Fidelity bank banner UBA banner
Fidelity Bank, Empretec empower 300 youths in bid to create the next Dangote

By News Express on 27/09/2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,712


Fidelity Bank Plc, top Nigerian lender in strategic partnership with Empretec Nigerian Foundation on Monday commenced a graduate entrepreneurship training programme for 300 youths in Abuja, the Federal Capital Territory (FCT).

This initiative which is part of the bank’s entrepreneurship support intervention for state governments and Micro Small Medium Enterprises (MSMEs) seeks to empower Nigerian youths with requisite entrepreneurship skill needed to thrive in today’s highly competitive business landscape.

Having conducted similar programmes in Lagos State and Calabar, the Cross River State capital, the Bank has once again reaffirmed its unwavering commitment to build a new breed of entrepreneurs especially amongst Nigeria’s boisterous youth population.

Speaking at the opening ceremony of the graduate entrepreneurship programme, the Fidelity Managing Director/Chief Executive Officer, Nnamdi Okonkwo, said that the six-day intensive training programme is designed essentially to assist young entrepreneurs build capacity needed to survive in today’s business world.

Okonkwo, who was represented by the Bank’s Group Head, Specialised SME, Ndubuisi Onuoha, said the lender’s decision to embark on the programme was borne out of the need to resolve the issue of failed business start-ups in Nigeria.

“Studies have shown that only 20 percent of MSMEs survive beyond their fifth year of operations. In view of this, the programme is aimed at building stronger and well informed entrepreneurs who have unparalleled management skills and can obtain and manage funds efficiently if needed,” he stated.

The bank, through a meticulous selection process, has identified young and budding entrepreneurs with great prospects of becoming the next Dangote, according to him.

Whilst assuring that the Bank would provide participants with necessary support required to sustain their respective businesses, Onuoha pointed out that Bank remains committed to helping entrepreneurs take advantage of the myriad of opportunities prevalent in the Nigerian economy.

Speaking in the same vein, Head, Business and Strategy, Empretec Nigeria Foundation, Bright Osakwe, expressed unreserved gratitude to Fidelity Bank for its continued support towards entrepreneurship development. He however explained that so far the foundation has trained about 3,000 Nigerians and intends to step up its efforts in this regards.

The Bank’s Head, Abuja II, Halilu Malabu, urged participants to take advantage of this free training programme to enable them become dominant players in their respective industries. Malabu also advised selected participants to repay the Bank’s faith in them by building successful businesses.

A flagship capacity-building programme of the United Nations Conference on Trade and Development (UNCTAD), Empretec is expected to promote entrepreneurship and MSMEs with a view to facilitating sustainable development and inclusive growth.

Source News Express

Posted 27/09/2017 05:58:45 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
Newswatch: JIMOH IBRAHIM CUTS SALARIES BY 50%

5 factors fuelling the rise of e-Commerce in...

Obiano sworn-in for second term in office, pledges...

Alleged contempt: Court insists IGP must arrest INEC...

Ekiti Poll: PDP deplores alleged attack on members,...

Presidency fine-tunes Buhari’s new Niger Delta vision

Trump’s ex-campaign chair on trial; faces criminal charges...

Independence celebration: Service Chiefs, DG DSS visit troops...

Activist exposes Governor Oshiomhole, says he is a...

Nigeria leads in number of internally displaced persons...

Kingsley Moghalu emerges YPP presidential candidate

State of the nation: NEW PDP UNLEASHES 8-POINT...

 

Latest News BREAKING: Ex-Ohanaeze President Dozie Ikedife is dead Something is wrong with the leadership of the Nigerian Army: Ex-British Police Officer Liverpool, Spurs, PSG squeeze into Champions League Last 16; Napoli, Inter out Explosion rocks Umuahia Catholic Church Atiku, Ezekwesili absent as Buhari and other candidates sign Peace Accord Party Chairmen protest during signing of peace accord, allege deceit I wasn’t invited to Peace Accord meeting: Atiku South East activists hold special session, warn against scientific rigging of 2019 elections Okowa, Aisha Buhari call for sensitisation on gender streaming, advocate a re-engineering of the civil service PDP to Buhari: Stop shielding corrupt relatives Gunmen hijack 18-seater passenger bus in Rivers Police receive 104,289 applications for 10,000 jobs

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (429,723 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (394,716 views) Shameless Genevieve Nnaji exposes breasts in public (327,605 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (280,931 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (247,765 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (229,214 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (212,033 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (193,245 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (179,523 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (170,390 views) Lagos plane crash: Journalist releases victims’ names (167,186 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (153,662 views)

 

Zenith Zero Balance First Bank chat banking

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (76) Business & Economy (3,874) Business Verdict (54) Columnists (972) Complaints & Requests (95) Enterprise & Opportunities (208) Entertainment (575) Features (679) Global Business Monitor (311) International (2,807) Interview (167) Live Commentary (28) Love Matters (146) Maggie's Blog (69) News (41,353) Opinion (1,150) Pidgin (13) Politics (8,130) Religion (911) Sports (1,817) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera