Service Corps, NYSC have signed a Memorandum
of Understanding, MoU on entrepreneurial skill
development for youths in the country just as a
corps member got N3.8m collateral-free loan. The
bank had sought collaboration with the NYSC to
train and empower corps members in various
entrepreneurial skills and give them collateral-free
loan as capital and expansion of business
initiatives.
BoI Managing Director, Ms. Eveyln Oputu at the
signing of the MoU with the Director General of
the scheme, Brigadier General Johnson Olawunmi
in Abuja said Nigerian youths are extremely
talented and deserve to be supported.
She believed that the acquisition of skills and the
loan to help the youths start up their own
businesses would reduce the craze for white collar
jobs and build them to be self-reliant.
Oputu said that the idea of collaborating with
NYSC on Skill Acquisition & Entrepreneurship
Development, SAED, was born out of
unemployment challenges youth Corps members
face when they complete their youth service
programme. Oputu said that the partnership will
cut across various disciplines such as learning an
entrepreneurial trade skill, engineering skills for
those who are not good in trading skills as well as
sports among other disciplines.
She stated, "We will train them [corps members]
in skill acquisition. We know that not everybody
has the ability to learn entrepreneurial skills, some
have the skills to do business, some are good in
engineering and they can transform the rural
areas in our country because they can help to
transform the roads, also those in sports who can
train children in sports. Bank of Industry is trying
to collaborate with people to do a football
academy and basketball."
Sent from my BlackBerry® smartphone provided by Airtel Nigeria.
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