The Nigeria Youth Futures Fund is launching with $5 million in seed funding from the Ford Foundation and MacArthur Foundation
The new fund hopes to raise $15 million and will increase leadership capacity, enhance educational opportunities, and build relationships between youth leaders and regional governments
Lagos, Nigeria (September 13, 2021)—Today the Ford Foundation and MacArthur Foundation announced the launch of the Nigeria Youth Futures Fund (NYFF), a new $5 million fund that will support and strengthen the youth leadership ecosystem in Nigeria. In close partnership with LEAP Africa, who will be managing the fund, NYFF will build on momentum in the region inspired by the youth-led #EndSARS movement.
Young people under the age of 30 comprise more than 70 percent of Nigeria’s population, with projections that this figure will continue to grow over the next few decades. Given the significant number of youth, researchers have suggested that the future progress of Nigeria is based upon the extent to which young people are educated, skilled, healthy, and active in civic and political processes, including their involvement in the formation of long-term development strategies.
“We’re excited about this launch because over the last decade, several analyses have shown that there is likely to be a great return on investment in youth across the economic, social, political, and technological domains of Nigeria’s development,” said Dabesaki Mac-Ikemenjima, Program Officer in the Office of West Africa, Ford Foundation. “I believe that the fund is a critical part of efforts to empower youth, enhance their leadership capabilities, expand opportunities for them to be engaged in national development, and facilitate a proactive and constructive relationship between the youth and governments across Nigeria.”
NYFF is a five-year collaborative fund seeded by $3 million from the Ford Foundation and $2 million from the MacArthur Foundation to facilitate young people’s leadership and civic engagement in Nigeria, with the goal of raising $15 million from additional partners and other foundations.
“Today’s youth embody the hope and promise of a thriving Nigeria that will lead the African continent for generations to come,” said Kole Shettima, MacArthur Foundation On Nigeria program Co-Director and Director of the Nigeria office. “There is no better time to invest in the civic engagement and participation of our young people, and the Nigeria Youth Futures Fund will sustain their work locally and amplify their voices in the halls of power.”
Building on the momentum gained from the youth-led #EndSARS protests against police brutality in 2020 and social movements over the last decade, NYFF will:
- Convene an Imaginative Futures Working Group of young people ages 35 and below at the national and state levels to explore and discuss visions, challenges, and opportunities for Nigeria in 2025, 2030, and 2050 as part of official government vision strategy efforts;
- Support hubs of innovation to advance the development of ideas including economic, civic, and social enterprises by and for young people;
- Create a fund that will provide small- to medium-sized action grants for young activists and anchor organizations at national and sub-national levels; and
- Enable young people to take advantage of social and economic opportunities provided by governments and international agencies through an online portal.
Leadership, Effectiveness, Accountability & Professionalism (LEAP) Africa, which will manage and operate the fund, is a youth-focused leadership development nonprofit with a mission to inspire, empower, and equip a new cadre of leaders with skills and tools for personal, organizational, and community transformation. Its youth interventions bridge gaps in effective leadership, education, employability, and entrepreneurship, and awaken civic participation in citizens to demand good governance and creatively address social issues across the continent.
“Young people hold a world of promise and it is strategically imperative that a country like Nigeria has leaders ensuring the delivery or actualization of this promise. Our role in youth development is creating platforms, opportunities, and room to ensure that young people and their agencies are well supported. Amidst the numerous challenges that the Nigeria youth ecosystem has faced—especially in the wake of the pandemic, we remain committed to advancing the inclusion of youth voice, abilities, and agency,” said Femi Taiwo, Executive Director of LEAP Africa. “We are leveraging our 19 years of experience working with Nigerian youth and our multi-sectoral convening power, to build a stronger and more resilient youth ecosystem that will decisively contribute to the long-term development plans of Nigeria.”
“It is important for young people to realize they have a powerful voice. As a vibrant group, youth have the power to unite, harness their potentials, and stir positive change,” said Sarah Egbo, Policy Support Lead, Gender Mobile Initiative. “The Nigeria Youth Futures Fund comes at an opportune time for young people because in order to hone the skills and knowledge of young people for effective participation, decision-making, and co-creation of knowledge in diverse spaces, there is a need for nuanced capacity building sessions and interventions aimed at fortifying young leaders for sustainable development.”
To kick off the engagement of youth, NYFF will launch an online competition to encourage young people to design the logo for the new Nigeria Youth Futures Fund.
To learn more about NYFF, please visit www.NigeriaYouthFund.org and follow on Instagram at @naija_youthfund.
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Ford Foundation, Strategic Communications Officer
MacArthur Foundation, Senior Communications Officer
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LEAP Africa, Senior Communications Coordinator
ABOUT THE MACARTHUR FOUNDATION
The John D. and Catherine T. MacArthur Foundation supports creative people, effective institutions, and influential networks building a more just, verdant, and peaceful world. MacArthur is placing a few big bets that truly significant progress is possible on some of the world’s most pressing social challenges, including advancing global climate solutions, decreasing nuclear risk, promoting local justice reform in the U.S., and reducing corruption in Africa’s most populous country, Nigeria. In addition to the MacArthur Fellows Program and the global 100&Change competition, the foundation continues its historic commitments to the role of journalism in a responsive democracy as well as the vitality of our headquarters city, Chicago. More information about the foundation’s On Nigeria program can be found at www.macfound.org/nigeria.
ABOUT LEAP AFRICA
For over 19 years, Leadership, Effectiveness, Accountability, and Professionalism (LEAP) Africa has stayed true to its mission to equip a new cadre of African leaders. LEAP Africa achieves this through its training programmes, research publications, convenings, and most recently, e-learning. Our programme interventions focus on two core thematic pillars—raising talents to actualise the Sustainable Development Goals (SDGs) and Making Secondary Education Work in Africa. Through all these, our overall objective is to change youth’s mindset, equipping them to lead ethically, motivating them to deliver positive changes in their communities, and building sustainable social enterprises for socio-economic transformation.
Visit www.leapafrica.org for more information.
The Ford Foundation
The Ford Foundation is an independent organization working to address inequality and build a future grounded in justice. For more than 85 years, it has supported visionaries on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement. Today, with an endowment of $16 billion, the foundation has headquarters in New York and 10 regional offices across Africa, Asia, Latin America, and the Middle East.
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