President Goodluck Jonathan,
earlier today at the Banquet Hall of the Presidential Villa, launched the
latest edition of the Youth Enterprise With Innovation in Nigeria empowerment
programme, otherwise known as YouWIN! The scheme, which is in its fourth
edition, is targeted at providing aspiring and passionate entrepreneurs with
the necessary financial support with which to establish their businesses,
expand them and create more jobs.
Jonathan, who described the
scheme as ‘one of the finest initiatives of his administration’, lauded the
youths for their response to the programme. He also commended the Minister of
Finance, Dr. Ngozi Okonjo-Iweala for successfully coordinating the first three
editions of the programme, of which 22, 000 jobs had been created.
The $50m set aside for YouWIN4 is
expected to support additional 1, 500 beneficiaries with grants of between N1m
to N10m with which to start up their businesses, as well as beneficiaries of
previous editions, with grants to take their businesses to the next level.
Source: theeagleonline.com
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