By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Governor Ambode Approves N15.5m for Varsity Entrepreneurs
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

Governor Ambode Approves N15.5m for Varsity Entrepreneurs

Farouk Mohammed
By Farouk Mohammed
Published: August 22, 2016
Share
3 Min Read
SHARE

akinwunmiambode3-690x450-1-1-1-1-1-1

Lagos State Governor, Mr. Akinwunmi Ambode has approved the sum of N15.5million as seed funding and grants for final year students enrolled in the Ready.Set.Work (RSW) programme.

Ready.Set.Work is an entrepreneurship and employability training program for final year students of tertiary institutions in Lagos State, aimed at preparing them for economic productivity as value-creating employees or employers of labour.

Commencing in June 2016, five hundred (500) promising final year students from Lagos State University (LASU), Lagos State Polytechnic (LASPOTECH), and Lagos State College of Health Technology (LASCOHET) have been enrolled in a rigorous curriculum either in the employability track or the entrepreneurship track.

- Advertisement -

At the end of the program, over 90 top performing students in the employability track will be placed in 6-month internship positions with organizations like PwC, SystemSpecs, FCMB, GTBank, Access Bank, TOTAL, Jobberman, Stutern, among others.

With Governor Ambode’s recent financial commitment to the Ready.Set.Work program, up to 80 students in the entrepreneurship track will likewise have the opportunity to partake in three to six-month entrepreneur apprenticeships where they can learn the tricks of the trade, understand and develop processes for various business functions, and build a network of vendors, industry peers, and mentors.

Speaking on the development, the Special Adviser to the Governor on Education, Mr. Obafela Bank-Olemoh said that the focus of the initiative from the onset was to provide students in Lagos State with the tools, knowledge, and know-how to become effective employees or job creators.

“We already secured 90 internship slots for students in the employability track of the program and we realized that students in the entrepreneurship track could also benefit from experience in a structured, supervised work setting, where they can learn the rudiments of running a business effectively,” he said.

- Advertisement -

He said the N15.5m committed by Governor Ambode’s administration would also provide seed funding and working capital for the top three teams to emerge from the RSW Business Pitch Competition, which will hold on September 3rd.

This announcement comes as the 13-week program enters its penultimate week, while a Graduation Ceremony has been scheduled for September to close out the program and celebrate the achievements of students who successfully complete their courses.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Ambode
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Lagos Begins Training, Accreditation of Bus Conductors
Next Article Reminisce Terminates Contract With Edge/LRR Records

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 5 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Anambra, Osun Polls: APC Faces Internal Strife as Soludo and Adeleke Engage President Tinubu Amid Election Tensions
Politics Top stories
Pastor Adeboye
Pastor Adeboye Shares Divine Directive: Leaving RCCG Could Lead to Tragic Loss
News
Anglican Bishop of Lafia Calls on President Tinubu to Address Root Causes of Nigeria’s Insecurity and Economic Woes
News
Egbe Bobakeye Okunrin Akile Ijebu Refutes False Claims About Queen Elizabeth II’s 1956 Visit
News
NRC Managing Director Warns Against Railway Vandalism: “We Don’t Have Scraps, We Have National Assets”
News
- Advertisement -
Ad imageAd image

You May Also Like

News

Tragic Head-On Collision in Jigawa Claims Nine Lives, Dozens Injured

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Sport

Victor Osimhen Returns to Nigeria as Al Hilal Transfer Hangs in Balance Ahead of FIFA Club World Cup

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
News

Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?