The Asset Management Corporation of Nigeria (AMCON) has initiated an entrepreneurship and empowerment programme for Corps Members.
Tagged the “Managing Director’s Annual NYSC Entrepreneurship Competition”, the programme involves business plan contest among serving Corps Members.
At the end of the maiden edition of the initiative, 3 of the 15 contestants came tops and were presented cheques of Five Hundred Thousand Naira each at a ceremony held at AMCON’s office in Abuja.
They are Joanna Jewel Adamu (FC/21A/1265), Umar Aliyu Gosta (FC/21A/1251) and Abdulsamad Saidu Usman (FC/21A/1046) whose proposals centered on online art and fashion business; poultry production; and technological innovation respectively.
The Managing Director of AMCON, Alhaji Ahmed Lawan Kuru noted the high rate of graduate unemployment, and the need for stakeholders to work towards steering the mindset of the youths from that of seeking white collar jobs to that of entrepreneurial engagement.
He said AMCON initiated the entrepreneurship programme for Corps Members in appreciation of the invaluable contributions of NYSC to national development.
The Managing Director explained that the introduction of the business plan contest was aimed at providing funds to enable the winners actualize their business dreams and, in the process, contribute to the economic development of the country.
The NYSC Director-General, Brigadier General Shuaibu Ibrahim, said the Scheme had been assiduous in the implementation of its Skill Acquisition and Entrepreneurship Development programme (SAED), adding that many ex-trainees of the programme were now owners of flourishing businesses.
The Director-General said this informed the proposal for the establishment of NYSC Trust Fund, which would not only make the SAED training more functional, but also serve as sustainable source of funding for the Corps entrepreneurs.
Reporting by Sandra Udeike, editing by Daniel Adejo.