FCT minister, AEA boss task youths on job creation via initiative
The Minister, Federal Capital Territory (FCT), Mallam Muhammad Bello and the Managing Director of the Abuja Enterprise Agency (AEA), Shehu Abdukadir have urged Nigerian youths to take the challenge of being creators of jobs and make good use of the solutions and support provided by the Youth Entrepreneurship Programme (YEP) of the Federal Government.
The duo who made this call in Abuja at the closing ceremony of the 2021 YEP, urged beneficiaries to leverage on the support provided by the programme to actualise their business ideas.
According to Bello, the YEP is an initiative conceived to accelerate the growth of new business ventures while providing youths an alternative to seeking paid employment, adding that the initiative was borne out of the administration’s commitment towards facilitating the rapid growth of MSMEs in the FCT.
Stressing the need to make business environment in the country conducive for MSMEs to thrive and succeed, the minister noted that the FCT administration was dedicated to making Abuja an investment haven, where MSME could thrive, saying that they play a pivotal role in the nation’s economy.
He disclosed that MSMEs contributes about 48 percent of the nation’s Gross Domestic Product (GDP).
“The YEP, I am informed, supported participants to acquire skills such as entrepreneurial and business management knowledge, practical/hands-on learning on setting up and managing a business enterprise, presentation skills and guidance on how to pitch their business ideas. Through the acquisition of these skills they have developed new business concepts to bolster existing ventures,” he said.
Earlier in his welcome remarks, Abdukadir who disclosed that the agency has successfully trained 100 Corps members from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), said the ultimate desire of the AEA was to see Nigerian graduates creating Innovation Driven Enterprise (IDEs) required for business sustainability.
According to him, the YEP was designed to develop the entrepreneurial skills in youths by giving them a real-life experience on starting, growing and sustaining an enterprise as well as preparing them for the challenges of the business world.
He urged Nigerian youths to take advantage of the YEP opportunity into the business world, adding that the agency had a network of experienced business developers and partners who would guide them in the journey.