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UNDP trains 200 youths, women in vocational skills, SMEs in Ekiti

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The UN Development Programme (UNDP) in its bid to complement government’s efforts of addressing insecurity and unemployment has trained 200 women and youth, victims of violence in different skills acquisition and empowerment in Ekiti.

The UNDP Governance, Peace and Security Team Lead, Mr Matthew Alao, said this at the closing of a two-week orientation programme for the beneficiaries, at National Youth Service Corps, (NYSC) Permanent Orientation Camp, Ise/Orun, Ekiti.

Alao said that the programme facilitated by the UNDP and its partner, the Norwegian government, would help in the prevention of crisis and resolution of conflicts.

The Team Lead said that the platform was aimed at transforming the lives of beneficiaries selected from all the 16 local government areas of Ekiti.

He said that after the orientation programme the participants would still go through a six-month skill acquisition programme in trades and skills of their choice.

According to him, this will help beneficiaries gain lifelong skills and enjoy support for the establishment of small-scale businesses with starter pack grants.

Alao said equipping women and youth with lifelong skills and empowering them would “make them economically viable to contribute meaningfully to the development of their communities, states and country.”

“I am enthused to say that this programme will positively impact on these women and youth and will make them become self-reliant at the completion of the six months acquisition programme,” he said.

According to him, the candidates will begin their six months skill acquisition programme in the first week of June at the Ekiti Board for Technical and Vocational Education, (ESBTVE) Centre in Ekiti.

Speaking, the Ekiti Commissioner for Budget and Economic Planning, Mr Femi Ajayi, appreciated the UNDP livelihood scheme, especially because of its impact on crisis prevention and conflict resolution.

Ajayi said that for any meaningful development to occur in any society, efforts must be intensified towards prevention of crisis and resolution of conflicts.

“Business thrives only in societies where peace avails. Nigeria in recent times is faced with a lot of crisis resulting in insecurity thereby being a clog in the wheel of the country’s development.

“You will also agree with me that the effects of these crises have greatly demanded accelerated needs for improved social protection to close the gaps created by the menace.

“And, also to build a sustainable conflict sensitivity mechanism for the prevention of conflict occurrence at all levels of government,” Ajayi said.

According to him, the enrollment of 200 women and youth victims of violent conflicts in different skill acquisition programmes of their choice in Ekiti is part of UNDP’s efforts to ensure that Ekiti is at peace, thereby engendering development.

“Ekiti Government, under the current administration led by Gov. Kayode Fayemi, is well disposed towards development partners among whom is the UNDP.

“Since this government came on board, there have been tremendous and fruitful partnerships with the development partners in the state.

“This government is also committed to creating an enabling environment for intervention of donor agencies towards improving the well-being of the people of  the state.

“Fayemi subscribed to the UNDP programme to promote peaceful coexistence in the state in a bid to making Ekiti indigenes live a life of dignity,” the commissioner added.

The Ekiti Coordinator, NYSC, Mrs Mary Chikezie, urged the participants to see the programme as life time opportunity which should not be handled with levity

She told them that their utilisation of the leadership skills impacted on them through the training would go a long way to help them live a desirable life.

Also speaking, the President of Mediation Training Institute, (MTI-Nigeria), Mr Segun Ogunyannwo, lauded the UNDP initiative which he described as the best option to address the myriad challenges in the country.

He urged the state governors to key into the scheme and replicate the same in their different states to address challenges of security and employment and enhance their efforts of developing and stabilising their states.

He said that such a programme would not only help in job creation and provision of employment opportunities, but would also promote peaceful coexistence in their states and make them live a life of dignity as well.

A participant, Hanna Adebanwo, was full of appreciation to the UNDP for creating the opportunity for the teaming youth and violence victims in the state to learn skills and become entrepreneurs.

Hannah, a graduate of College of Education said that she had been at home for the past five years searching for a job but could not get, adding that the skill and entrepreneur training acquired at the programme would make her start a new life.

Also, another participant, Joseph Oluwabanse, whose family was a victim of herdsmen attack, also thanked UNDP for the training

Joseph, who said he learnt fashion designing, which would be completed in the next six months, said that the knowledge acquired in programme would help stabilize his life after the herdsmen crisis in his village.

He pledged to make use of the skill to positively impact the lives of other youths in his community by encouraging and training them in fashion designing after graduation. (NAN)

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Business & Economy

Tinubu Welcomes Nigeria’s Removal from FATF Grey List, Pledges Continued Financial Reforms

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President Bola Ahmed Tinubu has welcomed the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major milestone in the nation’s economic reform and global credibility drive.

The FATF, the world’s foremost body for combating money laundering, terrorist financing, and proliferation financing, announced Nigeria’s delisting on Friday at its plenary session in Paris, France.

The decision formally removes Nigeria from the list of countries under increased monitoring, following the nation’s successful completion of its FATF Action Plan after over two years of sustained reforms and inter-agency coordination.

In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu said the development reflects Nigeria’s progress in strengthening its Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) framework.

“Rather than treat our placement on the grey list in 2023 as a setback, we saw it as a call to action,” the President said. “This delisting is a strategic victory for our economy and a renewed vote of confidence in Nigeria’s financial governance.”

The President credited the achievement to far-reaching legal, institutional, and operational reforms implemented under his administration through the Nigerian Financial Intelligence Unit (NFIU), in collaboration with the Attorney-General of the Federation, the Minister of Finance and Coordinating Minister of the Economy, and other key ministries.

Tinubu commended the Director/CEO of the NFIU, Ms. Hafsat Abubakar Bakari, and her team for their diligence and professionalism, as well as the contributions of several ministries, agencies, and private sector representatives who participated in the National Task Force on AML/CFT.

He also acknowledged the support of international partners including France, Germany, the United Kingdom, the United States, the United Nations, and the European Commission, for their technical assistance throughout Nigeria’s reform process.

President Tinubu assured that his administration will sustain and deepen the reforms that led to the country’s delisting.

“This is not just a technical accomplishment,” he said. “It marks the beginning of a new chapter in our financial reform agenda as we continue building a system Nigerians and the world can trust.”

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Lagos Tops 2024 State Revenue Ranking with ₦1.26 Trillion — NBS Report

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Lagos State has retained its position as Nigeria’s highest internally generated revenue (IGR) state in 2024, according to a new report released by the National Bureau of Statistics (NBS).

The report, published on Monday via the NBS X handle, revealed that the 36 states and the Federal Capital Territory (FCT) collectively generated ₦3.6 trillion in 2024, marking a 49.7 per cent increase from ₦2.43 trillion recorded in 2023.

Lagos led the chart with ₦1.26 trillion, followed by Rivers with ₦317.3 billion, and the FCT with ₦282.36 billion. Ogun and Enugu States completed the top five with ₦194.93 billion and ₦180.5 billion, respectively.

The bottom five states on the list were Adamawa (₦20.29 billion), Taraba (₦17.46 billion), Kebbi (₦16.97 billion), Ebonyi (₦13.18 billion), and Yobe (₦11.08 billion).

Other states that made the top 10 include Delta (₦157.79 billion), Edo (₦91.15 billion), Akwa Ibom (₦75.77 billion), Kano (₦74.77 billion), and Kaduna (₦71.57 billion).

The NBS noted that the sharp increase in overall IGR reflects growing fiscal efforts by states to boost their internal revenue base amid declining federal allocations.

 

 

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FG Launches Free Financial Education Programme for 100,000 Youths 

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The Federal Ministry of Youth Development, in partnership with Investonaire Academy, has commenced registration for a nationwide financial education programme designed to train 100,000 Nigerian youths annually in financial literacy, entrepreneurship, global trade, and investment.

In a statement signed by Omolara Esan, Director of Information & Public Relations, the Ministry said the initiative reflects its commitment to equipping young Nigerians with the skills to navigate today’s complex financial landscape, enhance employability, and foster sustainable wealth creation.

The programme will provide participants with exposure to global asset classes, including commodities, gold, equities, and foreign exchange, as well as training in risk management, portfolio development, and wealth-building strategies.

Successful candidates will receive industry-recognised certificates to support career advancement and entrepreneurial opportunities. Training will be delivered via an interactive Learning Management System (LMS), incorporating gamified learning, simulations, quizzes, and real-life trading scenarios. Physical sessions will begin in Abuja before expanding nationwide.

The programme is open to students, NYSC members, entrepreneurs, job seekers, and young professionals across Nigeria’s 36 states and the FCT.

Registration is free and currently ongoing via www.investonaire.org.

 

 

 

 

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