Enugu trains Over 300 youths on business management
The project coordinator of the group, Mrs Chinwe Ogborji made this known during the kick-off of the four month training in Enugu, stating that the training would help youths know business strategies.
Mrs, Ogborji disclosed that the training would allow youths between the age of 18 – 35 to develop enough capacity to improve on their businesses and contribute to the nation’s economy.
Ugborji disclosed that the group would connect the beneficiaries to financial institutions to start up their business, and help them secure access.
“Pan Africa Youths entrepreneur Provides support through Citi foundation and funded by Technoserver for enterprising people to build competitive business and employ more people in their business.
“We are trying to get more youths to be financial literate, to rely more on themselves and be able to contribute their own quarter to economic development of the country.
“At the end of training which lasts for four months, we will connect the beneficiaries to financial institutions to start up their business, get them access to the market and also partner with other internship organizations to help establish them,” she said.
She stated that the group has trained and empowered about 280 youths in its first phase of the programme, adding that the programme is holding at same time in Abuja.
“The Citi Foundation have partnered with TechnoServe to deliver the PAYED programme to over 250 youths in Nigeria, between the ages of 16 and 35. The programme links youth to owners, managers, supporting them to launch new micro-retail start-ups.
“The Citi Foundation takes a philanthropic approach to funding, and leverages the enormous expertise of Citi and its people to fulfil our mission and drive thought leadership and innovation.
“The Financial Literacy Session is an example of how Citi engages its employees as volunteers to deliver training in basic accounting, helping to maximise the impact of the grant to the PAYED entrepreneurs,”she disclosed.
It was also gathered that In 2018, Nigeria received over $1.3 million dollars in grants from the Citi Foundation to fund 6 programmes supporting young people to develop the leadership skills and entrepreneurial mind-sets required to compete in today’s economy.
In some cases, the partnership with TNS have also expanded financial inclusions efforts to Nigerian communities, as entrepreneurs marry their business ventures with financial mechanisms that provide access to services to money transfer systems.
Posted by Yetunde Adegoke