To encourage creativity among youths, the Federal Government of Nigeria, in partnership with international organizations, is mobilizing $500 million for investment in technology and creativity.
This was revealed yesterday by Vice President Yemi Osinbajo. He was announced at the 2021 National Gold Award Presentation, organized by the International Award for Young People (IAYP) at the State House in Abuja.
The event which is an initiative of the IAYP is the Nigerian version of the Duke of Edinburgh’s International Award.
The Chairman of the Board of Trustees of the IAYP is Mr. Olawale Edun.
Osinbajo described the youth as Nigeria’s most valued assets, saying the Federal Government valued their contributions to national development.
He added that the Muhammadu Buhari administration is doing everything to encourage their creativity.
Osinbajo said the African Development Bank (AfDB), which is at the forefront of raising the technology and creativity development fund, had already pooled about $170 million, adding that another initiative of the administration, the Nigeria Jubilee Fellowship Programme, will provide internship opportunities for 20,000 youths yearly for five years to hone their professionalism.
