Sat. May 25th, 2024

FG to establish bank for youths — Minister

By admin Feb 1, 2024
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The federal government is in the process of creating a bank for the youth population. This is according to Minister of Youth and Development, Dr Jamila Bio Ibrahim on Wednesday in Abuja when announcing what the incumbent administration has up its sleeve for the teeming youth. Ibrahim gave the name of the bank as NextGen Bank saying it would come on stream this year’s April.

 

 

The NextGen bank is set to launch in April 2024. This retail development financial institution will provide grants, low-interest loans, and equity investments, catalysing youth entrepreneurship in the agriculture, sustainable mining, green energy, sustainable mobility, blue economy, healthcare services, education and skill development, financial services, ICT and telecoms,” the Minister stated.

 

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