The Central Bank of Nigeria (CBN), in collaboration with Niger State government, has commenced entrepreneurial training for 850 youths in the state. Hajiya Ramatu Suleiman, permanent secretary, Niger Ministry of Youths Development, said this in Minna.
Suleiman said the CBN training would be done in partnership with Africa Community Bridge Foundation (ACBF), an NGO. She said the programme would be conducted in the six geo-political zones of the country. Suleiman said Niger government had invested N269 million in the training of the last batch of 100 youths under the programme.“The N269 million is also for upgrading of facilities for the effective and efficient operation of the zonal outreach and training of 850 youths in the state.“Each trainee will be given N10,000 monthly stipend for the 3 months and a business start-up kit after the progamme.“At the end of the training, beneficiaries whose business ideas are adjudged lucrative will be linked by CBN to other sources of fund loan to set up their businesses,” she said. Earlier, the Programme Director, North Central Zone of the programme, Tyoor Terhemba, said the training would inculcate practical entrepreneurial knowledge on participants. He said that it would also equip them with skills on how to set up and manage a business.
