Gist
VP Osinbanjo Tells Youth To Shun “Yahoo Yahoo Boys” And Embrace N75 Billion Support Fund
VP Osinbajo, yesterday, urged Nigerian youths to not be a part of fraudsters popularly referred to as ‘yahoo yahoo boys’, who would sometime find yourself in jail.
He stated they need to somewhat entry numerous programmes arrange by the Federal Authorities and the Central Financial institution to help younger entrepreneurs and different Nigerians.
VP Osinbanjo made the decision whereas delivering the primary convocation lecture of Kola Daisi College, Ibadan, Oyo State. He gave copious examples of younger Nigerians who’ve succeeded with out reducing corners just like the so referred to as Yahoo Yahoo boys and He implored the graduands to embrace integrity and character.
VP Osinbanjo Tells Youth To Shun Yahoo Yahoo boys
“Don’t be distracted by ‘Yahoo Yahoo boys’ with fancy vehicles. Their days are all the time numbered. They are going to go to jail in the future. What’s the level of getting cash when you may’t sleep nicely at evening?
“The purpose is that of all of the examples I’ve given, not one had rich mother and father. All of them did most, if not all, their schooling, right here, in Nigeria.
“So, it can be crucial for us to keep in mind {that a} Nigerian schooling is a vital credential since you perceive the terrain and also you perceive the regulation of the land. However you could discover out concerning the help accessible both from the personal or public sector. For instance, the Federal Authorities has established a N75 billion Nationwide Youth Funding Fund. This supplies monetary help for small companies in any area.
“The Central Financial institution of Nigeria has additionally established the artistic sector funds, primarily for younger folks in expertise and leisure. There’s additionally the brand new programme referred to as Investing in Digital and Inventive Enterprises, with over $600 million to help younger expertise and artistic entrepreneurs and different entrepreneurs by way of the availability of finance, talent growth and infrastructure.”
The Vice President added: “Earlier, this yr, the Federal Authorities partnered with the United nations Growth Programme (UNDP) and the personal sector to start out a programme referred to as the Jubilee Fellow Internship Programme for the subsequent 5 years.
Yearly, 20,000 college students, after youth service, will likely be given internship alternatives in personal sector corporations and public businesses. The concept could be for the contributors to achieve related concepts and life expertise that can allow them transition seamlessly into knowledgeable enterprise or public sector profession whereas additionally incomes a superb pay in the course of the internship.”
Fifty-two graduands from numerous programmes comparable to Pc Science, Industrial Chemistry, Micro-biology, Accounting, Enterprise Administration, Economics, English and Literary Research, Historical past and Diplomatic Research, Mass Communication and Political Science, had been awarded first levels.
VP Osinbanjo Tells Youth To Shun Yahoo Yahoo boys
VP Osinbanjo Tells Youth To Shun Yahoo Yahoo boys
