Business
FIIRO Makes Case For Training Of Young Enterpreneurs
The Federal Institute of Industrial Research Oshodi(FIIRO), on Monday reiterated the need to build the capacity of young entrepreneurs in order to make them self reliant.
The Director General of FIIRO, Mr Oluwadamilohun Osibanjo, stated this on Monday in Lagos at the opening ceremony of Techno-Entrepreneurship Development Training for selected youths from Ubulu-Uku, Delta State.
Elemo said that entrepreneurship development training was the best way to break the poverty cycle in Nigeria.
“The relationship between entrepreneurship, economic growth and poverty reduction is a very significant one.
“For youths to take up position of leadership either in private or public sector, the paradigm shift is on self employment through encouragement and support.
“This encouragement and support will enable them take up challenges of setting up their own enterprises to become the Dangotes and the Otedolas of tomorrow.
“The Federal Government also, through agencies like FIIRO is however tackling the issue of unemployment with all her vigour especially through entrepreneurship with the aim of building youths who are job creators,” she said.
Elemo said that in considering job creation as a priority for national interest, FIIRO had put together this specialised training programme for unemployed youths and women groups.
She said that to ensure poverty was broken; the institute had identified the relevance of over 250 technologies it had developed in all the 774 local government areas of the country.
The FIIRO director general added that the technologies had been documented and published in a book.
“At inception, FIIRO was mandated to accelerate the pace of industrialisation in Nigeria through research and development in utilisation of local raw materials and upgrading of indigenous technologies.
“Over 500,000 techno-entrepreneurs have been trained at the institute since commencement of its full technology transfer training, which helps in solving national socio-economic problems,” she said.
The Tide source reports that the 3-day training centred on five technologies- smoked fish, fruit juice and