The federal government said it would register 250,000 Micro Small and Medium Enterprises (MSMEs) free as part of efforts to tackle unemployment and empower youths in the country.
The Minister for Industry, Trade and Investment, Otunba Adeniyi Adebayo, stated this on Monday in Abuja at the grand finale of the 2020 Ugwumba Enterprise Challenge for young leaders’ business start-ups, organised by the Ugwumba Centre for Leadership Development in Africa (UCLDA).
Adebayo noted that the youths are a very significant part of any economy adding that Nigeria has a large youthful population, which is made up of creative, innovative, agile and hardworking individuals with potentials to become global leaders.
He said with their energy channeled in the right direction, that could bring transformation to the nation.
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On his part, the founder and President of the Ugwumba Centre for Leadership Development in Africa (UCLDA) and a former Commissioner for Land and Urban Development in Imo State, Ugwumba Uche Nwosu, said one of the initiatives of the Ugwumba Leadership Centre was the Ugwumba Enterprise Challenge.
Speaking also, the UCLDA Chairman and Emir of Dass, Bauchi State, Alhaji Othman Bilyaminu Usman, urged the nation’s youths to engage in profitable initiatives in their interest and that of the country, especially utilising the MSMEs.
