Home News Former CBN Deputy Governor launches Youth Empowerment Programme

Former CBN Deputy Governor launches Youth Empowerment Programme

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Former CBN Deputy Governor, Tunde Lemo
Femi Adeleke
Abeokuta
The former Deputy Governor of Central Bank of Nigeria (CBN), Tunde Lemo has announced plans to launch an empowerment programme for Nigerian youths.
The programme, tagged, “Lend a Helping Hand”, according to a statement by Lemo’s Communication Adviser, Eddy Ademosu is an intervention programme aimed at equipping interested unemployed youth-graduates and non graduates with vocational skills that will either enhance their employability or prepare them for self employment.
The statement which was made available to journalists in Abeokuta on Friday, disclosed that the launch of the N25 million empowerment project will hold at Peter Akinola Foundation at the Youth Centre for Industrial Training, Abeokuta, Auto medics, Ilupeju Bye-pass, Lagos and Etiwa Nigeria Limited, Lekki, Lagos.
According to him, the training would be conducted for five years consecutively.
Lemo who is also the Chairman, Board of the Federal Road Maintenance Agency (FERMA), explained that the programme would cover specific disciplines in auto mechanics, masonry and other construction skills; agriculture, catering, fashion designing and, will also include enhancing the youths’ Information Technology capabilities.
His words, “The initiative was borne out of the staggering unemployment rate (36.5%) among the Nigerian youths which constitutes a very serious socio-economic problem in the country.
“We have identified three reputable vocational institutions with proven track records for training programmes and they are mainly: Peter Akinola Foundation: Youth Centre for Industrial Training, Abeokuta, Auto medics, Ilupeju Bye-pass, Lagos and Etiwa Nigeria Limited, Lekki. These institutions have over time, proven track records in the training and development of youths and in many cases assist in the employment of their graduates.
“In the estimation of the promoter of the initiative, the programme would run for an initial period of 5 years (2020 – 2024) with a total estimated cost of  N125 Million.
“And with a firm commitment to the success of the initiative, the celebrant and his family have offered to provide 20% of the funding, which translates to N25 Million.
“We are hoping to raise partners who will commit to participate in the program in different highlighted  categories of  Platinum, Gold and Silver with stratified numbers of youths’ sponsorship.
”The programme also provides opportunities for other donors willing to assist but who are unable to participate at the partners’ categories to indicate level of donations either as one-off or annual commitment.
“All  administration and associated costs of running the initiative are to be borne by the the celebrant and the family”.
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