As a form of empowerment, the Federal Government has announced plans to give out 2,000 Compressed Natural Gas (CNG)-powered tricycles to youths in the informal sector.
The gesture, the Federal Government noted, would be done in collaboration with the Presidential Compressed Natural Gas Initiative (P-CNGi) to mark Nigeria’s 64th independence celebration.
This was disclaimed by Minister of State for Youth Development, Ayodele Olawand, at a press conference on Friday, urging Nigerians to remain hopeful about the federal government’s Renewed Hope agenda, assuring that “better days lie ahead.”
He said: “I have just concluded a meeting regarding a partnership between the Federal Ministry of Youth Development, the Presidential Initiative on CNG, and the Amalgamated Commercial Motorcycle Owners and Riders Association of Nigeria for a Tricycle Empowerment Programme targeting youths in the informal sector.
“On Tuesday, October 1st, we will launch the first phase of the project, distributing 2,000 CNG-powered tricycles to young people engaged in the transportation sector by the end of the year. This initiative will ensure that tricycle riders, who are predominantly youth, will spend only 20% of what they currently spend on petrol. This will improve their profit margins and reduce transportation costs for passengers.
“This initiative is not for APC members or politicians. It is for ordinary Nigerians who genuinely need it. We have ensured that this program is not for government officials’ relatives but for the people who will benefit the most.”
Olawande also appealed to Nigerian youths to embrace the various government initiatives, stressing that the future of the country lies in the hands of its youth.
The minister emphasised President Bola Tinubu’s commitment to empowering the younger generation, stating: “As our forefathers fought for the independence of this nation, it is our responsibility as the youth to preserve its unity for future generations. We must not allow ourselves to be used as agents of destruction under any circumstances.”
The minister added: “President Tinubu has demonstrated his commitment to fulfilling every promise he made to the youth. During his campaign, he vowed to prioritize youth inclusion in governance, and he has kept that promise. He approved a specific percentage for youth representation in his government, which has been implemented. Several young individuals have also been appointed as Directors-General, Executive Secretaries, and Chairpersons of agencies, parastatals, and boards.”
Olawande stated that the President’s appointments predominantly reflected the inclusion of children of average Nigerians to promote equal opportunities.
“This underscores the President’s desire to build a nation where no one is denied opportunities based on their background,” he said.
He said: “The President has initiated the Student Loan Scheme, which enables Nigerian youth to access quality education without financial constraints. He has also approved the establishment of the Nigerian Youth Academy (NiYA), which will provide young people with relevant skills to enhance their participation in business and the job market.
“As we confront the challenge of youth unemployment, the President believes that about 75% of job seekers can find opportunities within the growing MSME sector and through rapid initiatives at the Bank of Industry (BOI).
“Recognising the digital potential of Nigerian youth, the government also launched the ‘Digital Literacy for All’ (DL4ALL) program, which aims to train over 30 million young Nigerians in digital skills, in partnership with NYSC and NITDA.”
The Minister further mentioned the recent approval of a Youth House in Abuja, which he said would serve as a platform for youth to express their abilities, explore their passions, and identify their self-identity.
He also said the government has revamped the National Youth Investment Fund (NYIF), with an initial capital of N110 billion designed to provide financial support to young entrepreneurs and start-ups.
Permanent Secretary of the Ministry, Olubunmi Ojo, said: “The essence of today’s briefing is to highlight the achievements of the Ministry. Yes, as a youth, we deserve a lot, and that is why we demand a lot. But the present administration, led by President Bola Tinubu, GCFR, has shown commitment to meeting the needs of Nigerian youth.”
