TINUBU’S YOUTH EMPOWERMENT PROGRAMMES ARE FOR ALL NIGERIANS, NOT POLITICAL INTERESTS - IDRIS. (PHOTOS). #PRESS RELEASE.
Press Release Tinubu’s Youth Empowerment Programmes are for all Nigerians, not Political Interests - Idris The Minister of Information and National Orientation, Mohammed Idris, has stated that President Bola Ahmed Tinubu’s youth empowerment initiatives are driven by a sincere commitment to expanding opportunities for young Nigerians, rather than partisan political considerations. Idris made the clarification on Tuesday night in Abuja during an interactive session with youths from the APC Youth Wing and tertiary institutions across the Federal Capital Territory, at The Nest Resource Centre, Abuja. The session, which featured open and candid conversations, was moderated by the APC National Youth Leader, Dr. Dayo Israel. According to the Minister, youth-focused programmes of the Tinubu administration are deliberately designed to be inclusive, accessible, and impactful, regardless of political affiliation. “NELFUND is for Nigerians; it is not for APC. The 3MTT is for Nigerians; ...
According to sources,a total of 4,116 buses valued N37 billion have been delivered to beneficiaries nationwide under the Federal Government's Public Mass Transit Revolving Fund {PMTF} Scheme.The Managing Director of The Infrastructure Bank,Mr Adekunle Oyinloye,state this in a paper he presented at a National Workshop for Chief Executive Officers of Mass Transit Companies in Abuja.Oyinloye said the buses were released to mass transit companies to provide cheap and affordable road transport services to Nigerians across the six geo-political zones and the FCT.According to him,the vehicles were provided under phase I and II of the N25 billion PMT scheme being managed by the Infrastructure Bank.He stated that the scheme has also empowered over 50,000 Nigerians,including bus drivers,bus assistants,auto-technicians and booking clerks,through direct employment.''In addition,the scheme has thrived in reducing poverty and enhancing regional integration,as more people are able to move easily across different regions of the country,and across the West African sub-region.The PMTF Scheme offers a single digit interest rate regime of five per cent per annum in Phase ! and zero percent per annum in Phase II.Thi has resulted in cost savings of about N10 billion when compared with the prevailing interest rate of about 25 percent per annum obtainable in other financial institution''.
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