In his Independence Day address, President Bola Ahmed Tinubu delivered a powerful message to Nigeria’s youth, describing them as the nation’s greatest assets and urging them to continue dreaming big and excelling in various fields.
“I have a message for our young people. You are the future and the greatest assets of this blessed country. You must continue to dream big, innovate, and conquer more territories in your various fields of science, technology, sports, and the art and creative sector,” President Tinubu declared.
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The President outlined several government initiatives aimed at empowering young Nigerians through education, entrepreneurship, and access to credit. He highlighted the National Education Loan Fund (NELFUND), which has supported approximately 510,000 students across 36 states and the Federal Capital Territory, benefiting 228 higher institutions. “As of September 10, the total loan disbursed was N99.5 billion, while the upkeep allowance stood at N44.7 billion,” he revealed.
Another key program, Credicorp, has provided affordable loans totaling N30 billion to 153,000 Nigerians for vehicles, solar energy, home upgrades, digital devices, and more. “Credicorp, another initiative of our administration, has granted 153,000 Nigerians N30 billion affordable loans for vehicles, solar energy, home upgrades, digital devices, and more,” the President said.
President Tinubu also announced the launch of YouthCred, a consumer credit scheme benefiting tens of thousands of National Youth Service Corps (NYSC) members. “YouthCred, which I promised last June, is a reality, with tens of thousands of NYSC members now active beneficiaries of consumer credit for resettlement,” he stated.
Looking ahead, the President spoke about the Investment in Digital and Creative Enterprises (iDICE) programme, designed to provide equitable opportunities for young Nigerians in technology and creative sectors. “Under our Renewed Hope Agenda, we promised to build a Nigeria where every young person, regardless of background, has an equitable opportunity to access a better future—thus, the Investment in Digital and Creative Enterprises (iDICE) programme,” he explained. The Bank of Industry, in partnership with the African Development Bank, the French Development Agency, and the Islamic Development Bank, is spearheading the initiative, which is nearing implementation.
President Tinubu’s address underscores the administration’s commitment to nurturing the potential of Nigeria’s youth as a cornerstone for national development and prosperity.