President Bola Tinubu has approved a monthly stipend of N50,000 for 10,000 youths in the Niger Delta to help alleviate the current economic hardship in the country.
The announcement was made by Senate President Godswill Akpabio during the Niger Delta Sensitisation Conference for ethnic nationalities, youths, and women in Port Harcourt on Tuesday.
Akpabio explained that the payments would be made under the NDDC Youth Intensive Scheme and would last for an initial 12 months, with the possibility of an extension. He highlighted that this initiative is part of Tinubu’s broader efforts to address the challenges faced by the region and urged the youths not to participate in the nationwide protest scheduled for August 1.
“The Niger Delta Development Commission (NDDC) will implement this scheme immediately to support 10,000 youths with N50,000 monthly to cushion the current hardship.
“We acknowledge the severe impact caused by oil and gas activities in the Niger Delta and are taking prompt action to address these issues.
“The economic challenges in our nation are known by President Tinubu and is already receiving required attention to address them,” he said.
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