Tag: NYCN

The National Youth Council of Nigeria (NYCN) has said the appointment of Bello Bala Shagari as the Managing Director of Royal African Young Leadership Forum (RAYLF) by the Ooni of Ife, Adeyeye Enitan Ogunwusi, Ojaja II will not only advance the course of youth development but also propel Africa to the front line of excellence.

The President of NYCN, Solomon Adodo in a congratulatory message said the umbrella youth body was excited but not surprised by the choice of the Ooni saying he is a symbol of a new Nigeria.

“We at the National Youth Council of Nigeria are not surprised by the choice of His Imperial Majesty (H.I.M), Ooni of Ife, Adeyeye Enitan Ogunwusi, Ojaja II for the appointment of Bello Bala Shagari as the MD of the Royal African Young Leadership Forum. We are further confident that Shagari posses the credentials to propel the ideals of a modern Nigeria and Africa that the Monarch represents.

“We view this appointment as a demonstration of the Monarch’s vision of a modern society society where credible and competent persons are encouraged and given opportunity to contribute to growth and development of a viable society.

“The NYCN make bold to say that the Ooni of Ife is one of the world’s most venerated Royalties and Progenitor of Oduduwa kingdom. This is even so as he has a blend of tradition and modernity which he has always relied on for the advancement of his territory, Nigeria, Africa and the world in general”, the statement stated.

It further averred that the Nigerian youth would always identify with the ideals of His Royal Majesty for a better society and urged the appointee to justify the confidence reposed in him considering his pedigree.

“My very dear brother and compatriot, Bello Bala Shagari, I received the news of your appointment as the Managing Director of the Royal African Young Leadership Forum (RAYLF) with a great depth of excitement fused with strong optimism that the myriad problems affecting the African Youth will be dealt another significant blow.

“For an umpteenth time, I assure you that my prayers and that of the millions of Nigerian Youth across the world will be with you at all times. The National Youth Council of Nigeria remains ever ready to partner with you in the arduous but very actualizable task of building a new Nigeria and a great Africa”, Adodo stated.

“The fact remains doubtless that you’ve cut your teeth on the plinth of excellence wherever and whenever issues of Young leaders come to the fore. Your finely honed leadership traits aptly placed you in pole position to earn this coveted appointment from one of the world’s most venerated Royalties and Progenitor of Oduduwa, His Imperial Majesty (H.I.M), Ooni of Ife, Adeyeye Enitan Ogunwusi, Ojaja II. We are very certain that you will use this pristine office to further advance the cause of the Nigerian Youth and propel Africa to the front lines of excellence”, the statement added.

The National Youth Council of Nigeria has said the approval N75 billion for the establishment of Nigerian Youth Investment Fund, to be otherwise known as the Youth Bank has further confirmed its confidence that the President Muhammad Buhari administration is committed to ensuring self actualisation of the youths.

President of NYCN, Solomon Adodo in a statement issued in Abuja on Thursday explained that the initiative will not only energise the teaming number of youth with brilliant ideas but also steer economic growth of the country.

The Minister of Youth and Sports, Mr. Sunday Dare, had while disclosing the approval of the fund by the Federal Executive Council in Abuja on Wednesday said the fund would be created to support enterprises, ideas and innovations evolved by about 68 million Nigerian youths, aged between 18 and 35.

According to to the minister, the ‘youth bank’ will help to facilitate the acquisition of credit facilities to fund ideas and innovations that have the potential to create wealth and employment as well as develop the capacity of the Nigerian youth.

“Once again, President Muhammadu Buhari has proven that he is a leader that has the interest of the young population at heart. The coming of his administration has not left anyone in doubt of it’s vision for a productive and vibrant youths participation in national development.

” To ensure that youths are gainfully engaged, the administration introduced several economic intervention programmes such as anchor borrowers scheme, N-Power to mention a few. All these have helped in reducing the volume of youths that where before now idling about.

“In the political sphere too, the President demonstrated his desire for the youths to take leadership roles by assenting to the Not Too Young to Run bill into law as well as engaged a number of youths in his administration”, the youth body noted.

Though the minister earlier hinted that the Federal Ministry of Finance, Budget and National Planning, the Central Bank of Nigeria (CBN), the Ministry of Youth and Sports Development and other relevant ministries, departments and agencies (MDAs) would work out the modalities for its funding, the NYCN pledged to follow through to ensure that legible youths benefit from the initiative.

“NYCN notes with satisfaction similar funds made available by successive governments such as the Sure-P fund and the Agri-Business/Small and Medium Entreprise Investment Scheme as well as other youth friendly schemes which had the capacity to put an end to the unemployment situation in the country but were poorly implemented.

” Therefore, care must be taken to ensure that funds made available for this project are not diverted by selfish elements who are bent on robbing Nigerian youths of their birthrights and politicising every initiative for personal enrichment”, the statement added.