Ayade inaugurates entrepreneurial development training for 200 youths

By Judex Okoro, Calabar

Governor Ben Ayade of Cross River has inaugurated entrepreneurial development training for over two hundred youths from the State.

After the training, the beneficiaries are expected to receive up to N10 million each to start up or expand their businesses.

The initiative, which is a partnership between the Central Bank of Nigeria through the Agro Small and Medium Enterprises Investment Scheme (AGSMIS) and Cross River Government, seeks to empower up to 3,000 youths and women between 2020 and 2023 and to stem the tide of irregular migration out of the nation.

Inaugurating the scheme on Tuesday in Calabar, Ayade said the office of the Migration Control Service was created in the state to ensure that youths remained in the state and access viable opportunities for a better life.

Ayade, who was represented by the Deputy Governor, Prof Ivara Esu, disclosed that a lot of youths think life was easier outside the country, leading them to embark on the dangerous trips abroad through the desert and Mediterranean sea, as a result of which many lose their lives and others become slaves.

He said the partnership, which would see youths get trained by experts from the Nigeria Youths Chamber of Commerce, would provide a platform for training as well as access to finance.

‘I am happy the programme has started, 200 youths have been selected in the first phase to benefit from the training and access to finance, I hope as time goes on, the programme will expand to accommodate more people.

‘It is a thing of pride to own your own business, so, I want to encourage the youths to stop looking for white-collar jobs and start owning their businesses through which they can employ other youths, thus, stemming the tide of unemployment and irregular migration,’ he said.

Earlier, in his remark, the Director-General, Cross River, Migration Control Services Mr Michael Abuo, said the initiative was to ensure that opportunities available within the state, nationally and internationally are properly utilised to create room for youths and women in the state.

Abuo said the beneficiaries would be trained for a week after which they would be guided to submit their business proposals to have access to finance of up to N10 million to start or expand their businesses.

‘The funding comes from the CBN through AGSMIS put in place by the Federal Government to provide finance for small and medium scale enterprises both startups and already existing businesses.

What we are basically doing as a state is creating the platform for our people to key into the initiative and to access the opportunities that are available.

‘We are however hoping that in the first phase, 200 jobs will be created directly while about 1,000 would be created indirectly, through the value chain created by each of the businesses,’ he said.

- Sun News Online