• Tuesday, June 25, 2024
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100 young entrepreneurs in Ajegunle get capacity support from CVL



One hundred young entrepreneurs in Ajegunle, a slum community in Lagos State, are receiving life-changing capacity development training from the Centre for Values in Leadership (CVL).

The youth are expected to graduate on June 29 (two days’ time) and will be provided with startup kits for respective businesses. This is meant to make them employers of labour, rather than perpetual job seekers.

CVL is executing this project through its Young Entrepreneurship Training Progamme (YETP), a one-year project funded by Citi Foundation of the United States. It is an intensive entrepreneurship development programme initiated for community youths in Ajegunle  between the ages of 18  and 35 years.

The programme is intended to enhance the capacity of community-based youths in Ajegunle, Lagos, who currently manage small businesses or have the intention to own and run sustainable enterprises. The target beneficiaries in the pilot project are 100 youths living in densely populated slums and poor neighbourhoods within Ajegunle community in Lagos.

Strategic objectives of this project include entrepreneurship training, business mentoring, technical support (business plan writing, business registration), and financial support, according to CVL.

CVL is a not-for-profit organisation in Nigeria founded in 2004 by Prof. Pat Utomi to equip generations of young people with values and leadership skills, which will make them effective, values-driven leaders that will serve as catalysts for the improvement of the quality of life in our society.

Expected guests include Godwin Emefiele, CBN governor; Akinwunmi Ambode, Lagos State governor; Pat Utomi, CEO of CVL, among many others. The event will take place in Ajegunle.