News

FG Inaugurates Project Management Office For Implementation of N110B NYIF

Published

2 years ago

August 2, 2024

Joel Ajayi

Federal Government has inaugurated a Project Management Office (PMO) for the Nigerian Youth Investment Fund (NYIF), comprising technical persons from the government and the private sector, to manage the implementation of the N110 billion fund.

During the inauguration that was held in her office at Abuja, the Hon. Minister, Ministry of Youth Development, Dr. Jamila Bio Ibrahim stated that the project management office members are responsible for ensuring that they meet Mr. President’s expectations, which include providing sustainable ways for young innovative Nigerians to access capital for starting, growing, and expanding their businesses.

The Minister emphasized that the fund is crucial for achieving key aspects of Mr. President’s ‘Renewed Hope Agenda,’ especially in eradicating poverty, ensuring food security, promoting sustainable economic growth, and most importantly, increasing access to capital.

She said: “Members of the Project Management Office should note that any strategy that will be effective must be one that will ease the burden currently experienced by large numbers of Nigerian youth in accessing finance to become self-employed. Such a strategy also needs to provide opportunities for developing their entrepreneurial skills, access to markets, and mentorship, in such a manner that will guide their transition into the challenging business environment and support their growth and sustainability.”

Dr. Ibrahim maintained that the restructured NYIF will be implemented with professionalism, fairness, and utmost integrity. She also stated that timely and results-based implementation are crucial, and she will be requesting periodic briefs and evidence-based updates throughout the process.

She urged the team to follow her vision of establishing a formalized fund that would not only offer access to funding for a substantial number of Nigerian youth, but also provide mentorship and other business support services.

The Honourable Minister explained the importance of including vulnerable groups and underserved communities, as well as ensuring a fast application and fund disbursement process.

“I expect you to hit the ground running and deliver short-term results within the next three to four weeks. At that time, I expect all activities to have been concluded to commence the first tranche of disbursement,” she stated.

In his welcome address, Mr. Olusanya Olubunmi, the Permanent Secretary of the Ministry, tasked the Project Management Office with the responsibility of overseeing the National Youth Investment Fund (NYIF) to ensure it achieves its set objectives. He urged members to adhere to the Public Service Rule and Financial Regulations and to manage the fund in accordance with the approved conclusion of the Federal Executive Council (FEC).

Mr. Olusanya assured members of the Project Management Office of the Ministry’s cooperation and support in the discharge of their duties and wished them success in implementing the NYIF.

The National Coordinator of the Project Management Office, Olopade Hakeem expressed gratitude to the President for prioritizing the project and to the Minister for advocating for the youth in the country.

He also thanked all members of the Executive Council for unanimously and judiciously approving the sum of N110 billion for the programme.

Mr. Hakeem pledged to carry out their responsibilities professionally, accountably, and transparently in engaging the youth of the country and expressed openness to ideas for moving the project forward.

Share on Facebook

News

Eagle Times Newspaper Will Be Voice for Nigerians – Publisher Chukwunyere Vows

Published

7 hours ago

October 2, 2026

The Gleamer

Joel Ajayi

The Publisher of The Eagle Times Nigeria, Sir Ikechukwu Chukwunyere, has pledged that the newspaper will promote accountability, credible journalism and public-interest reporting in its coverage of national affairs.
Chukwunyere made the commitment on Thursday, October 1, 2026, during the official unveiling and launch of The Eagle Times Nigeria.

He said the new media organisation was established not merely to add another newspaper to Nigeria’s media landscape, but to provide a platform committed to serving the public interest.

According to him, the newspaper’s guiding philosophy, “The Voice for the People, The Watchdog for the Nation,” places a responsibility on the organisation to listen to Nigerians, tell their stories, highlight issues affecting their daily lives and scrutinise those entrusted with public responsibilities.

“To be a voice for the people means that we must listen to Nigerians, tell their stories, highlight their concerns and give visibility to issues that affect their daily lives,” he said.

The publisher added that The Eagle Times would be guided by accuracy, fairness, professionalism, credibility and responsible journalism, stressing that the newspaper would not publish stories merely because they were sensational.

“We will verify. We will investigate. We will seek the other side. We will correct our mistakes when we make them,” he said.

Chukwunyere further stated that the newspaper would endeavour to give individuals and organisations the opportunity to respond whenever allegations were made against them.
“Our commitment is not to any political party, government or individual. Our primary commitment is to journalism, to truth and to the Nigerian public,” he said.

He noted that the newspaper was launching at a time when the media industry was undergoing rapid transformation, with audiences increasingly consuming news through digital platforms, including websites, television, podcasts and social media.

He said The Eagle Times would therefore operate as a multimedia organisation, combining its newspaper with digital platforms and The Eagle Times TV to reach audiences across different channels.

According to him, the organisation also intends to create opportunities for young journalists, writers, photographers, producers, digital creators and other media professionals to develop their skills and contribute to journalism and national development.

Chukwunyere said the newspaper’s coverage would include politics, governance, business, economy, security, judiciary, education, health, technology, sports, entertainment, lifestyle and international affairs.

He, however, said the organisation intended to distinguish itself not only by the subjects it covered but by the quality and approach of its journalism.

We want to tell stories that matter, we want to investigate issues that require investigation, we want to highlight Nigerians who are making a difference, and we want to give communities that are often ignored an opportunity to be heard,” he said.

The publisher acknowledged the challenges involved in establishing a newspaper, saying the venture required investment, commitment, professional discipline and the courage to pursue an idea.

He expressed appreciation to the management, editorial, reporting, production and digital teams, as well as families, friends, partners and supporters who contributed to the establishment of the organisation.

Chukwunyere also assured readers, viewers and the newspaper’s digital audience that The Eagle Times would strive to earn their trust and remain accountable to the standards it had set for itself.

He said the newspaper’s success would not be measured only by circulation figures, website traffic or social media followers, but also by the confidence Nigerians placed in its journalism.

“Today, we spread our wings. Today, The Eagle Times takes flight,” he said, reaffirming the newspaper’s commitment to its slogan: “The Voice for the People, The Watchdog for the Nation.”

Share on Facebook