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Monday 23 November 2015

Bank of Industry (BOI) Sponsors 150 NYSC Members From Six States In The North-west

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No fewer than 150 National Youth Service Corps members drawn from six states in the North-west are being trained by the Bank of Industry (BOI) under its N2bn Graduate Entrepreneurship Fund (GEF) scheme, in Katsina.

According To LeadershipNG  reports that the 150 corps members selected from the North-west zone are among the 1,000 successful applicants nationwide.
Speaking during the opening ceremony of the 3-day training programme in Katsina, the Managing Director of BoI, Mr. Rasheed Olaoluwa, said the initiative was designed to empower the Nigerian youth, knowing full well that government alone and the private sector, could not sufficiently address the unemployment situation in the country.

Represented by Mr. Shekarau Omar, the Divisional Head, Small and Medium Enterprises (North), Olaoluwa noted that the training programme was organised for the beneficiaries of the GEF scheme, to give them first-hand drilling on how to successfully run a profitable business.
He stated that while the training would help those who already have business plan but could not translate it to bankable project, the bank’s business development experts would help to fine-tune those who were already in business.

“Although the youth corp members are the direct beneficiaries of the GEF initiative, the entire nation will benefit from it. This is because when the youth are developed, the whole of the environment is transformed”
It would be recalled that BoI, in collaboration with the directorate of the National Youth Service Corps, came up with the initiative in order to encourage graduates of tertiary institutions in Nigeria to become employers of labour rather than job seekers
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