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CVL begins N480 million youths’ empowerment training in Delta State


Professor Pat Utomi. PHOTO: Youtube

The Centre for Values in Leadership (CVL), a non-profit organisation founded to complement government’s efforts in youths’ empowerment, has begun the second edition of the programme aimed at resolving the nation’s unemployment challenge in Delta State with an investment of N480 million.

The Chief Executive Officer of CVL, Prof. Pat Utomi, who disclosed this at a press briefing yesterday in Lagos, said the second version of the project aims to train 400 young Nigerians in entrepreneurial and micro- enterprises against the first edition where only 100 were trained at Ajegunle in Lagos State.

Besides, Chief Operating Officer of CVL, Mr. Uchenna Achunine, said apart from the difference in number, the budget for the second edition stands at N480 million as against the first which was N30 million because starter packs and start grants have been increased.

The CVL boss identified lack of right ideas rather than funds as the biggest challenge in starting up businesses, saying: “That is why we are addressing this by adding value to the trained youths through the programme.”

He said in addressing the issue of funds, participants were as well trained to develop bankable business plans to access single-digit interest rates on loans of several initiatives by the Central Bank of Nigeria (CBN) and Bank of Industry (BoI) who are the project’s major partners.

Achunine noted that alongside the youths’ intervention programme, there is another one also aimed at training over a hundred of unemployed graduates on self-mastering, leadership and entrepreneurial skills, among others, to make them employable.

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1 Comment
  • walker3333

    Its a worthwhile project and commends cvl and the management//one thing that shouldibe kept ringing in those beneficiaries’ ears is not to have the conviction of marrying two wives and jeep after collecting loans unlike those who collected money from Micro moneywisebanks and disappear into thing air..Majority of our youths see what plays around them even before leaving university, they are already thinking of owning a jeep and house in lekki without thinking of how to get apprentice job first…so please drum it in their ears not to fixate on things like that but how to develop themselves to float over economic challenges