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FG stops grants for youths, alleges misappropriation

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Tony Okafor
The Federal Government has stopped giving grants to youths, instead, they will be giving revolving loans.
The Minister of Youth and Sports Development, Sunday Dare, stated this in Awka, the Anambra State capital at the end of a two-day workshop organised by the International Institute of Tropical Agriculture, Ibadan in conjunction with the National Root Crops Research Institute Umudike/International Fund for Agricultural Development.
The workshop was titled “Challenges and opportunities for rural youth employment in Sub-Saharan Africa: A mixed-method study to inform policy and development programmes.”
The Minister who alleged that most of the grants given to the youths were misappropriated and in some cases squandered, said “With this we have decided that there would be no more grants to the youths, instead they shall be given loans that they will repay after an agreed period so that others will benefit from the s ....

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