Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq, says no fewer than 109,823 beneficiaries of the N-Power Programme are now business owners.
Farouq, in a statement on Saturday in Abuja by her Special Assistant on Strategic Communication, Halima Oyelade, said the beneficiaries of Batch A and B of N-Power have established businesses in their communities.
The Minister reiterated President Muhammadu Buharis vision of lifting 100 million Nigerians out of poverty in 10 years by creating opportunities to enhance the productivity of Nigerian youths for entrepreneurship or employment.
Farouq stressed that the vision was imperative because youths represented 70 million of the Nigerian population, while youth unemployment stood at over 20 per cent with 4.5 million entering the job market annually.
She added that the commencement of the enrolment of Batch C was predicated on the need to give more Nigerian youths the opportunity to benefit.
Farouq thanked the beneficiaries while acknowledging the contributions and efforts of those who commenced the programme before it was transferred to the ministry.
She noted that it was a collective team effort and would continue to be so. The Minister also assured beneficiaries that outstanding payments would be made and transition plans were ongoing and would be duly communicated to them on their platform.