Oyo State Government has commenced training of 500 youths who are entrepreneurs in different professions on application drive that would enable them get 5,000 dollar seed capital from Tony Elumelu Empowerment Programme.
Speaking with Newsmen in Ibadan during the opening ceremony of the training session, the Special Adviser to the Governor on Youths and Sports, Mr Kazeem Bolarinwa, said the programme is aiming to reduce youths’ unemployment and improve the economy of the State.
According to Mr Bolarinwa, the training would give the applicants opportunity ahead of others to access the Tony Elumelu Foundation’s 5000 dollars grant, thereby boosting the economy of the State.
He asserted that the Programme is designed to fund entrepreneurs and engage youths in various vocational occupations.
The Co-Convener of the initiative in Oyo
State, Mr Timi Olagunju, disclosed that over 1,200 youths applied for the training but only 500 youths could be admitted due to the outbreak of coronavirus disease; adding that the training would be in 50 youths per batch, to avoid overcrowding.
He said the remaining 700 applicants who would not be opportuned to participate physically in the training, would watch it through twitter handle, YouTube and other available Channels that would be provided.
The Chief Trainer, Miss Fiyinfolu Olajola, told Newsmen that the Foundation had been able to secure over one thousand job opportunities for youths in the State and hope to achieve more at the end of the training.