The Central Bank of Nigeria, CBN, on Thursday said its Youth Entrepreneurship Development Programme, YEDP, is aimed at creating one million jobs for Nigerians.
This was disclosed by the Director, Development Finance Department of the apex bank, Mudashiru Olaitan while speaking at the opening session of a three-day programme for the first set of applicants of the YEDP.
According to Olaitan, the governor of the apex bank, Godwin Emefiele initiated the YEDP programme to address the challenges of youth unemployment in the country.
Olaitan said, “This is a unique programme that seeks to unleash the latent entrepreneurial skills among our teeming youths, harness their energy and passion and ultimately groom them into leading entrepreneurs in various fields.
“The program was developed to strategically deploy our youthful resources for maximum economic development.
“Successful applicants will also benefit from a robust post-disbursement support that include business development support, mentoring and attachment programmes.”