Presidency Awards N60 Million In Grants To 120 Youths For Business Plans

The Presidency on Saturday announced that N60 million has been disbursed to 120 youths selected from across the country.

The Senior Special Assistant to the President on Technical, Vocational and Entrepreneurship Education (SSAP-TVEE), Abiola Arogundade, made this known in Abuja at the award of grants and Solar Kiosks as well as Certificate of Completion to deserving participants of ‘Unlock Training Programme’.

She stated that the programme was the outcome of a six-week campaign initiated by the Presidency during which Nigerian youths were asked to record and submit a one minute video on their current TVET skills, what their plans are for the future on such skills and how they want the government to assist them achieve their plans.

Arogundade said during the programme, both online and physical participants were trained on the components of a good business plan including executive summary, business overview and marketing strategies, pricing, money management and risks, among others.

The presidential aide added that at the end of the campaign, about 10,000 participants were trained in a 10-day intensive training session on how to write and execute business plans.

Her words: “After the course, participants were asked to write and submit business plans. Today, we are giving out N500,000 grants each to 120 winners with the best Business Plans.

“We are also giving out honourary awards to 80 persons seen to be doing very well in their Technical, Vocational and Entrepreneurship skills but need support to upscale their businesses.

“As you must have seen on your way in, there are four Solar Kiosks to be given away to winners to support the business development of their TVET skills. They include one designed for hair dressing, one designed for catering and food vending and the other two for general purposes.”

Source: Daily Post.

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