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JUST IN: Makinde Earmarks N500m Compensation, N500m MSME Funds For #ENDSARS Victims, Youths

by InsideOyo
October 26, 2020
in Home, Political News
0
Makinde Mourns High Court Chief Registrar, Alhaja Fatimo Badrudeen

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The Governor of Oyo state, Engr Seyi Makinde, on Monday hosted security chiefs, traditional rulers, religious leaders and other critical stakeholders to a meeting in a bid to cart a new course for the post #EndSARS agitation in the state.

The Governor while responding to various commendations by the stakeholders noted that there was nothing extra ordinary in the manner he responded to the EndSARS agitation by the angry youths stressing that it was part of the demands of his Mandate as the governor to ensure security of lives and properties of all resident in the state.

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Makinde explained that the agitation by the youths was legitimate and his administration will make a deliberate and concerted efforts geared towards productively engaging the youths to bring an end to youthful unemployment in the state.

The governor stated that as a deliberate measure by his administration to ameliorate pains of the victims during the protest, his government has earmarked a total sum of N500 million (500 000 000) compensation funds for families of EndSARS protest victims.

Governor Makinde also stated that he has directed employment of 5000 persons across all government agencies in order to put an end to youthful idleness.

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He added that another N500 million Micro, Small, and Medium Enterprises (MSME) funds for youths with entrepreneurial skills in the state has been set aside to to provide financial supports to all youths with business initiatives and entrepreneurial skills.

I outlined the steps we are taking to address the issue of ending police brutality and other injustices. We have set up an initial N500M Compensation Fund for victims of injustice. Also, a judicial panel will be inaugurated within a week to consider cases of injustice. pic.twitter.com/c8r2XGkyLe

— Seyi Makinde (@seyiamakinde) October 26, 2020

I also stated that we are addressing the underlying socio-economic issues. We have set up a N500M fund for MSMEs, and we will employ 5,000 youths in government agency schemes in the next few months. We are also distributing the fifth phase of palliatives by the end of this week. pic.twitter.com/iUNNSBVRso

— Seyi Makinde (@seyiamakinde) October 26, 2020

More details to come…

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InsideOyo is an independent news medium for up-to-date events and happenings within and around Oyo state, Nigeria.

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