Federal Government to give youth revolving loans to boost Agriculture

The Federal Government has said it has stopped giving grants to youths,but instead they will be giving revolving loans.
The Minister of Youth and Sports Development, Sunday Dare gave the indication in Awka, the Anambra State at the end of a two-day workshop by the International Institute of Tropical Agriculture, Ibadan in conjunction with the National Root Crops Research Institute Umudike/International Fund for Agricultural Development.
The Minister noted that most of the grants given to the youths were misappropriated and in some cases squandered, hence the need to stop grants to the youths.
According to the minister,instead of this, they shall be given loans that they will repay after an agreed period so that others will benefit from the same scheme.
He noted that the Federal Government had created several windows to engage the youth in agriculture and other vocations through the establishment of two centres in the north and south

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