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Youths Entrepreneurship Support (YES) Launched By Buhari Administration - Politics - Nairaland

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Youths Entrepreneurship Support (YES) Launched By Buhari Administration by AKAKAK(m): 5:29pm On Mar 18, 2016
The Muhammadu Buhari administration, through the Bank of Industry, on Thursday formally launched a N10 billion Youths Entrepreneurship Support (YES) project to empower youth with loans to start businesses.
Speaking at the launch of the project in Abuja, the Minister for Industry, Trade and Investment, Okechukwu Enelamah, said his ministry would partner all agencies of government to create new jobs.
He said more than 40 per cent of Nigerian graduates had no jobs and that an average of eight million Nigerians entered the job market annually.
The minister said that the ‘YES’ project of BoI was part of the Federal Government’s youth employment scheme, saying that about 36,000 jobs would be created annually through ‘YES’.
He appealed to prospective beneficiaries to repay the loans for the success and sustenance of the project.
Waheed Olagunju, the acting Managing Director of BoI, said that a participant under the scheme could access up to N10 million loan with single digit interest rate and repayable over three to five years.
He said that an applicant must present NYSC or higher education certificate as collateral to qualify for the loan with two external guarantors.


Mr. Olagunju said that the bank was partnering 11 consultants across the country for the first phase of the project.
Afolabi Imokhuede, a Special Assistant to the Vice President, said job creation was at the heart of the current administration.
He said that government intended to create 3.5 million jobs in the next three years, adding that the ‘YES’ project was one of the programmes.
Mr. Imokhuede advised participants to take the ‘YES’ seriously as online courses were now popular means of job creation world wide.
Nasir El-Rufai, the Governor ok Kaduna State, said that the state was partnering with BoI on job creation.
He said that the state had been able to take controlling shares in Peugeot Automobile Nigeria with the assistance of BoI.

http://www.premiumtimesng.com/news/headlines/200306-buhari-administration-launches-n10-billion-youth-entrepreneurial-project.html

11 Likes 2 Shares

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by funnynation(m): 5:31pm On Mar 18, 2016
Taking APC news serious is at ur own peril.. Don't be surprise that Lie Muhammed will come and deny this 2moro. Party of doom and scam.



Na only for dis nation police go arrest u and borrow ur phone to call DPO.
Trouble is when u wear ''my oga @ top'' T-shirt and brush a civil defence officer car.
Problem is when Nepa took light and you shouted ''God punish Nepa'' and ur papa wey dey work for Nepa dey dere. I swear u go dey pay ur school fees henceforth..



Nairaland official comedian

51 Likes 3 Shares

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by temitemi1(m): 5:31pm On Mar 18, 2016
Another avenue to steal our money cool cool

29 Likes 1 Share

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by lordizak(m): 5:35pm On Mar 18, 2016
My fellow Nigerians don't want change, maybe they will get the chains they now crave for.

5 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by lordizak(m): 5:36pm On Mar 18, 2016
temitemi1:
Another avenue to steal our money cool cool
U wen suppose be person Papa, u be heavy disgrace.

40 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by psucc(m): 5:58pm On Mar 18, 2016
Until we have a definition of 'Youth' as is applicable in other climes, we will continue keep our grandfathers to rule us.

3 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by HungerBAD: 8:31am On Mar 19, 2016
My President making us proud.

27 Likes 1 Share

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by Sijo01(f): 8:32am On Mar 19, 2016
Let's hope this won't be another lie.

1 Like

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by AroOkigbo(m): 8:33am On Mar 19, 2016
Telling us what we want to hear...

1 Like

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by raymondzack: 8:33am On Mar 19, 2016
I hardly believe such news in nija diz days

Not ma fault dey don kill us with lies
So I will believe when I see

1 Like

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by emmabest2000(m): 8:33am On Mar 19, 2016
raymondzack:
I hardly believe such news in nija diz days
Not ma fault dey don kill us with lies
So I will believe when I see

Believe change at ur own risk .... grin

7 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by Nobody: 8:33am On Mar 19, 2016
9c 1...
Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by 5starmilitant: 8:33am On Mar 19, 2016
*in 2face's voice* E be like say dem won to talk, another story LIE again o.

8 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by jamesbanjo(m): 8:33am On Mar 19, 2016
Here we go again


undecided

12 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by Kingspin(m): 8:33am On Mar 19, 2016
We have seen such before, let's seen how this one will go.
Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by BrainnewsNg(f): 8:34am On Mar 19, 2016
funnynation:
Taking APC news serious is at ur own peril.. Don't be surprise that Lie Muhammed will come and deny this 2moro. Party of doom and scam.




Nairaland official comedian

Goodluck
Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by Nobody: 8:34am On Mar 19, 2016
lol the pulani version of youwin, you wont see any beneficiary of this one cheesy cheesy cheesy cheesy

12 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by deebsman1(m): 8:34am On Mar 19, 2016
Its funny many Nigerian youths are criticizing scheme like diz, many of whom are either unemployed or underemployed all becuz of their political or ethnic affiliation or their sheer hatred for d C-in-C. This is a laudable program that all hands must be on deck to see how it can be make successful and how many more of it can happen in our dear country.

30,000 youths getting 3 million naira loan assistance yearly no b moi-moi, just imagine the multiplier effect such will have in the country.

many of you sidon there, they say na lie, na lie....until na true go pass u by

26 Likes 4 Shares

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by 5starmilitant: 8:34am On Mar 19, 2016
funnynation:
Taking APC news serious is at ur own peril.. Don't be surprise that Lie Muhammed will come and deny this 2moro. Party of doom and scam.



Na only for dis nation police go arrest u and borrow ur phone to call DPO.
Trouble is when u wear ''my oga @ top'' T-shirt and brush a civil defence officer car.
Problem is when Nepa took light and you shouted ''God punish Nepa'' and ur papa wey dey work for Nepa dey dere. I swear u go dey pay ur school fees henceforth..

Serious ke!!!
I've always known them to be jokers. A party with Lie Mohammed will always be a joke and can never be taken seriously.

2 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by Lordsocrates: 8:34am On Mar 19, 2016
fact is no matter wat PMB would do, wailers gon still wail..

and its so getting out of hand, that supposed matured folks be crying for 10months straight for having lost... GEJ moved on... 3yrs 2months more to go.

Nigeria will be great again.

6 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by dangote7510(m): 8:35am On Mar 19, 2016
just look at!!

2 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by dokunbam(m): 8:35am On Mar 19, 2016
I hope the money will be channelled properly
Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by BrainnewsNg(f): 8:35am On Mar 19, 2016
This is a great move.
Brainnewsng.com says congrats to Buhari and APC.

12 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by Nobody: 8:35am On Mar 19, 2016
This is th time to knw creative youths not all these lazy, half baked graduates who full Nairaland always blaming their woes of Government.

6 Likes 1 Share

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by GothamLuke: 8:35am On Mar 19, 2016
Another way to siphon funds
Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by villareal15(m): 8:35am On Mar 19, 2016
Until then
Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by blessedvisky(m): 8:35am On Mar 19, 2016
Ok
Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by hinwazaka: 8:36am On Mar 19, 2016
Lies. Coming from the same group of people who brought us the 5000naira alloweee. #RUBBISH

5 Likes

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by magicminister: 8:36am On Mar 19, 2016
AKAKAK:
The Muhammadu Buhari administration, through the Bank of Industry, on Thursday formally launched a N10 billion Youths Entrepreneurship Support (YES) project to empower youth with loans to start businesses.
Speaking at the launch of the project in Abuja, the Minister for Industry, Trade and Investment, Okechukwu Enelamah, said his ministry would partner all agencies of government to create new jobs.
He said more than 40 per cent of Nigerian graduates had no jobs and that an average of eight million Nigerians entered the job market annually.
The minister said that the ‘YES’ project of BoI was part of the Federal Government’s youth employment scheme, saying that about 36,000 jobs would be created annually through ‘YES’.
He appealed to prospective beneficiaries to repay the loans for the success and sustenance of the project.
Waheed Olagunju, the acting Managing Director of BoI, said that a participant under the scheme could access up to N10 million loan with single digit interest rate and repayable over three to five years.
He said that [size=15pt]an applicant must present NYSC or higher education certificate as collateral to qualify[/size] for the loan with two external guarantors.
Mr. Olagunju said that the bank was partnering 11 consultants across the country for the first phase of the project.
Afolabi Imokhuede, a Special Assistant to the Vice President, said job creation was at the heart of the current administration.
He said that government intended to create 3.5 million jobs in the next three years, adding that the ‘YES’ project was one of the programmes.
Mr. Imokhuede advised participants to take the ‘YES’ seriously as online courses were now popular means of job creation world wide.
Nasir El-Rufai, the Governor ok Kaduna State, said that the state was partnering with BoI on job creation.
He said that the state had been able to take controlling shares in Peugeot Automobile Nigeria with the assistance of BoI.
http://www.premiumtimesng.com/news/headlines/200306-buhari-administration-launches-n10-billion-youth-entrepreneurial-project.html

Higher education is anything above primary school.
This program should be restricted to graduates of TETIARY INSTITUTIONS. Regardless of whether its B.sc, hnd, ond, or something related.
I wonder who this project is really for........

1 Like

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by arbass(m): 8:37am On Mar 19, 2016
How do we apply for the loan?! Tired of stayin' @home doin' nothing.

2 Likes 1 Share

Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by emekatimsu(m): 8:37am On Mar 19, 2016
this is quite diffrent from the Youwin programme of the last administration..
Re: Youths Entrepreneurship Support (YES) Launched By Buhari Administration by Viktor1983(m): 8:37am On Mar 19, 2016
It's all good

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