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FG Flag-Off NYIF Application Process

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Joel Ajayi

The Federal government has officially flagged off the start of the National Youth Investment Fund applications process.

Minister of Youth & Sports Development t. Mr. Sunday Dare made this announcement on Thursday in Abuja when he addresses major unfolding issues relating to the initiative.

“It is my pleasure to address you as we record yet another milestone in our drive to increase the government’s investment in our youth, who we recognize as assets and not problems. This mindset is the impetus that propelled us to approach the Federal Executive Council to approve the Nigeria Youth Investment Fund (NYIF) as a ringfenced Fund for the Nigerian youth, our own sort of a Youth Bank.

“The Federal Executive Council on July 22, 2020, thus approved the Nigeria Youth Investment Fund (NYIF) to the tune of N75 billion spread over three years to cater to youth-owned businesses and investment needs. Following the approval, the Ministry of Youth and Sports Development set up three distinct bodies to work out the operationalization of the Fund.

“These are A Steering Committee which is chaired by me with the Honourable Minister of Finance, Budget and National Planning, Minister of Women Affairs and Social Development, Minister of Industry, Trade and Investment and the Governor of the Central Bank of Nigeria as members.

 

“There is also the Technical Committee chaired by the Permanent Secretary, Ministry of the Youth and Sports Development with other members drawn from the relevant MDAs with representatives from the CBN, the Ministry of Finance, Budget and National Planning among others. More importantly, there is the Focal Group, largely made up of youth that was selected based on their knowledge and specialized areas of expertise with the major task of being a springboard for gauging youth’s perception, expectations, and input to the Fund.

 

“I am pleased to inform you that membership of the three groups is on the basis of volunteer work and is therefore unpaid. The commitment with which they worked ensured that we are able to rapidly get to the stage we are at today. For me, this commitment signifies the drive and passion that the Nigerian Youth are renowned.

 

“These three groups were within this short time able to harmonize the input of stakeholders such that the delivery vehicle that guarantees access for all eligible youth was immediately prepared to commence the application, processing, and disbursement of the Fund. The assignment of the three groups culminated in NISRAL Microfinance Bank being selected as a disbursement agency, given its reach and spread which ensure that youth across the country have access to apply for the Fund.

 

“I must mention the support we enjoyed from the Central Bank of Nigeria (CBN), which in line with Mr. President’s directive, provided the initial N12.5 billion naira required for the Fund to operate in the remainder of the year 2020. We are also grateful that the Ministry of Finance, Budget, and National Planning has on its part committed to providing the next tranche of the Fund in the 2021 Budget.

 

“With the great work put in place by stakeholders and in line with Mr. President’s desire to increase investment in the youth, the loan provided under NYIF has an interest rate of 5% per annum. Youth applying as an individual or non-registered businesses are able to draw up to two hundred and fifty thousand nairas (₦250,000.00), while youth-owned registered businesses can apply for up to three million naira (₦3,000,000.00). Loans are with a tenure of five years and a moratorium of up to 12 months.

 

“Our commitment to seeing the youth succeed is such that the loan is bundled with training that will ensure business sustainability for successful applicants. It is my belief that the Fund will grow to become a permanent feature of our society when beneficiaries run successful businesses and repay their loans.

 

It is the least that beneficiaries of this round of Funding can do for those coming after them.

“It is therefore my pleasure to officially announce the start of the NYIF application process.

However, application is available online on NISRAL Microfinance Bank’s site, www.nmfb.com.ng . Applicants can also visit our website, www.youthandsport.gov.ng and www.noya.ng.

 

Speaking also was the permanent Secretary Ministry in of Youth Mr. Gabriel Aduda he expressed: “It’s historic in any way, it’s happening for the first time for the Development all Nigerians Youth.”

He commended President Muhammadu Buhari and the Ministry of Youth.

Also Speaking the representation of Central Bank of Nigeria CBN  the Director of Development Finance  Department Mr. Philip Yila Yusuf commended the creativity of the Minister of Youth and Sports Development.

According to him, the process is quite democratic, we are encouraging all youth to apply to contribute to national development N12.5billion is readily available for youth to grab.

 

 

 

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How Ogundiya Folarin Oladapo Crossed The Border For Safety

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Ogundiya Folarin Oladapo. Is a Nigerian citizen from Ijebu North Local Government Area of Ogun State. Ago Iwoye, a relative, spoke to our reporter extensively about the whereabouts of Ogundiya and the circumstances that compelled him to flee the country and why he may be scared to return.

According to Mr Iwoye, Ogundiya was faced with persecution and threats to his life owing to his sexual orientation. He was born and raised in Ogun State, Nigeria. He grew up in an environment where family, community, culture and religious beliefs played important roles in everyday life. Ogundiya had always considered his hometown a place of belonging. His family, childhood experiences, friendships and memories were all connected to that environment.

Ogundiya is a quiet, simple and easy-going person. He had never been someone who enjoys conflict or confrontation. His greatest desire was to live an ordinary life, maintain meaningful relationships and build a future for himself.

However, there is a deeply personal aspect of his identity that has made living in Nigeria extremely difficult for him. He is a bisexual. Yes! I don’t think he chose to be so. And it is not something he can simply change because of the expectations of society. His sexual orientation is part of who he is.

Growing up in Nigeria, he understood that same-sex relationships were strongly condemned by many people. He knew that being identified as a gay or a bisexual could result in discrimination, rejection, humiliation, violence and serious legal consequences.

For these reasons, Ogundiya, I presumed, kept his sexuality private. He did not feel safe openly discussing his feelings or relationships. He was constantly conscious of the possible consequences if people discover this aspect of his life.

He was not hiding because he was ashamed of being human. He was hiding because he was afraid of what people might do if they found out.

On 21st September 2026, his life took a frightening turn. His mobile phone was faulty and he needed to make some important calls, so he took his younger brother’s phone, to make a call to his work place, but unfortunately the first message that popped in was that of his partner who had been worried for not reaching him for some days and wanted to pass an important message to him, his brother saw the message first and all the doubt about his sexually orientation was cleared as he has been so suspicious of Ogundiya for some time because of his closeness to his partner whom they always disguised as friends. He immediately reported to other members of his family. Part of the message read:

“Guy, we are in big trouble. Our romantic secret is now public. Someone was monitoring us. Please, stay in the dark for now.”

When he received and understood the seriousness of that message, he became extremely worried. It suggested that someone had been monitoring their private relationship and that information about them had reached other people.

What he had spent a long time keeping private was suddenly exposed.
The discovery also came as a shock to his family because they had not previously known about his bisexuality. He was frightened about their reaction and, more importantly, about the possibility that other people in the community would find out.

The situation quickly escalated, because his brother told one of his friends who also told other people in their small community. Surprisingly, a group of people gathered around his family residence, demanding to see Ogundiya, they were angry about his sexuality and were making threatening statements.

He could hear people saying he is gay and calling for his punishment. Some were demanding that he should be killed through mob justice, while others were threatening to hand him over to the police for prosecution.

At that moment, Ogundiya realised that his life was in danger.
He was terrified when he realised that the people gathering outside were looking for him.
He could not confidently rely on anyone to protect him and he knew that remaining inside the house could expose him to serious harm.

In the confusion, Ogundiya managed to escape through a latrine window and made his way into the nearby alleyways.

He left without shoes and sustained bruises during his escape; no opportunity to collect his belongings or make any proper arrangements. The only important things he managed to take with him were his passport and a small envelope containing some emergency money.

As he moved away from the house, people were shouting accusations and threatening to deal with him because of his sexuality, some of their allegations were that if he is allowed to stay alive that he will influence younger people in the community. “As for me, as his relative, I can’t contribute to harming him because I didn’t create him.” Owoye said.

Ogundiya was deeply frightened. He could not believe that the place where he had grown up and lived with his family had suddenly become somewhere he could no longer feel safe.

He had not committed any act of violence against anybody. He was being threatened because of his sexual orientation and a private relationship. But to be honest, both our tradition and the government law forbid such practices among men. Even women are forbidden to indulge in same sex relations, it is a grievous taboo and it could attract serious consequences such as death, Iwoye said.

“The possibility of being attacked by a mob was particularly frightening because he knew how such situations could become uncontrollable. He was also afraid of being arrested and prosecuted under Nigeria’s laws concerning same-sex relationships.”

But the public may want to know how he fled the country? I can only attribute it to divine powers. Because all of us are sinners. Maybe the Almighty God has not finished with him.

However, Ogundiya told me that initially, he considered relocating to another state in Nigeria. He thought that perhaps moving far away from Ogun State would allow him to start again without the people who had threatened him knowing where he was.

However, the more he considered this option, the more afraid he became.His concern was that the hostility towards people with his sexual orientation was not limited to his hometown. He feared that he could face similar treatment elsewhere if his sexuality became known.
He was also worried about the legal consequences of being identified as bisexual and the possibility of being reported to the authorities.

He did not believe that simply moving to another state would provide lasting protection. He could potentially spend the rest of his life hiding his identity, avoiding relationships and constantly worrying about being discovered.
He, therefore, began looking for a way to leave Nigeria.

His decision was not motivated by a desire to abandon his family, culture or country. He left because he was afraid for his life and believed that remaining in Nigeria would expose him to further persecution.

Because he had limited resources and did not know how to arrange a safe journey out of Nigeria, he began looking for assistance.

During this period, he came into contact with a man named Chinedu, who was from the eastern part of Nigeria.

He told him that he could facilitate his movement across the border into a neighbouring country. He demanded a substantial amount of money for the journey and assured Ogundiya that he could help him get across.

He was desperate to leave Nigeria. He was frightened, vulnerable and had very few alternatives. He eventually paid the amount he requested because he believed that Chinedu would help him reach safely.

Unfortunately, the journey did not turn out as he had expected.
At some point during the journey, he was taken to a rural transit camp. The location was unfamiliar to him and he had limited access to money, communication and independent means of travelling.

Ogundiya became increasingly dependent on Chinedu because he did not know the area or how to continue the journey alone.

It was during this period that Chinedu allegedly began taking advantage of his vulnerability.
He experienced sexual molestation, physical coercion and intimidation. Ogundiya was subjected to unwanted advances and pressure, accompanied by threats that he could be abandoned or handed over to local police or hostile individuals.

He felt completely helpless. The person he had trusted to help him escape danger had become another source of danger.

He was particularly frightened because he had already experienced threats in Nigeria and did not want to find himself in another situation where his sexuality could be used against him.

The experience affected Ogundiya deeply. He felt violated, humiliated and emotionally overwhelmed. He found it difficult to speak about what had happened because of the shame and fear associated with the experience.

He had left his home in search of safety, but he found himself being exploited by someone who knew how desperate he was.

Eventually, he found an opportunity to escape from the transit camp.
He left during the night and began walking along isolated dirt roads. He did not have a reliable means of transportation, and he was uncertain about where the roads would lead.

He continued walking because he was afraid of being discovered and taken back.
After walking for several miles, he eventually reached a major humanitarian post near the border. By then, he was physically exhausted and visibly distressed.

He stopped to rest because he was struggling to continue walking.
He was pale, tired and emotionally drained. He had experienced more than he could easily explain, and he desperately needed assistance.

While he was resting near the humanitarian post, a Nigerian man travelling by car towards the neighbouring country noticed him.
He stopped his vehicle and approached Ogundiya. He introduced himself as Olamide, a Yoruba man from Osun State.

Initially, Ogundiya was afraid to speak to him. After his last experience with Chinedu, he found it difficult to trust another stranger.
However, when he discovered that Olamide was also Yoruba, he became a little more comfortable.

Eventually, he explained what had happened to him to Olamide. He told him about the threats against him in Ogun State, the circumstances surrounding his escape from home, his journey with Chinedu and the exploitation he had experienced at the transit camp.

Ogundiya became emotional while explaining everything because the experience had been extremely traumatic.
Olamide listened to him and appeared deeply affected by his account.

Olamide told Ogundiya that his circumstances reminded him of his younger biological brother, who had reportedly experienced a similar situation after his bisexuality became known.

He explained that his brother had narrowly escaped mob violence and had subsequently been assisted in travelling to Europe because of fears of persecution and prosecution in Nigeria.

Olamide introduced himself as a member of the International Committee of the Red Cross (ICRC) and said he would try to assist Ogundiya in finding safety abroad.

He promised to help arrange his journey to Europe, where he could seek protection and have an opportunity to rebuild his life.

At that point, he was emotionally exhausted and uncertain about what would happen next. However, his offer gave Ogundiya some hope that he might finally escape the circumstances that had placed his life in danger.

A few weeks after meeting Olamide, he fulfilled his promise and arranged for Ogundiya to travel to Dublin, Ireland.

His arrival in Ireland was a significant moment in his life. He had gone through fear, uncertainty, threats, exploitation and a difficult journey before eventually reaching a place where he could seek protection.

He was relieved to have reached Ireland, although the experiences he had gone through continued to affect him emotionally.

He is afraid to return to Nigeria because the circumstances that forced him to leave have not been resolved.
His sexuality was exposed in his community, and he was threatened by people who wanted to punish him because of it.

He fears that if he returns, he could be recognised, exposed again or subjected to further threats and violence.

Ogundiya is also afraid of the possibility of being reported to the police and facing prosecution under the laws criminalising same-sex relationships and conduct.

The experience of escaping from his family home remains deeply distressing. He remembered having to leave through the window, without shoes or belongings, because he feared what the people outside might do to him

He also cannot forget the exploitation he experienced during his journey. He had trusted someone because he was desperate to escape persecution, only to find himself in another frightening situation.

These experiences have made him fearful of returning to the circumstances from which he escaped.

He did not believe that moving to another part of Nigeria would necessarily resolve his difficulties. His concern is that the underlying hostility and legal risks associated with his sexual orientation would remain.

He wanted to live in a place where he could exist without constantly fearing that his identity would become a reason for violence, humiliation or imprisonment.

He did not leave Nigeria because he wanted to abandon his country or because he was looking for an easier life elsewhere.

He left because he was frightened for his safety and believed that he had no realistic way of protecting himself in the circumstances he faced.

He lost the security of his home, became separated from the people and surroundings he had known throughout his life, and experienced further exploitation while trying to escape.

The journey to Ireland was difficult, but it offered him an opportunity to seek protection and live with dignity.

He respectfully asks the Irish authorities to consider his circumstances, the threats he experienced, his sexual orientation, the circumstances of his departure from Nigeria and his genuine fear of returning.

He wanted an opportunity to rebuild his life without having to hide who he is or live under the constant threat of violence and persecution.

What can one do? Here in Nigeria, same sex relationships are prohibited and myself and others of his relatives wish that he lives his life as his God created him. Ogundiya had wanted a simple life without fear or threat of prosecution.

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