Featured
“A New Era of Youth Empowerment: My Commitment to Transformative Initiatives”

By Dr. Jamila Bio Ibrahim
As the Minister of Youth Development in Nigeria, my commitment to empower our nation’s youth has been unwavering. I acknowledge the concerns regarding my visibility in the media, thus far.
Today, I address these concerns and share exciting developments that mark a new chapter in our journey towards youth empowerment.
Since assuming my role, I have focused on laying a strong foundation for strategies that will profoundly impact Nigerian youth, as the Minister of Youth Development, entrusted with the task of delivering on the consistent promise of Mr. President, His Excellency Asiwaju Bola Ahmed Tinubu, GCFR, to create enduring and sustainable streams of opportunities for Nigerian Youths.
This foundational phase, though essential, is less visible, but has involved aligning critical stakeholders within and outside the government to ensure the success of Mr. President’s initiatives.
One of the key reasons for my deliberate pace in announcing policies and initiatives has been the recognition of the trust deficit between the Nigerian youth and successive governments.
This fracture lies at the very core of our nation’s struggles with insecurity and poverty. Over the years, this trust has been eroded, leading to scepticism and disillusionment among our youth.
From the onset of my tenure, I have been determined not to perpetuate the cycle of unfulfilled promises and ineffective initiatives that have contributed to this mistrust.
Instead, my focus has been on diligently preparing and refining a vision and strategy that the Nigerian youth can not only believe in but also rely upon, in line with the Mr. President’s Renewed Hope Agenda and in consonance with the Ministry’s performance mandate.
We can begin rebuilding trust through thoughtful planning, transparent and honest communication, and the delivery of tangible and impactful programmes.
This approach is not about quick wins or surface-level engagements; it’s about laying a solid, credible foundation for a lasting relationship between the Nigerian youth and the government, one where promises made are promises kept, and initiatives launched are initiatives that genuinely make a difference.
Mr. President’s vision for the youth of Nigeria is transformative, encompassing comprehensive education and skills development and empowerment through various initiatives, and effective engagement at all levels.
Such a vision requires meticulous planning, collaboration, and strategic partnerships.
I understand that in this era of instant communication, the expectation for frequent updates is high. However, my approach has been to prioritize substance over immediacy, ensuring that when we speak, we do so with concrete plans and tangible results.
We are now at a pivotal moment where I can share the fruits of these foundational efforts. Our vision for Nigerian youth is not only ambitious but revolutionary, encompassing education, skills development, and empowerment across various sectors.
Here are some of the transformative initiatives we are proposing:
The NextGen Bank: Set to launch in April 2024, this Retail development financial institution, is a joint initiative with the Bank of Industry, private sector, and development partners and is dedicated to empowering youth and youth-led ventures.
It will provide grants, low-interest loans, and equity investments, catalyzing youth entrepreneurship in priority sectors such Agriculture, Sustainable Mining, Green Energy, Sustainable Mobility, Blue Economy, Healthcare Services, Education and Skill Development, Financial Services, ICT and Telecoms.
Youth Villages: In partnership with States like Niger, Katsina, and Ebonyi, we are establishing sustainable communities — both physical and virtual — focusing on regional economic strengths.
The sustainable communities will be hubs for economic, social, and political engagement, breaking grounds within Q1, 2024. This is apart from the planned rehabilitation of our existing Youth Development Centres across the country, which will commence in earnest this year, 2024.
Restructured and Reinvigorated National Youth Investment Fund (NYIF): In addressing the challenges of insecurity and poverty that presently grip our nation, it is crucial to recognise that our young people, who constitute over 70% of our population, are at the heart of these issues.
The government’s significant expenditure on security and social intervention programmes can be more effectively channelled by providing opportunities for our youth through education, empowerment, and engagement. In this light, the National Youth Investment Fund (NYIF), originally designed to fund youth-led ventures, plays a pivotal role. However, acknowledging that the NYIF has not fully met its objectives, I have initiated a comprehensive review of the programme.
To this end, a 13-member committee of experts has been constituted to evaluate and propose a restructured and revitalised NYIF.
The recommendations, which I plan to present for approval to Mr. President, the Federal Executive Council, and, if necessary, to the National Assembly through a bill, will ensure the fund’s efficiency and impact.
One of my foremost objectives is to secure a commitment of at least 2% of the Nation’s Consolidated Revenue to be annually allocated to the NYIF, ensuring a sustained and significant investment in the potential of our youth and, consequently, in the future of our Nation.
Because I am convinced that an investment today will save the Nation a fortune tomorrow. A stitch in time saves nine.
NYSC Reforms:
We are redefining the National Youth Service Corp as a comprehensive empowerment platform, focusing on employability and entrepreneurship to ensure graduates transition into dignified employment or entrepreneurial ventures post-service.
Skills Programme for Non-graduates and At-Risk Youths: Extending the skill development model of the NYSC programme, this initiative aims to empower young Nigerians lacking formal education or skills.
The Young Leaders’ Institute: In a significant stride towards cultivating a new echelon of visionary leaders, the Ministry of Youth Development is thrilled to announce the inception of the Young Leaders’ Institute. Modelled on the prestigious Aspen Institute, this initiative is uniquely tailored to the Nigerian context, offering an elite platform for leadership development.
Admission into the Institute is a mark of distinction, as it is solely by invitation only, ensuring that only the most promising young talents are nurtured.
What would set the Young Leaders’ Institute apart is its comprehensive mentorship programme, connecting fellows with an impressive network of local, regional, and global leaders. This mentorship is not just about guidance; it’s a gateway to unparalleled opportunities, experiences, and insights from seasoned leaders across various sectors.
The Institute is more than an educational programme; it’s a transformative journey that prepares the brightest young minds to lead with innovation, ethics, and a profound understanding of global and local challenges.
As we launch the Young Leaders’ Institute, we invest not just in individual leaders but in the future of Nigeria and the world. We will commence this institute in the 3rd Quarter of 2024, with an inaugural abridged fellowship programme mostly for existing young Nigerians serving in Government across the country, and we will start bringing in participants from outside of Government in 2025.
Proposal on Mandatory 30% Youth Quota in Government Appointments: In a landmark move towards empowering the Nigerian youth and integrating them into the fabric of our nation’s governance and policymaking, I am thrilled to announce the proposal of a 30% Youth Quota in all government appointments.
This initiative, which I have presented to His Excellency, President Bola Ahmed Tinubu, is designed to ensure that the voices, ideas, and energies of our youth are not just heard but are actively shaping the future of Nigeria.
The youth represent the vibrant heart of our nation, and by embedding them within the decision-making processes of our government, we are not only acknowledging their importance but also harnessing their potential to contribute to national development.
This quota is crucial in reducing the gap between government and youth, addressing national security challenges through positive engagement, and building a governance structure representing our diverse and dynamic population. As the Minister of Youth Development, I am committed to seeing this proposal become a reality, marking a new era of youth empowerment and participation in our beloved country.
These initiatives represent just a glimpse of what the youth of Nigeria can expect under my tenure. They are immediate, actionable plans set to roll out imminently and I am here to serve, lead, and deliver on the promise of a brighter future for our youth. Your voices are heard, and your concerns are taken to heart.
Together, we will embark on this journey of transformation and success.
I also seize this opportunity to express my gratitude to our development partners, including but not limited to the EU Commission, World Bank, Ford Foundation, Bank of Industry, AfDB, and the Africa Union – NEPAD. Their support has been instrumental in shaping these transformative programmes.
Moving forward, I am pleased to announce a new chapter in our communication strategy, which will offer regular updates on our initiatives, progress, and future plans through various media channels. We can expect timely updates, engaging infographics, and narratives showcasing our activities and achievements going forward.
Your feedback is invaluable, and I encourage every Nigerian youth to join us in this journey. Our collective efforts will undoubtedly forge a brighter future for our nation.
Thank you for your continued support and trust.
Dr. Jamila Bio Ibrahim Hon. Minister of Youth Development Federal Republic of Nigeria
Business
Tax Reform Bills: The Verdict of Nigerians

Ismaila Ahmad Abdullahi Ph.D
The public hearings conducted recently by the two Chambers of the National Assembly have elicited positive responses from a broad spectrum of Nigerians, cutting across regional interest groups, government agencies, civil society groups, concerned individuals, the academia, and Labour Unions, among diverse others. Contrary to a few dissensions hitherto expressed in the media, almost all the stakeholders who spoke during the week-long sessions were unanimous in their declaration that the hallowed Chambers should pass the tax reform bills after a clean-up of the grey areas.
The public hearings were auspicious for all Nigerians desirous of economic growth and fiscal responsibility. They were also a watershed moment for the Federal Inland Revenue Service, which had been upbeat about the tax reforms. Indeed, the public hearings had rekindled hope in the tenets of democracy that guarantee freedom of expression and equitable space for cross-fertilisation of ideas. Without gainsaying the fact, the tax reform bills have been unarguably about the most thought-provoking issues in Nigeria today, drawing variegated perspectives and commentaries from even unlikely quarters such as the faith-based leaders, student bodies, and trade unions, which speaks much about the importance of the bills.
In the build-up to the public hearings, not many people believed that the bills would make it to the second reading, much less the public hearings. Even the Northern stakeholders who seemed unlikely to support the passage of the bills have softened their stance and have given valuable suggestions that would enrich the substance of the bills. The Arewa Consultative Forum came to the public hearings well-prepared with a printed booklet that addressed their concerns. It concluded with an advisory that the bills should be “Well planned, properly communicated, strategically implemented and ample dialogue and political consensus allowed for the reforms to be accepted.”
The concerns of ACF ranged from the composition of the proposed Nigeria Revenue Service Board as contained in Part 111, Section 7 of the bill, the unlimited Presidential power to exempt/wave tax payment as proposed in Section 75(1) of the bill, the family income or inheritance tax as contained in Part 1, Section 4(3) of the bill, to the issues around development levy and VAT. On the development levy, the ACF stated that unless the Federal Government is considering budgetary funding for TETFUND, NASENI and NITDA, it does not see the “wisdom behind the plan to replace (them) with NELFUND”.
The position of the North was equally reinforced by the Supreme Council for Shariah in Nigeria, Northern Elders Forum, Kano State Government, Professor Auwalu Yadudu, and the FCT Imams. Like the ACF, these stakeholders lent their respective voices to the Section on the Inheritance Tax in Part 1 of the bill and the use of the term ‘ecclesiastical’, which, in their views, undermines certain religious rights and beliefs. The Kano State Government, represented by Mahmud Sagagi, affirmed that “we support tax modernisation” but cautioned that “we must ensure that this process does not come at the expense of states’ constitutional rights and economic stability”. Professor Auwalu Yadudu, a constitutional law professor, drew attention to the use of the ‘supremacy clause’ and cautioned that the repeated use of “notwithstanding” in the bills would undermine the supremacy of the Nigerian constitution if passed as such.
Other stakeholders that made contributions at the sessions included the Nigeria Liquefied Natural Gas, Fiscal Responsibility Commission, Revenue Mobilisation Allocation and Fiscal Commission, Federal Ministry of Industry, Trade and Investment, Institute of Chartered Accountants of Nigeria, Chartered Institute of Taxation of Nigeria, Nigeria Customs Service, and a host of others. While most of their concerns bordered on technical issues requiring fine-tuning, they were unanimous in their support for the bills. They aligned with the position of the Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji, Ph.D. and the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr Taiwo Oyedele, which is that the extant tax laws and fiscal regulations are obsolete necessitating reforms aimed at creating a fair and equitable tax and fiscal space to grow Nigeria’s economy.
In one of the sessions, Dr Zaach Adedeji expounded on the criss-cross of trade activities in the Free Trade Zone whereby companies misuse tax waivers as exporters to sell their goods or services in the Customs Area at an amount usually less than the price the operators in the Customs Area who pay VAT and other taxes sell theirs thereby disrupting business transactions. This way, the operators in the Free Trade Zone shortchange the government in paying their due taxes by circumventing extant regulations, which are inimical to the economy’s growth.
Overall, the presentations were forthright, foresighted, and helpful in elucidating the issues contained in the bills. According to the statistics read out at the end of the hearings at the Senate, 75 stakeholders were invited, 65 made submissions, and 61 made presentations. At the House of Representatives 53 stakeholders made presentations. By all means, this is a fair representation. Given the presentations, it is evident that the National Assembly has gathered enough materials to guide its deliberations on the bills. As we look forward to the passage of the bills, we commend the leadership of the National Assembly for their unwavering commitment to making the bills see the light of the day.
Abdullahi is the Director of the Communications and Liaison Department, FIRS.
-
Featured6 years ago
Lampard Names New Chelsea Manager
-
Featured5 years ago
FG To Extends Lockdown In FCT, Lagos Ogun states For 7days
-
Featured6 years ago
NYSC Dismisses Report Of DG’s Plan To Islamize Benue Orientation Camp
-
Featured5 years ago
Children Custody: Court Adjourns Mike Ezuruonye, Wife’s Case To April 7
-
Featured3 years ago
Transfer Saga: How Mikel Obi Refused to compensate me After I Linked Him Worth $4m Deal In Kuwait SC – Okafor
-
Sports2 years ago
TINUBU LAMBAST DELE MOMODU
-
News3 months ago
Zulu to Super Eagles B team, President Tinubu is happy with you
-
Featured5 years ago
Board urges FG to establish one-stop rehabilitation centres in 6 geopolitical zones