Saraki, Kwara govt to provide N200m for entrepreneurs

Date: 2013-12-16

It is said that the ultimate solution to the menace of youth unemployment in Nigeria lies in youth entrepreneurship programme. The conviction is that not only is the informal sector a major driver of the economy, many people also believe that its multiplier effects include facilitating youth job creators and the emergence of change agents.

It is also believed that to own a successful business is as lucrative as it is liberating, because it frees one from the dangers of placing one's ladder on someone else's wall, thus making one the architect of one's prosperity.

Meanwhile, despite several intervention programmes by individuals, non-government agencies, local, state and federal governments on high unemployment rate in the country, the menace still assumes worrisome dimension.

Buoyed by the above practical experiences, the Senator representing Kwara Central senatorial district, Senator Bukola Saraki, in collaboration with the Kwara State government, has commenced an entrepreneurship programme that is expected to provide 5,000 jobs for youths in the state in the first quarter of next year with the injection of over N50 million for every quarter of the year.

This is just as the lawmaker called for a state of emergency on youth unemployment in the country to ensure peace and development.

"The issue of youth unemployment has become something we must take drastic approach to find solution to. My constituency office is collaborating with the state government and the youth in the state. We'll look at their business plan and how we can support them in their proposal with N50 million every quarter," he said.

Speaking at a one-day Kwara Youth technical summit organised by his constituency office, tagged, "Youths Unemployment in Kwara State, The Way Forward" in Ilorin, Senator Saraki said there cannot be stability, peaceful environment and prosperity of any sort with a high level of youth unemployment in the country.

He said the employment scheme, which would include both entrepreneurship and regular white collar jobs, would also include provision of a capital take off grant at the end of the programme.

The lawmaker, who sought the partnership of the state government on the programme, said that youths account for 65 per cent of the nation's population with 23.9 per cent of the unemployment rate in Nigeria, (according to the National Population Commission), added that Brazil with a working population of over 130 million has unemployment rate of 14 per cent.

He said despite the low unemployment rate of nine per cent in the state, making it the second lowest in the country, the state government must strive harder to be creative in solving unemployment problem.

Senator Saraki, who said that entrepreneurship and self employment is a way to address the challenges of high youth unemployment rate in the state, added that it also offered pathways to overcome the problem.

He, therefore, said special attention should be paid to social entrepreneurship model that should be infused in the real economy closer to the youth within their local environment to contribute to their welfare and general good of their communities.

Also speaking, Governor Abdulfatah Ahmed said the workshop demonstrated his administration's shared commitment to youth empowerment and the benefits of continuity in governance.

"As the largest component of our population and the inheritors of the future, youths are our most vital resource. We must nurture, support, and prime them for productive engagement through appropriate training and tangible opportunities.

"Therefore, this technical workshop's theme-Youth Unemployment in Kwara State: The Way Forward- is a poignant reminder of the challenges facing youths and a clarion call for urgent action. As a youth-focused administration, we have implemented several interventions to get more youths into employment and into business since 2011," he said.

These include the creation of direct jobs, promotion of youth entrepreneurship through training and the reform of vocational education. However, it is increasingly obvious that government alone cannot meet our youths' aspirations for jobs or society's expectations that government will engage the thousands of graduates produced annually by tertiary institutions.

"For us in Kwara State," the governor added, "the solution to this social challenge is two-pronged. First, we are creating a new crop of youth entrepreneurs through capacity building and access to affordable micro-credit funds on the platform of cooperatives.

"Second, in line with Dr Saraki's vision for agro-led prosperity in Kwara State, we are assertively promoting youth involvement in agribusiness through targeted training, access to funding and mentorship. I therefore call on Nigerian youths to take up entrepreneurship by leveraging the spaces created by government in the informal sector and in agribusiness."

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Kwara United     Moses Salami     Tafida Of Ilorin     Dar-Al-Handasah Consultants Ltd     Ekweremadu     Alapansapa     Aso Ofi     Saudat Abdulbaqi     Yusuf Ali     Madawaki     Mope Dasuki Belgore     Budo-Egba     Shagari     Bukola Saraki     Turaki     Offa Descendants Union     Shehu Jimoh     Joseph Daudu     Prince Mahe Abdulkadir     Alanamu     Iyabo Adisa Ibiyeye     Ibrahim Agboola Gambari     Tsaragi     Folaranmi Aro     Elelu     Abubakar Ndakene     Yusuf Amuda Gobir     Hameed Oladipupo Ali     Chemiroy Nigeria Limited     Funmilayo Oniwa     Maimunat Oloriegbe     Taofeeq Olateju     Kwara     Bola Ahmed Tinubu     CCT     Al-Adaby     TESCOM 2025     Logun     Olusin Of Ijara Isin     Tosho Yaqub     Boko Haram     Folorunsho Alao     Ibrahim Gambari     TETFUND     Mukhtar Shagaya     Oke-Ogun     Awoye     Abdulsalam Firdaous Amosa     John Obuh     IHS Towers     Salmon Babatunde Salmon     Shaaba Lafiagi     Christopher Ayeni     Kwara 2015     Matthew Babaoye     Abdul-Rahoof Bello     Bayer Nigeria Limited     National Party Of Nigeria     Toyin Abdullahi     MATTA Girls Foundation     Sebastine Obasi     Mohammed Yisa     Tsaragi/Share     AIT Ilorin     Abdulazeez Uthman     2023 Elections     Ganmo     Wahab Olasupo Egbewole     Special Adviser On Digital Innovation     JAMB     Babaita     Modibbo Kawu     Agbarere     Razaq Ayobami Akanbi     ER-KANG Mining Nigeria Company Limited     Yahaya Oloriegbe     Halimat Yusuf    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Laduba     Kubra Kazum     Mahfouz Adedimeji     Salake     Abdulrahman Onikijipa     Atunwa     Adeleke Ogungbe     Zulkifli Ibraheem     Moshood Kashimawo Abiola     Abdul Jimoh Mohammed     Yakubu Mohammed Abdullahi     Vishvas KOZ Tractors     Mohammed Ibrahim     Wahab Kunle Shittu     Samuel Adedoyin     Atiku     Adanla-Irese     Idofin     Kisra     Toyin Olayinka Tejidini     Hydroelectric Power Producing Areas Development Commission     Abubakar B.M     CKNG     08001000100     Galland Marcias     Samuel Elizabeth Keatswa     Sunday Fagbemi     Binta Abubakar-Mora     Funmilayo Braithwaite     Ilesha Gwanara Road     Lawyers Unite Against Corruption     Umar Sanda Yusuf     Aliyu Muyideen     Ilorin Anchor Men And Women     Yahaya Abdulkareem     Mutawali     Wasiu Onidugbe     Edu     Abdulganiy Abimbola Abdussalam     Mahe Abdulkadir     Stephen Fasakin     Falokun-Oja     Abdulrazaq Akorede     Hassan Taiye Salam     Ilorin West/Asa Federal Constituency     Otuka     Ilorin Curfew     Ridhwanullah Al-Ilory     Abdulrahman Abdulrazak     Ibrahim Mohammed     Kishira     KWSUED     Mufutau Olatinwo     Abraysports FC     Azeez Bello     Bukola Saraki     Aliyu Alhassan     Alfa Modibo Belgore     Ilorin South Constituency     Mohammed Abduraheem     Crystal Corner Shops     Guber Aspirant     Idris Amosa Saidu     Rafiu Ajakaye     Samuel Olusegun Adedayo     ENetSuD     National Association Of Nigerian Students     20 Billion Bond     Wahab Isa     Kwara Metro Park     Matthew Okedare     David Adesina     Kwara Muslim Pilgrims Welfare Board     Muhammadu Buhari     Special Agro-industrial Processing Zone     Ebola     Monsurat Omotosho