Take advantage of CBN’s N400bn agric fund, Dogara advises young graduates

Yakubu Dogara, Speaker of the House of Representatives, has advised fresh graduates who have just completed the National Youth Service Corps (NYSC) to take advantage of Central Bank of Nigeria’s N400 billion intervention fund for agricultural sector.
 
Yakubu Dogara, Speaker of the House of Representatives
Dogara who gave the charge at the opening of the second sitting of third session of Nigerian Youth Parliament at the National Assembly complex in Abuja recently, expressed optimism in the potential of agriculture to solve youth unemployment in the country.

“As I said elsewhere, agriculture accounts for the bulk of GDP in Nigeria, and probably employs a higher absolute number of youth than any other sector. However, its full potential is rarely exploited. Much of Nigeria agricultural land lies fallow due to restrictions on land titling, state ownership of productive land and lack of incentives. Lack of supporting infrastructure makes production and transport of agricultural goods to markets, unviable.


“The recent initiative by the Federal Government to address youth unemployment through graduate participation in small scale agriculture is commendable. The N400 billion project which is being coordinated by the CBN represents a right step in the right direction. May I therefore use this opportunity to encourage young graduates and National Youth Service Corps (NYSC) members to access this facility and halt the current cycle of endless search for jobs.”

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