The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has advocated for transparent platforms in order to enhance youth employment benefits.
According to the Ministry, Mr. Edun disclosed this while presiding over a meeting of the Presidential Panel on the Social Investment Program (SIP) at the Ministry’s headquarters on Monday.
It stated that the meeting was convened to provide updates on the progress of the Direct Benefit Transfer (DBT) programme, introduce newly-appointed members of the National Social Investment Program (NSIP), and discuss the Youth Employment Benefits scheme, including key design considerations.
“During the discussions, a comprehensive report on the committee’s activities was presented, showcasing significant strides in the direct transfer of funds to the nation’s poorest and most vulnerable citizens.
“The presentation also included the introduction of a new draft for the Youth Employment Benefits scheme, aimed at addressing youth unemployment through targeted interventions,” the Ministry said.
Minister Edun highlighted the significance of transparency and accountability in the implementation of social investment policies.
He also emphasised the need for platforms that allow citizens to monitor and verify the progress of the interventions, ensuring that they are effectively reaching those in need.