The Minister for Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, says the Renewed Hope Agenda of President Bola Tinubu is giving young Nigerians productive opportunities with pioneering innovative ideas through different start-up initiatives.
Edu, who was joined by the European Union and representatives of 48 other countries in Hague, the Netherlands capital, made this known during her opening remarks in an event to discuss disturbing migration issues involving young people in Africa and the world.
Co-hosted by Nigeria and the Netherlands, the minister led the Nigerian delegation to the thematic meeting of the Rabat Process on Migration, Youth and Development taking place in the Netherlands capital.
Edu noted that exploring the connection between migration, youth, and development was important as the youths between ages 15 and 25 years, who make up 16 per cent of the world’s population, are a growing mobile demographic that could play a significant role in fostering positive development.
She further disclosed, “In Nigeria, like in other parts of Africa, the youth have developed a robust start-up ecosystem, attracting over $2 billion in investment between 2015 and 2022.
“In 2022 alone, 107 start-ups in Nigeria, founded by persons between the ages of 25 and 35, attracted over $800 million in investment”
The minister expressed delight that the youth are not only pioneering innovation through tech start-ups but are also making significant strides in the creative industry, education, medicine, science, leadership and sports.
Contact:
