12,000 youths to get entrepreneurial training in C’River

Arrangement has been concluded by the Canadian University Students Oversea (CUSO international) to commence the process of strengthening technical skill on entrepreneurial development to 12,394 youths in businesses of their choice.

Team leader for the project, Jerry Nwigwe, disclosed this while fielding questions from journalists in a post international youth day celebration briefing tagged, The Road 2013: Eradicating Poverty and Achieving Sustainable Production and Consumption, held in Calabar.

He stressed that the training of the unemployed youths would span a period of five years.
The skill so impacted by CUSO will aid the youths to strengthen their capacity to efficiently manage their small and medium scale businesses of their choice.

Nwigwe stated that so far about 200 youths residing in Cross River State had benefitted from CUSO`s training, adding that since they came to the state about 410 businesses had been strengthened.

“The most significant intermediate outcome to date is that 410 young people have established new businesses when previously they were unemployed or underemployed,” he said.

The team leader maintained that the 12,000 skill acquisition training for youths in Cross River State which began in 2014 would be concluded in 2019, adding that about 54 youths had just benefited from the YEBSP grant and 20 more were still waiting verification with about 16 groups and individuals had so far received loans from MFI partners.

Also speaking, Country Director for CUSO in Nigeria, Garry Shea stated that target of CUSO was to work with very vulnerable and most marginalised citizens of the state, stressing that N100,000 was being given to less-privileged individuals with N300,000 being given to cooperatives as grants to kick start their own businesses that might impact positively on the environment.

He said that the system of providing technical support and credit facilitation for young entrepreneurs fostered by the project had a potential to contribute meaningful to the ultimate project outcome over the life time of the project.

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