During a courtesy call on him by the Director-General of National Institute for Policy and Strategic Studies, NIPSS, Prof. Ayo Omotayo yesterday in Abuja, the minister revealed that the fund could only cater for 1.5 million youths which, according to him, is a fraction of the over 40% youth population of the country.
“From our youth fund, the entire N75billion approved for three years by the President can only deliver for 1.5m youths.
“So, there is a challenge of scale and that is why I often say that the youth business is everybody’s business,” he said.
He added that the current approach to dealing with population growth among young people is not sustainable and requires a more strategic, long-term perspective.
While emphasizing that youth is not a monolithic group, the Minister said: “We must look at the different strata of youth and then engage them.”
