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Tinubu Inaugurates Youth Confab Planning C’ttee, Gives Reason For Subsidy Removal

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President Bola Tinubu on Monday said he removed fuel subsidy to protect the future of the unborn generation.

President Tinubu stated this at the inauguration of the National Youth Congress Planning Committee at the Council Chambers, Presidential Villa, Abuja.

The President reaffirmed his administration’s commitment to youth empowerment, declaring that the government policies are designed to secure a prosperous future.

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He said: “I’ve listened to you carefully, today is not for long speeches, I just want to reassure you that you are you hope of the this country. Everything hangs on your future, every decision that I’ve taken is all about tomorrow.

“When you remove oil subsidy, you’re protecting the future of generations yet unborn, the youth. Where’s the investment for the infrastructure? When you listen to the majority of professionals talking about Japa, leaving Nigeria, it’s because if you grow prosperity back home and you empower people, they will not bother to leave, they will stay home. This is your home, to develop, build and make prosper.

READ ALSO: Tinubu Hosts Fubara, Wike, Govs, Others

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“Government of the day is all about you, take it very seriously. You can abuse politicians all you like, but politics is about development and the future generation. I’m glad you are all here as a committee to inspire today, tomorrow and the day after. I’m with you.”

President Tinubu said when his administration started, things looked difficult and tough but that he has been able to weather the storm.

He said: “When we started, it looked so foggy, dicey and hopeless. We tried hard and we were fetching water from a dry well, but today the economy has turned the corner; prices are falling, confidence in our economy is improving, investors are looking in, technology is advancing. You have the opportunity.

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“I’ve listened to the remark of your spokesperson, you have the great opportunity of advancing the development of this country, it’s all in your hands. Mine is to help navigate and push and lift the heavy weight problems, so I can clear the path for you to have a very great future, but it’s in your hands.

“Look at me in the face, tell me whatever you think is wrong and the way you want things done or suggestions. We’ll try to implement all of it as long as it is for the prosperity of this country.

“Mine is to assure you that we’ll do everything possible to make Nigeria a better place for you, but we can’t do it alone, you represent over 60% of our population, you’re the heartbeat of our nation and I hope you’ll take this opportunity very seriously.

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READ ALSO: Why I Resigned From APC – El-Rufai

“I am with you, I repeat again. I therefore inaugurate the committee. I wish you a very successful period, an interesting one. Let’s employ technology every way possible, let’s look at our farming conditions, let’s hear what we can do to empower youths in their firm spirit, let’s work for food sovereignty of this country.

“I like you, I can’t be youth again, maybe in the next life, I’m envious of all of you.”

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In his remarks, the Minister of Youth Development, Ayodele Olawande, said the confab will be convoked to promote youth engagement.

Olawande noted that President Tinubu’s administration is a listening government that is ready to be attentive and incorporate the ideas and incorporate the ideas and contributions of young people in governance.

He said that the members are carefully selected as representatives were drawn from the Federal Ministry of Finance, other related Federal Ministries, Civil Society Organisations, Non-governmental organisations the World Bank, amongst many others.

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He said they are to champion and plan for the conference that will impact the life of the youths of Nigeria

READ ALSO: JUST IN: Tinubu Not NASS Blocked My Ministerial Appointment – El-Rufai

According to the Minister, “the government aims to create opportunities for the youth and is focused on addressing their concerns.

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He urged Nigerian youths to take advantage of the youth confab to contribute developmental policies.

A lead member of the youth confab planning committee and Executive Director of Yiaga Africa, Samson Itodo, lauded President Tinubu’s commitment in recognising the youths.

“I would use this opportunity to appreciate the recognition of youths by the President”

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He outlined that the 30-day National Youth Confab will be segmented into virtual consultations, regional meetings and the last week of it will engage youths at the Abuja conference.

READ ALSO: Shameful Letter On Tinubu’s Slavish Assembly

Itodo urged the government to keep the confab completely insulated from politics.

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It would be recalled that President Tinubu during his 2024 Independence Day broadcast, announced the plan for a 30-day national youth conference to address critical issues facing the country’s youths, including unemployment, education, and political participation.

The Committee is to be chaired by the Permanent Secretary, Federal Ministry of Youth Development.

Among those inaugurated are Senate Chairman on Niger Delta Development Commission Asuquo Ekpeyong, Linus Okorie, Dr Garba Aliyu, Babatunde Adeleke, Francis Sani, Azeezat Yishawu, Sukubo Sara-Igbe Sukubo, Hauwa Nana Ibrahim, Zara Goni, Oladele Nihi, Dare Ojepe, Uchechukwu George Egbe, Samson Itodo amongst many others.

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Also represented in the planning committee are representatives of the Federal Ministry of Finance,the World Bank, Non-governmental organisations

Present at the inauguration were Chief of Staff to the President, Femi Gbajabiamila, Minister of Information and National Orientation, Mohammed Idris, Minister of Youth development, Ayodele Wisdom, Spokespersons to the President, Mr Sunday Dare and Mr Bayo Onanuga Senior Special Assistant on media, Tunde Rahman.

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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