News

Portal to Access N110 billion Youth Investment Fund Will Be Accessible in the Coming Days – Jamila Ibrahim.

Published

2 years ago

July 24, 2024

Joel Ajayi

Minister, Federal Ministry of Youth Development, Dr. Jamila Bio Ibrahim, has announced that the Portal for the Restructured Youth Investment Fund of N110 billion will be accessible in the coming days.

The Minister made this announcement during a courtesy visit from the Middle Belt Youth Council to her office in Abuja.

She emphasized that the fund is designed to provide crucial support for businesses owned by young entrepreneurs who are currently experiencing financial challenges. She said the fund aims to offer financial assistance, mentorship, and resources to help these businesses overcome their struggles so that they can thrive.

“We are working very hard so that the portal can be opened to allow young people to register to access the fund. When the portal is opened, we will continue to inform and guide young people on how to access the N110 billion committed by the Administration of President Bola Ahmed Tinubu.”

“This fund will prioritize existing businesses. We understand that they are already established and have their clients. What they need is a little push to avoid sinking due to the current state of the economy,” she explained.

According to her, within one year, the current administration led by President Bola Tinubu has achieved numerous milestones which include the approval of a 30% youth quota for government appointments, the implementation of the Presidential Initiatives on Youth Enterprise Clusters, the establishment of a 70,000 minimum wage for Civil servants ,the introduction of CNG buses to transport citizens, direct purchase and distribution of food items to the most vulnerable families across the nation, plans to resume local production in refineries to reduce the cost of fuel, and the rehabilitation and commissioning of the Abuja Metro Stations. The government is also committed to providing free services by the end of 2024, as directed by Mr. President,she added.

She further informed that the recently passed North Central Development Commission bill is a testament that the President is very supportive of that Region.

Earlier in his remarks, the President of the Middle Belt Youth Council and the leader of the team,Hon. Emmanuel Zopmal, stated that the purpose of the visit was to engage with the Federal Government regarding the policies that affect the youth and to discuss how they can contribute to governance.

On behalf of the middle belt youths, Zopmal also made it known that the Youth from his region,the middle belt are not in support of the planned protest against the government.

He stressed the importance of understanding government’s initiatives designed for the youth through constructive engagement.

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Foreign news

Algeria’s Glorious Revolution: Embassy Marks 72nd Anniversary in Abuja

Published

3 days ago

November 12, 2026

The Gleamer

Joel Ajayi

The Embassy of Algeria in Nigeria has commemorated the 72nd anniversary of the country’s Glorious Revolution of November 1, 1954, with a reception in Abuja, highlighting Algeria’s liberation struggle and strengthening diplomatic relations with Nigeria.

The event, held on November 9, 2026, at Continental Suites Hotel, attracted prominent personalities, including the Speaker of the House of Representatives, Dr Tajudeen Abbas, members of the Federal Government, senior government officials, heads of diplomatic missions and other friends of Algeria.

Speaking at the reception, Algeria’s Ambassador to Nigeria, Hocine Mezoued, welcomed guests and paid tribute to the country’s freedom fighters who sacrificed their lives during the struggle for independence.

He described the November 1, 1954 revolution as the foundation of modern Algeria, noting that the sacrifices of the nation’s martyrs made it possible for the country to reclaim its sovereignty.

On Algeria’s development agenda, Mezoued said President Abdelmadjid Tebboune’s administration had continued to pursue economic reforms, diversification and national development under its New Algeria vision.

He noted that the country was recording progress in non-hydrocarbon exports, while improvements in the business environment had boosted investor confidence and attracted significant foreign investments.

On foreign policy, the ambassador reaffirmed Algeria’s commitment to non-interference, respect for national sovereignty, peaceful conflict resolution and the right of peoples to self-determination.

Addressing security challenges in the Sahel, he stressed that lasting peace could not be achieved through military measures alone, insisting that economic development, inclusive dialogue and peaceful resolution of disputes remained essential.

Turning to Nigeria-Algeria relations, Mezoued described the partnership as one founded on shared values and the commitment of both countries’ leaders to advancing African development.

He identified the Trans-Saharan Highway, Trans-Saharan Gas Pipeline and Trans-Saharan Fibre Optic Backbone as major strategic projects receiving attention from both countries.

The ambassador also disclosed that Algeria had continued to provide scholarships to Nigerian students to strengthen human capital development and capacity building.

He further announced that Air Algérie expanded its Nigerian operations on October 26, 2026, with the introduction of two weekly flights to Lagos, expressing confidence that the service would boost trade and tourism.

Looking ahead, Mezoued said 2027 would offer fresh opportunities to deepen bilateral cooperation, particularly through the fifth Joint High Bi-National Commission scheduled to hold in Abuja.

He expressed optimism that the meeting would provide an opportunity to assess existing partnerships, identify new areas of cooperation and move Nigeria-Algeria relations towards a more practical and results-driven phase.

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