LACK of quality education among the youth is the highest contributor to the social economic challenges that the country continues to face, the government has said.
Treasury Cabinet Secretary Henry Rotich said abject poverty is the major limitation in the access of education for the youth, hence leading to more entrenched poverty as they cannot find employment.
"Access to quality education and lifelong skills development is essential for sustaining long term inductive growth and development of our country, therefore, we will invest in educational facilities and equipment, roll out e-learning programs, and develop educational delivery standards," Rotich said during the launch of Family Bank Foundation in Nairobi.
The foundation is currently assisting 160 students to pay fees for secondary school and it consists of partners from Family Bank, Kenya Orient Insurance, and Daykio Plantations who have invested Sh100 million to support sectors in education, health, agriculture, and entrepreneurship.
He urged students, who are the pioneer beneficiaries of the program, to capitalize on the support they have received from the foundation to make their future bright.
Family Bank chairman Wilfred Kiboro said the foundation seeks to initiate projects that uplift vulnerable families so that they can lead healthy and productive lives.