No fewer than 12 younger entrepreneurs in Kwara State have been handed N89.2 million cheques lately by the state authorities as grants to assist their companies, foster self-reliance and create employment alternatives for the youth.
A press release by the Press Secretary, Kwara State Social Investment Programme (KWASSIP), Bolashade Yusuf, revealed the grants have been organised by KWASSIP beneath its Youth Entrepreneurial Empowerment Scheme.
General Manager of KWASSIP, Dr Wasiu Tejidini, who handed them the cheques in his workplace in Ilorin on Monday, mentioned the federal government thought-about it essential to empower the brand new starters with viable enterprise concepts to thrive.
The beneficiaries are Firdauz Muhammed Wuraola, CEO, Drinks ‘N’ Grillz (N10 million); (*12*) Mohammed Kpayero (Ban Shea Products) – N15.9 million; Ahmed Kuburat (Kaddy Nigeria) – N15 million; Oloyede Ikmat Omoshalewa (Kwara Souvenir Store) – N5 million; Fatigun Subomi Emmanuel ((Waka Studios) – N10 million; Anifowose Favour Boluwatife (Esthad Luxe Jewels) – N3.3 million; Ibrahim Maryam Modupeola (Kleen Klear) – N5 million; Ajiboye Opeyemi Rasheed (Tailorgang Fashion House) – N5 million; Yusuf Dolapo Azeezat (Day Varieties Enterprise) – N5 million; Akinyode Bosede Temilade (Global LightTrust Integrated Ventures) – N5 million; Badeji Sherifat Modupe (BSM Fashion) – N5 million; and Adeshewa Kolawole (Day-Yank Fashion), who acquired N5 million.
Dr Tejidini mentioned the fortunate 12 secured the grants on the premise of approval by Governor AbdulRahman AbdulRazaq who went by means of their letters of request and particulars of their enterprise proposals.
While urging them to utilise the funds responsibly to realize the goals outlined of their purposes, Tejidini mentioned the company will, in six-month or one-year time, assess the influence of the funds by means of its monitoring and analysis unit.
He disclosed that the federal government had equally supported greater than 1,000 younger folks by means of its Kwapreneur programme – one other flagship youth empowerment and enterprise improvement initiative beneath KWASSIP.
He outlined the most recent intervention by the state authorities as a broader technique to encourage entrepreneurship and cut back dependence on authorities employment.
Tejidini recommended the governor’s assist for entrepreneurship talent and the way his administration continues to put money into infrastructural improvement, healthcare, safety, and training amongst different sectors.
Speaking on behalf of the beneficiaries, Ajiboye Opeyemi Rasheed and Mohammed (*12*) Kpayero, appreciated the federal government for the monetary help, describing it as a chance to broaden their companies and create jobs.
They mentioned the assist will assist them purchase extra tools and enhance their manufacturing capability by using extra younger folks to grow to be economically impartial.
“We really thank the government. This is an opportunity for us to create jobs for people out there, including fresh graduates. They can easily learn (from us) and get the right business skills to become self-sufficient,” Ajiboye mentioned.
