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SMEDAN Partners 50 Tertiary Institutions On Entrepreneurship

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The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says the agency has partnered with 50 tertiary institutions across the country to prepare their students for a successful entrepreneurial journey.
Director-General of SMEDAN, Mr Olawale Fasanya, made this known in Lagos at the opening ceremony of SMEDAN’s Tertiary Institutions Entrepreneurship Programme (TINEDEP) at the PAN Africa University-Entreprise Development Centre (EDC).
Fasanya, who was represented by the SMEDAN Director, Partnership and Coordination,  Dr. Friday Opara, stressed the need for lecturers to have an entrepreneurial mindset to successfully hand-hold their students through the journey of entrepreneurship.
He said the programme was to equip lecturers  with the necessary tools and techniques to prepare students for the fourth industrial revolution, following the paradigm shift in education.
The Director-General said this could only be achieved through an efficient entrepreneurship education and development to bridge the gaps between the university classroom and the field.
He noted that the programme would also give the tools and provide full practical sessions to broaden the knowledge of participants in the learning process.
“In our present educational system, certificates and degrees only prepare students to be job seekers and not job creators.
“The tertiary institution’s curricular must place the needed emphasis on entrepreneurship and vocational training.

“The training prepares the students to become entrepreneurs and job creators, as the future is skill and skill is the future.

“The concept is designed to inculcate into the students the intelligent and intellectual consciousness of their environment to enable him/her maximises their existence and potential.

“It is an adaptable education that will prepare the students for self-employment which must necessarily be the ultimate,” he said.

The Director, Entreprise Development Centre, Pan-Atlantic University, Lagos, said the programme was organised for all lecturers in tertiary institution that taught entrepreneurship.

Bamkole said the initiative was to empower the lecturers to inculcate entrepreneurial mindsets in the students.

He advised the upcoming entrepreneurs to get into a network of like-minded people for ideas sharing within the ecosystem.

“We have about 50 institutions here, and ordinarily, every Nigerian is a born entrepreneur.

“However, there are techniques that will help  to nurture it, so that opportunities are better understood when they come,” he said.

Also, the Head of Department, Business Administration, Arthur Jarvis University, Cross River, DrUduakMbong, commended SMEDAN for organising the event, saying that it would provide a network to enhance the practice of entrepreneurship in the school.

Commenting, the Director, Entrepreneurship Development Centre, Federal University, BirninKebbi,  Prof. Isa Garba, said after the programme he should be able to come out with a modem in teaching entrepreneurship in the university where he lectures.

Garba stressed the need for more collaboration and partnership among participants to enable him to build a better ecosystem in his institution.

 

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SMEs

IHS Trains Youths On SMEs Management 

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IHS Nigeria has completed its training programme for over 25 young individuals in Yaba Local Government Area of Lagos State, as part of its “IHS Project Empower” initiative.
This effort was designed to empower them with the skills needed to establish small-scale businesses.
The event took place recently at Yaba LCDA in Lagos.
In his keynote address, the Associate Director, Government Relations IHS Nigeria Limited, Bond Abbe, said, “Based on our belief that entrepreneurship drives a nation’s growth, we have developed the IHS Project Empower, as one of our sustainability initiatives, to serve as proof of our unwavering commitment to nurturing entrepreneurial spirit for the betterment of our nation, which is in alignment with one of our sustainability pillars, education and economic growth.
“Our main aim is to create an environment where entrepreneurship can thrive through acquisition training, funding, mentorship, and support to help young adults turn their ideas into successful businesses through the IHS Project Empower”
According to him, the empowerment programme had provided training to over 2,929 young entrepreneurs and innovators, offered grants to 95 young entrepreneurs in 13 states of Nigeria, and, as a result, created 768 new jobs.
He added that this had positively impacted the lives of over 701,688 people across Nigeria.

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SMEs

FG, Bank To Train 2m Youths On Digital Skills

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In furtherance to its pledge to support the job creation agenda of the President Bola Tinubu administration, WEMA Bank, in partnership with the Office of the Vice President, has concluded arrangements to commence an initiative that will impact two million youths and one million Micro, Small and Medium Enterprises (MSMEs) across the country.
The Vice President, Kashim Shettima, who received an update report on the programme on Monday during a courtesy visit by the Managing Director of WEMA Bank, Moruf Oseni, lauded the commitment and partnership of the bank for the initiative.
The delegation was at the Presidential Villa in Abuja to brief the Vice President on the progress made in the implementation of the FGN-ALAT Digital Skill-Novation Programme, an initiative of a partnership between the Federal Government and WEMA Bank to train two million youths and empower one million MSMEs across Nigeria.
Speaking on the support and commitment of the bank in the execution of the initiative, the VP in a statement by his media office said: “I will call on you to be above board. You are a good organization.
“I want to thank you most sincerely for your initiative and commitment, be rest assured that we will fulfill our own part of the bargain”.
Speaking to State House correspondents later in an interview, the MD of WEMA Bank, Mr Moruf Oseni, said they were at the Presidential Villa to brief the Vice President on “how far we have gone on the FGN/ALAT project.
“Vice President was very happy, and shortly you will hear from his office of how we want to progress with this programme. Part of this is to help create innovation hubs across the country for us.
“Mr President came out with a very bold and audacious plan on how to revive the Nigerian economy. The banks are a key player and we will put in our best to actualize this.
“If Nigeria does well, the financial institutions will do well. Mr. President is 100% on track and we are totally in support of his administration”.
On his part, Mr Temitola Adekunle-Johnson, the Senior Special Assistant to the President on Job Creation and MSMEs, emphasised the significance of collaboration, noting that “there is power in partnership. Private sector and the public sector coming together can always do more for the people.
“Mr. President’s ‘Renewed Hope’ agenda cannot be achieved by the government or private sector alone as it requires all hands on deck.
“So, we dug deep into the private sector to see how they can actually play their own role. In the first instance they agreed to partner with us on skills acquisition and in other aspects of the scheme that we plan to implement”.
The FGN/ALAT Digital Skill-Novation Programme will be formally launched by the Vice President on the 29th of September at the State House Banquet Hall, Abuja.
Also present at the meeting were Mr Tunde Mabawonko, Executive Director, WEMA Bank; Mr Bamidele Adefemi, Head of Federal Public Sector, and Mr Chioma Onuaguluchi, Regional Executive, Abuja.

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SMEs

Revamp Technical, Skills Acquisition Centres – CEO

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The Chief Executive Officer (CEO) of I-Contact Connect Limited, Port Harcourt, Dr. Larry-Goodwill Ajiola, has reiterated the need for the Rivers State Government to urgently revamp technical and vocational training centres for skills acquisition in the state.
Dr. Ajiola, a United Nations Eminent Peace Ambassador, said skills development for decent work and livelihood is key to sustainable peace and stability of any nation,  stressing that “equipping youths with relevant knowledge and right attitude to work will make them self-sufficient and not depend on white collar jobs which are not even available”.
Ajiola, who noted the high rate of unemployment among the youths in the state, attributed the  alarming result to government’s neglect of technical and vocational education centers.
He also noted the need for companies sited in different communities to use this in empowering the indeginous youths in their areas, adding that lthis will go a long way in bringing lasting peace in the working environment and society at large.
He, therefore, called on the State Government to urgently revamp all the neglected technical and vocational centres and make them functional for the teeming youths of the state who desire to acquire skills that will make them self-employed and contribute their quota to the socio-economic development of the state.
He also encouraged the youths to make moves in contacting and dialoguing with the companies in their dormains on educational and vocational acquisition, warning against the quest for money, which, he noted, would be spent within few days.
Amb. Ajiola also noted the need for local government chairmen to collaborate with companies in their communities and empower their wards through skill acquisition.

By: Lilian Peters

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