FG, Cascador Partner to Boost Youth Entrepreneurship Through NiYA

FG, Cascador Partner to Boost Youth Entrepreneurship Through NiYA

By Sarah Kitks

Abuja (Core Reporters) Nigeria’s Government has reaffirmed its commitment to promoting youth entrepreneurship and sustainable business development through strategic partnerships aimed at equipping young Nigerians with the skills, knowledge and opportunities to succeed in the business environment.

The Minister of Youth Development, Comrade Ayodele Olawande, stated this at the NiYA-Cascador Founders Programme, where he emphasised the need to provide young entrepreneurs with adequate support, mentorship and resources to transform innovative ideas into sustainable businesses.

Olawande observed that many young Nigerians across the country possess innovative ideas and have established businesses to address societal challenges but require the right guidance, opportunities and institutional support to achieve their full potential.

He said that, in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda, the Federal Ministry of Youth Development, through the Nigerian Youth Academy (NiYA), partnered with Cascador to provide practical business support and entrepreneurial development opportunities for young Nigerians.

According to him, the programme also exposed participants to relevant government agencies, enabling them to acquire practical knowledge on how to establish, manage and expand their businesses.

The minister expressed confidence that the training and exposure provided through the initiative would strengthen beneficiaries’ capacity to grow their enterprises, create jobs and contribute meaningfully to the nation’s economic development.

He stressed that the programme was designed to help participants expand their operations, generate employment and create sustainable economic value, adding that the ministry looks forward to seeing their businesses develop into successful enterprises.

Olawande commended Cascador, Sapphital, the judges, trainers and other stakeholders for their contributions to the success of the programme.

He also called for increased private-sector participation in youth entrepreneurship, urging businesses and investors to partner with young entrepreneurs, patronise their products and services, and invest in their innovative ideas.

The minister maintained that Nigerian youths possess the creativity, resilience and capacity to achieve remarkable results when provided with the necessary support and opportunities.

He reaffirmed the Federal Government’s commitment to creating an enabling environment where young Nigerians can harness their talents, establish sustainable businesses and become active contributors to economic growth and national development.