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Government to monitor loans granted to youths in Bayelsa

18 March 2015, 19:15

Bayelsa - The Bayelsa State government has expressed that it will be monitoring loans granted to youths in order to avoid the misapplication of funds, Punch reported.

The State Commissioner for Youth Development, Collins Cocodia, made this known during a briefing that was held in Yenagoa.

According to the commissioner funds were given to youth that had graduated from government skills acquisition programmes and some are still living below the poverty gap even though such arrangements are being done.

Also read: Bayelsa youths threaten to disrupt Jonathan campaign rally

Cocodia has condemned the attitude of some youth, expressing most would rather purchase expensive cars and do other things that are not required to use the money for.

He further stated students that are well deserving should be granted the loan rather than fraudulent youths who use the money for other activities.

For more on this story visit Punch


- News24

Tags bayelsa loans

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