Federal Government Inaugurates Technical Committee to Launch National Youth Bank.

Written on 04/12/2024
The Nation Online

The Federal Government has taken a significant step toward youth empowerment by inaugurating a technical committee to establish the National Youth Bank.

According to a statement by Omolara Esan, Director of Information and Public Relations at the Federal Ministry of Youth Development, the initiative is designed to harness the potential of young Nigerians, support their ambitions, and drive lasting transformative change.

The announcement was made on Tuesday in Abuja, highlighting the government's commitment to fostering opportunities for youth development.



While addressing the committee members at a brief inauguration ceremony held in his office, Minister of Youth Development, Comrade Ayodele Olawande, said the committee members’ job is to guide the establishment of the youth bank in every critical aspect: its governance structure to the operational model, from the types of financial services it will offer to how it engages with young people.

He urged the committee to establish a strong foundation to ensure that the youth bank becomes a vibrant and sustainable institution.

The minister said that the committee is responsible for designing a comprehensive strategy for the bank, as well as developing operational and governance frameworks that will guarantee transparency, accountability, and long-term success.

Source