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Minister seeks support for technological innovation, entrepreneurship


Minister of Youth and Sports Development, Sunday Dare, has called on Nigerians, especially the youths to embrace knowledge-based technology, innovation, and an entrepreneurial spirit to promote businesses in the country.
He called on the government and private sector support to invest in enterprise, innovations, ideas, and youth’s projects targeted at development.

Dare spoke at the weekend during the Junior Achievement Nigeria’s (JAN) yearly flagship event and the National Company of the Year Competition (NCOY) held virtually.
The minister said: “Nigeria has a future in the younger generation. These younger generations are different from the older generation. We see the uptake of technology growing wide, the youths are trying their hands at business and they are coming up with ideas, using technology as an enabler.
“They should do more in embracing knowledge-based technology to promote and develop the business’ and solving complex societal issues; that’s how we can change our world,” he added. 
Dare, who appealed for government and private sector support to assist the enterprise of Nigerian youths, added “Entrepreneurship is the future for our youths, no country has been able to solve her unemployment problem without placing its youths on the pathway to entrepreneurship and I see the youth of this country blossoming in entrepreneurship.
“The world has changed; the world has gone beyond your qualification. The world is interested in idea and skills and that’s where the future lies, hence, the government and private sector should rise and support and uptake some areas where they have developed some technology 
Dare said his administration is committed to supporting and promoting youth’s ideas and skills for growth and development in the country.
He said: “We are committed to making sure we turn our youth into entrepreneurs, pushing their business ideas. We have earmarked N75 billion funds for youth engagement and we are waiting for them to apply. They should present us a convincing business idea to promote.”
He expressed appreciation to JAN and urged them to nurture the spirit of business and entrepreneurship.

JA Africa CEO Mrs. Simi Nwogugu, while delivering her speech said, “The National Company of the Year Competition 2020 is an opportunity for us to showcase the depth of potential that lies within these young minds and Junior Achievement Nigeria’s role in grooming the next generation of leading entrepreneurs.”
She, however, commended the effort of First Bank of Nigeria for sponsoring the NCOY competition to contribute to the continued growth and development of the country. 


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