terror,” Zelensky said on social media.

“All of this is clear evidence that without truly large-scale pressure, Russia will not change its dumb, destructive behaviour.”

He urged the United States in particular to increase pressure on Moscow, which on Friday announced fresh territorial gains on the front line with the capture of a village in the Donetsk region.

Poland said its embassy building in Kyiv had been damaged in the attack but that staff were unharmed.

Germany’s foreign ministry meanwhile said that the timing of the attack — just after the leaders’ call — showed that Moscow “continues to rely on brute force”.

“Ukraine needs more to defend itself, not less,” the ministry said on social media.

A government spokesman said Germany was exploring the possibility of purchasing more Patriot air defence systems from the United States for Ukraine.

Zelensky said 23 people were wounded in the barrage, which the air force said comprised 539 drones and 11 missiles.

A representative of Ukraine’s air force told Ukrainian media that the attack was the largest of the Russian invasion, launched in February 2022.

– ‘Complete disregard’ –

Overnight Russia attacks have escalated over recent weeks.

An AFP tally found Moscow launched a record number of drones and missiles at Ukraine in June when direct peace talks between Kyiv and Moscow appeared to stall.

In Kyiv, AFP journalists saw dozens of residents of the capital taking shelter in a metro station.

Yuliia Golovnina, who said she shelters at the metro regularly, described to AFP the worry that comes with hearing an explosion during an attack.

“Will there be another one? Will something collapse on you?” the 47-year-old said.

“So in those seconds, you just hold your breath and wait to see what happens next,” she added.

In Kyiv, concerns mount over whether the US will continue delivering military aid, which is key to Ukraine’s ability to fend off the drone and missile barrages.

The US announced this week it was reducing some of its aid deliveries.

European Commission President Ursula von der Leyen said this was a clear signal that the 27-nation European Union needed to “step up”.

Ukraine has also ramped up its retaliatory strikes in Russia, where a woman was killed when a Ukrainian drone crashed into an apartment building, the acting regional governor in Rostov said.

Talks, spearheaded by the United States to secure a ceasefire, have stalled but Ukraine and Russia announced a fresh swap of prisoners of war with Ukraine.

The two sides said it was part of agreements reached during talks in Istanbul last month.

AFP

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We’re Ready To Start Gaza Ceasefire Talks ‘Immediately’ – Hamas

Published

12 hours ago

July 4, 2025

Editor

Hamas said Friday it was ready to start talks “immediately” on a proposal for a ceasefire with Israel in Gaza, after holding consultations with other Palestinian factions.

“The movement is ready to engage immediately and seriously in a cycle of negotiations on the mechanism to put in place” the terms of a draft truce proposal received from mediators, the militant group said in a statement.