NYO, FEMA to train youth on entrepreneurship skill

The Nigeria Youth Organisation (NYO) and FEMA Technology are partnering to train thousands of youth on entrepreneurship skills as part of efforts to support the current administration’s job creation strive.

Both organisations stated this Saturday in Abuja during NYO extra-ordinary meeting of zonal vice president, states’ delegates and national executive council members of NYO.

Addressing the delegates, NYO national president, Abdullahi Abubakar Wali, said entrepreneurship and local private enterprise are critical components of Nigeria’s economic development. 

“SMEs tap into domestic and global markets, engaging in activities from retail to telecommunications. SMEs act as incubators of specialisation and innovation within an economy, allowing the country to diversify and industrialise. 

“They also help to fill a growing demand in the goods and services sector, as consumer demand and discretionary income within Africa rises,” he said

He lamented the level of governance in the country, saying development has not been optimally attained in the country after many years of post-colonialism as Nigerians have tolerated parochial political interests, ethnic and religious sentiments to inhibit the nation’s social, political and economic development despite its heavily-endowed natural and human resources. 

Managing Director, FEMA, Femi Soetan, said his organisation has since 2003 trained and empowered over 8,000 youth across the country.

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