Imo Govt Sets Up N500m Youth Empowerment Trust Fund For Ohaji/Egbema, Oguta Youths
Imo state government has concluded plans to set up a N500m youth empowerment trust fund for direct empowerment of Ohaji/Egbema and Oguta youths. Okorocha disclosed this when youths from Oguta LGA paid him a solidarity visit at the government house Owerri.
He said that the fund would provide interest-free revolving loan for youths of the oil-producing area to enable them establish businesses of their own and later pay back for others to benefit.
The governor said that the fund would be managed by the leadership of the youths to ensure equity, fairness and even distribution, pointing out that the fund was previously shared to few political leaders from the area.
He said that the programme would also include training of pilots programme and employment opportunities that were created under the youth must work programme.
Governor Okorocha revealed that his administration will navigate to human resources development having concentrated more on physical infrastructural development in the past two years.
He attributed lack of development and backwardness of the area to the attitude of their past leaders who were self-seeking, stressing that Ohaji/Egbema and Oguta local councils have been in bondage for a long time owing to the attitude of those leaders.
The governor called on Oguta youths to use their votes in the forthcoming rerun election to retire those leaders. Speaking earlier, Mr. Thaddeus Nwachukwu, a youth leader from the area said that, they were in the state house to appreciate the governor for his good work in Oguta.
He pledged the unalloyed loyalty of Oguta youths and promised to continue to support his government. He assured that youths will work for the victory of APGA so as deliver Oguta out of the hands of the ‘evil men’ who have controlled the area in the past.