The Federal Government and World Bank have approved a new program initiative under the Graduate Unemployment Youths Support (GUYSS) Scheme known as FADAMA GUYSS, to tackle the problem of unemployment in the country.
FADAMA GUYSS is designed to engage at least 6000 youth in agribusiness, while also enhancing food sufficiency in Nigeria.
Speaking at a meeting with the Ondo State Federated Fadama Community Association (FFCA) at the Trade Fair centre Igbatoro, Akure, the Fadama National Project Coordinator (NPC), Mr. Tayo Adewumi, who made this known said the program was aimed at engaging about 6000 youths in agricultural enterprises and will receive 100 per cent support from the government and the World Bank.
Adewunmi said under the scheme, about 300 youths between the ages of 18 and 35 would be empowered to exploit potentials in the agricultural sector in about 20 states, while under subsequent programmes, between 500 and 1,000 youths would be accommodated under the scheme.
“The programme, named GUYSS, is to encourage youths from the ages of 18 to 35 and maximum of 40 years to go into agriculture as a profession and business. By study, real farmers are aging away, some dead and old. To start with, 15 to 20 states, including Ondo, will be among the first phase of 200 to 300 youths per state,” he said.
He informed that under the six components in FADAMA project, World Bank was ready to give 80 per cent grant to farmers and 100 per cent to unemployed youths. He added that this was to moderate the effect of the burden of farmers and to encourage youths to do agriculture as a business.
The FADAMA boss further said that a mission to look into the development of livestock project to ensure that foods produced by Nigerian farmers are taken to international market beside local and regional consumption was currently in place in Lagos state.
Meanwhile, the Chairman of FFCA in Ondo State, Mr. Akin Olotu has appealed for a special intervention for unemployed youths that are interested in farming.