Entrepreneurship giant seeks N10b to engage youths in Nigeria’s South South

Entrepreneurship giant seeks N10b to engage youths in Nigeria's South South


An entrepreneurship giant known as Global Entrepreneurship City Network has collaborated with Ogoni liberation Initiative to boost skills and engage youths in the rich oil community of Ogoni, in Nigeria’s south-south of Rivers State.

President of the the group, Mr. Fabeke Douglas, said with N10 billion, youths will be trained to be less dependant on oil as he seeks to engage them on Agriculture, Information Communication Technology (ICT), Paint Making, Film Making, Hair Dressing, Tailoring, Bead Making, Soap, Education, among others.

Speaking at a one day seminar held in Lagos southwest Nigeria, last weekend, tagged “Ogoni Reconnect”, with the theme: Startup/Funders Roundtable & Entrepreneuship, Fabeke said, the seminar provides a platform for N10 billion Investment Fund to be raised for the first phase development of the entrepreneurship project in Ogoni community.

Sky News Africa observed that the seminar extensively deliberated on some fundamental business issues, and an overview of opportunities available for the people of the rich oil community.

Official tag for the programme

However, the President of the group hinted that the N10b fund, is aimed at developing the four Local Government Areas and six kingdom in Ogoni land, adding that the skills acquisition is the only option to end Youth Restiveness, Banditry, Arms struggle, kidnapping and the Unemployment menace in the community and the country at large.

“We are poised towards a better living for every Ogoni Indigene and to reposition the Niger Delta in a better light for the world to see, by creating entrepreneurship forums where youths can share information freely and receive financial aid when needed.

“Our initiative is to shift the focus of Ogoni Youths away from the belief that they can only be enriched through the oil wells, thus leading to agitations and arm struggle for oil sake.

Participants at the event held in Lagos southwest Nigeria

“We are opening the eyes of our people to other opportunities that can be explored outside oil and gas, and this is why the N10 billion investment fund is being launched through the support of our partners, to help and encourage entrepreneurship in Ogoni land.

“There are a lot of opportunities in Ogoni land and we as a group are ready to give the needed support    to the youths to grow their businesses and to guide them through the possible challenges they might encounter.

“Nigerians should know that white collar jobs are not enough to go round every job seeker.  There are other things that people can do apart from white collar jobs to boost Nigeria’s economy.

“The idea in Nigeria is that everybody must be in the office which is not possible.

“There are other things that people can do to boost the economy of this country. This is why we will extend the training to both young and old.

“We are ready to help people who will take the training serious. At the end of the day, it would encourage us to do more”, Fabeke said.

On his part, an entrepreneurship expert, Seye Shoneye, delivering a speech titled: “Entrepreneurship an Antidote to Economic Crisis, said the youths should be encouraged to venture into entrepreneurship programmes.

Shoneye said entrepreneurship is a potent antidote which is mostly overlooked in most economies but very effective and useful if Nigeria wants to be liberated from the current economic malady.


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