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UGN Advises Youths To Undergo MSMEs Training To Access CBN Intervention Facilities


The UGN has advised youths To Undergo MSMEs Training To Access CBN Intervention Facilities

Mr. Olanrewaju Longe, Ondo State Youth President and Coordinator of the Ondo State Chapter of Unemployed Graduates of Nigeria (UGN); has advised youths to undergo Micro, Small and Medium Enterprises (MSMEs) training.

Longe believes the training would help them access the Central Bank of Nigeria’s (CBN) intervention loan.

Longe made this recommendation in an interview in Akure on Friday.

Also, Longe said the youth could only enjoy the CBN’s intervention facilities if they had been trained by certified agencies. Such agencies like the National Directorate of Employment (NDE); or Small and Medium Enterprises Development Agency of Nigeria (SMEDAN).

According to Longe, the certificates issued by the certified training agencies would be part of the criteria for MSMEs loan at the bank.

Longe explained that the state government is ready to partner with SMEDAN in training interested members of UGN.

“The executive members of UGN had discussed with Mr. Joel Ogunsola, the Senior Special Assistant on Innovation and Partnerships to Gov. Rotimí Akeredolu to see how they can partner with SMEDAN to train unemployed youths.


“The Special Assistant has assured us that the governor is fully ready to make the partnership effective. Hence, our youths can have their own substantive sources of income and livelihood’’ Longe said.


Longe commended the state governor for efforts made at training some youths. However, this is in partnership with NDE. Even more, certificates were issued to youths for onward processing of loan in CBN.

Also, Longe made an appeal to both the Federal and State Governments to do more. Furthermore, he added that no nation could survive without good welfare for its youths.

“We, unemployed graduates of Ondo State with registered members of over 66,000 across 18 local government areas of the state, commend Gov. Akeredolu for putting us in mind with good programs for positive transformation.

“We are solidly behind him because one good turn deserves another and we promise him that he has our cooperation and support.

“Concerning his promise for distribution of `Keke Aketi’ (tricycles meant for a commercial purpose), we humbly enjoin him to be fast about it because this gesture will make most of us bread-winners,” Longe said.

For more, visit www.smefinance.org

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