193. Ensure easy access to credit for youth entrepreneurs and youth-led enterprises.

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193. Ensure easy access to credit for youth entrepreneurs and youth-led enterprises.

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Develop suitable incentives to encourage commercial banks to target low-cost loans towards a given quota of youth-led enterprises. Commercial banks will also be encouraged to ensure their loan application processes are simplified and give greater priority to young people with marketable ideas. Federally owned and affiliated banking institutions will immediately be mandated to develop similar schemes for young entrepreneurs.” – Tinubu, Oct 2022