By Adeola Kunle
The Federal Government has reiterated its determination to promote youth entrepreneurship and strengthen sustainable business development through strategic partnerships aimed at providing young Nigerians with the skills, knowledge, resources and opportunities required to succeed in the business sector.
The Honourable Minister of Youth Development, Comrade Ayodele Olawande, made this known at the NiYA-Cascador Founders Programme, where he underscored the importance of creating an enabling environment for young entrepreneurs to develop their business ideas into viable and sustainable enterprises.
Olawande observed that many young Nigerians across the country possess innovative ideas and have established businesses to address various societal challenges. However, he noted that access to adequate support, professional guidance and business opportunities remains essential to helping them overcome challenges and achieve long-term success.
He explained that, in furtherance of President Bola Ahmed Tinubu's Renewed Hope Agenda, the Federal Ministry of Youth Development, through the Nigerian Youth Academy (NiYA), entered into a partnership with Cascador to provide practical business support and entrepreneurial development opportunities for young Nigerians.
According to the Minister, the programme also exposed participants to relevant government agencies, giving them practical insights into the processes of establishing, managing and expanding successful businesses.
He expressed confidence that the knowledge, training and exposure gained through the initiative would strengthen the capacity of beneficiaries to grow their enterprises, expand business operations, create employment opportunities and contribute significantly to the country's economic development.
The Minister further stated that the programme was designed to help participants consolidate their businesses, increase their operational capacity, generate jobs and create lasting economic value. He added that the Ministry looks forward to seeing the beneficiaries transform their experiences into successful enterprises and inspiring business success stories.
Olawande also recognised the contributions of Cascador, Sapphital, the judges, trainers and other stakeholders whose commitment and support contributed to the successful implementation of the programme.
He called for stronger private-sector involvement in youth entrepreneurship, urging businesses, investors and other corporate stakeholders to support emerging entrepreneurs by partnering with them, patronising their products and services, and providing investment opportunities for their innovative ventures.
The Minister maintained that Nigerian youths have the creativity, determination and resilience required to achieve outstanding results when given the necessary encouragement, resources and opportunities.
He concluded by assuring that the Federal Government remains committed to building an environment that enables young Nigerians to maximise their potential, establish thriving businesses and play meaningful roles in advancing Nigeria's economic growth and national development.
Adeola Kunle
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