We are delivering our plan - President Ruto

Speaking during the NYOTA Project Business Start-Up Capital Disbursement Forum for 5,040 young entrepreneurs drawn from 60 wards in Lamu, Kilifi, and Tana River Counties in Buntwani Waterfront Park, Malindi, Kilifi County, President Ruto reiterated that his government is keen in uplifting the disadvantaged youths who did not progress in their studies.

A total of Ksh.252million has been disbursed to the 5,040 young entrepreneurs drawn from 60 wards across the three counties: Kilifi (35 Wards), Tana River (15 wards) and Lamu (10 wards).

In the first phase of the project, each beneficiary will receive Ksh.25,000; Ksh.22,000 credited directly to support their business operations and Ksh. 3,000 deposited into a Haba na Haba Savings Account managed by the National Social Security Fund (NSSF). In the second phase, beneficiaries will receive an additional 25,000 shillings, bringing the total start-up capital support to Ksh.50,000 per young entrepreneur.

The President reaffirmed the Government’s commitment to empowering the young people by creating employment opportunities and equipping youths with skills to grow businesses and access contracts, saying the programme will enable them become job creators and strengthen the country’s workforce through skills development.

Deputy President Prof. Kithure Kindiki highlighted major programmes being undertaken by government including affordable housing, digital jobs, overseas opportunities saying it is bridging the employment gap in the country.

Kindiki lauded the President for his government decision to waive PAYE for low-income earners saying it will be a big relief for the workers.