Federal government backs 12,000 youth entrepreneurs

The Federal Government of Nigeria has engaged over 12,000 youths in local and global opportunities. It has also allocated more than N13 million in grants to support over 80 youth initiatives.

The Federal Government announced its support for youth entrepreneurship by engaging over 12,000 young people in various local and global opportunities. This initiative aims to empower youths through entrepreneurial activities. Additionally, the government has invested over N13 million in grants, benefiting more than 80 youth-focused projects. These efforts highlight the commitment to fostering economic growth among the younger population in Nigeria. The announcement was made public through official channels, emphasizing the role of such programs in national development.

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President William Ruto announces youth stipends at NYOTA event in Eldoret, surrounded by cheering young Kenyans.
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Ruto announces Ksh6,000 stipend for youths in training programme

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President William Ruto has revealed plans to provide a Ksh6,000 monthly stipend to 90,000 youths in an on-the-job training programme during the NYOTA event in Eldoret. He also highlighted the disbursement of Ksh250 million to 9,500 youths and clarified proper use of funds. The event took place on January 8, 2026.

President William Ruto has pledged billions in funding within the 2026/27 fiscal budget to empower youth and women. The National Treasury proposes Sh12 billion for youth and women groups, including education bursaries and training programs.

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The Federal Government has graduated over 7,000 newly recruited forest guards from seven frontline states, with immediate deployment ordered to bolster internal security and reclaim Nigeria's forests from criminal elements. The initiative follows a three-month intensive training program under the Presidential Forest Guards Initiative launched in May 2025 by President Bola Ahmed Tinubu.

Nigeria has promoted 70,000 paramilitary officers as part of efforts to strengthen security. The government is also deploying a high-tech immigration centre to tighten border control.

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A civil society organization has urged Nigerian youths to safeguard critical government infrastructure to bolster national security and development.

Nigeria's 2025 Tax Act promises to reshape the agribusiness sector by enabling multinational expansion. This new legislation focuses on creating opportunities for growth in agriculture-related businesses.

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The Strom Foundation has launched the Strom Scholars Award to honor students and promote Nigeria's infrastructure and economic development.

 

 

 

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