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Yahoo Boys Will End Up In Jail – Osinbajo Urges Youth To Take Advantage Of CBN Programmes

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Professor Yemi Osinbajo

Vice President, Professor Yemi Osinbajo has urged Nigerian youths not to join or be distracted by gangs of fraudstars popularly called ‘yahoo boys’saying they will end up in jail.

The Vice President said rather they should make efforts to access various programmes set up by the Federal Government and the Central Bank of Nigeria to support young entrepreneurs and other Nigerians.

While delivering the first convocation lecture of Kola Daisi University, Ibadan, Oyo State, Osinbajo gave examples of many young Nigerians who have made it without cutting corners and urged the graduands and the youth to embrace integrity and character in order to excel in life.

Osinbajo stressed that there are numerous Federal Government’s support programmes they could access and make it in life.

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He said; ”Don’t be distracted by the yahoo yahoo boys that are coming up one day with fancy cars. Their days are always numbered. They will go to jail one day. The point, of course, is that what is the point of making money when you can’t sleep well at night. The point is that all of the examples I’ve given, not one of them has wealthy parents. All of them did most, if not all, their education here in Nigeria.

“So, it is important for us to bear in mind that a Nigerian education is an important credential because you understand the terrain and you understand the law of the land.

“But you must find out about the support that is available either from the private sector or public sector. For example, the Federal Government has established a N75 billion National Youth Investment Fund. This provides financial support for small businesses in any field.

“The Central Bank of Nigeria has also established the creative sector funds, mainly for youth people in technology and entertainment.

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“There is also the new programme called Investing in Digital and Creative Enterprises with over $600 million to support young technology and creative entrepreneurs and other entrepreneurs through the provision of finance, skill development and infrastructure.”

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Hammed Tajudeen is the editor in-chief of Blaze News, holds Higher National Diploma(HND) in Mass Communication, graduated from Osun State Polytechnic, Iree.

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