NDDC Launches N50,000 Monthly Stipend for 10,000 Niger Delta Youths
Port Harcourt, Nigeria – In a bid to address youth unemployment and promote economic empowerment in the Niger Delta, the Niger Delta Development Commission (NDDC) has commenced the disbursement of N50,000 monthly stipends to 10,000 youths across the region. This initiative is part of the NDDC’s broader efforts to foster peace, stability, and sustainable development in the oil-rich but restive region.
The NDDC disclosed that the payment scheme aims to support young people who have participated in various skill acquisition and capacity-building programs initiated by the commission. Beneficiaries will receive the monthly payment for a specified period to help them establish small businesses or meet their basic needs while seeking employment opportunities.
Tackling Unemployment and Insecurity
Youth unemployment and poverty have long been significant challenges in the Niger Delta, contributing to social unrest and criminal activities. By introducing this stipend program, the NDDC hopes to provide immediate financial relief while encouraging young people to engage in productive ventures.
“The goal is to empower our youths and reduce the socioeconomic challenges they face daily,” said an NDDC spokesperson. “This initiative aligns with our commitment to enhancing the lives of Niger Delta residents and promoting sustainable growth in the region.”
Selection Process and Beneficiary Criteria
According to the NDDC, the selection of beneficiaries was based on a transparent process that prioritized those who have undergone relevant training and demonstrated readiness to apply their acquired skills. The commission also emphasized that the program would be monitored to ensure that funds are used for the intended purposes.
A Step Towards Lasting Development
The stipend program is part of a broader strategy to improve human capital development in the Niger Delta. In addition to financial assistance, the NDDC has pledged to provide ongoing support through mentorship programs, access to grants, and additional skill-building opportunities.
Stakeholders in the region have welcomed the initiative, expressing hope that it will contribute to reducing youth restiveness and creating a more stable environment for economic growth. However, they also called for sustained efforts and greater transparency in the execution of similar projects to ensure long-term impact.
Calls for Expansion and Sustainability
While the initiative has been well-received, experts suggest that the program should be expanded to reach more youths and complemented by job creation policies and infrastructure development. “This is a positive step, but it should be part of a comprehensive strategy that addresses the root causes of unemployment and underdevelopment in the region,” said a local economic analyst.
Source : Swifteradio.com
