Sports Will Benefit From N75bn Youth Fund – Dare

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Sports Will Benefit From N75bn Youth Fund – Dare

The Minister of Youths and Sports Development, Sunday Dare, made an appearance on Channels TV on July 27, 2020.The Minister of Youth and Sports Development, Sunday Dare believes the sporting community will benefit a lot from the Nigeria Youth Investment Fund ., Mr. Dare explained that the initiative provides accelerated access for those in the sports sector who are entrepreneurs or active in the business space to get funding that will support their enterprise, ideas, and innovations.

“For instance, football, the merchandise – football boots, jerseys stockings, football itself, tennis rackets etc. If we find our youths, and many of them are involved in the process. Those that can produce sneakers and other sporting products can step forward, present their ideas with their business plans, and access the funds that we have in NYIF. I think that’s an opportunity for our youths in the sporting sector.

”Several of our youths are also involved in other sectors. We have seen the explosive potentials of our youths on the global stage. Most of them are snatched up by other counties who easily make credit available for them, venture capitalists. “That’s been two twin challenges we’ve had to deal with and I think that to a large extent, the response of the ministry of Youth and Sports to an extent through the ad hoc palliative we had, the response of the IOC, the response of the world athletics, FIFA and other bodies have gone a long way to bring succour to sportsmen and women across the world, particularly Nigerians. That gladdens our hearts.

 

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