Over 400 underprivileged youth of the Borough of New Kru Town under the banner, Federation of Borough Youth (FOBY), over the weekend received a grant of over five hundred thousand Liberian Dollars (LD$500,000) from the Movement for Economic Empowerment (MOVEE) student loan program.
Making the presentation on behalf of MOVEE, Sonsala Parson, spokesman of the Friends of Mills Jones, mentioned that the gesture is significant in that New Kru Town is one of the biggest slums in Monrovia with many poor parents who are unable to afford fees to send their children to school. According to him, the former Central Bank Governor was touched by statistical evidence which shows that over 40 percent of students of the borough drop out of school annually due to the inability of their parents to pay their school fees. “Jones believes strongly in the empowerment of young people, four years ago he gave one million dollars to the youth; he is still impacting lives even though he is no longer Governor of the Bank,” Parson said. “Education must be prioritized if the country must change for the betterment of every Liberian; and students are encouraged to utilize the opportunity by improving their study habit; you must take your lesson seriously”, he stated. He intoned that the Movement for Economic Empowerment (MOVEE) remains a vibrant political party that is committed to ensuring economic empowerment for all Liberians, who are in dire need of empowerment. “We subscribe to a Liberia where citizens are empowered and citizens take ownership of the economy for the benefit of all”, he averred. For his part, Augustine Nagbe, president of the Federation of Borough Youth, indicated that the loan provides a golden opportunity for the youth, most of whom are underprivileged. Nagbe furthered that the scholarship opportunity is focused on underprivileged students especially those affected by the deadly Ebola virus. “We are targeting 400 students for the program and all schools in the Borough of New Kru Town except Saint Mary Catholic School,” he said. “Education is light, it brings development, it benefits the generation and the economy, our people are thirsty for education and this opportunity will help quench their thirst”, Nagbe added.