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FG Releases N11b To YouWin Programme Beneficiaries

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2018/01/25
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The federal government says over N11 billion will be released to beneficiaries of the third edition of the YouWiN programme.

In addition, it noted that N8.5b has already been disbursed under the Muhammadu Buhari-led administration.

Minister of Finance Kemi Adeosun revealed this on Wednesday while releasing the last payment of N125.640 million for disbursement to the final 61 beneficiaries of the third edition of the programme.

“By January 2018, the total amount disbursed to beneficiaries of the third edition of the YouWiN programme will be N11, 121, 031, 260 billion, of which the current administration has disbursed N8, 522, 545,038 billion,” she said.

According to her, the amount was disbursed to 1, 500 beneficiaries who have started or expanded their business in Information and Communication Technology (ICT), Manufacturing, Services and Agricultural Production and Processing.

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ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
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