Ogun State Governor Dapo Abiodun has said his administration is set to offer business-oriented youths grants ranging from N500,000 to N10 million under the Ogun Youth Empowerment and Entrepreneurial Programme (OGYES).
He said the grants, which will start during the next phase of OGYES, which is soon to be re-launched, will offer unemployed youths and women a wide range of opportunities and provide beneficiaries with the cash they need to expand their businesses.
He added that other youths would have access to interest-free digital loans.
The governor made this known during the Remo International Youth Day with the theme: ‘Transforming Food Systems: Youth Innovation for Human and Planetary Health’, held at Christ Apostolic Grammar School, Iperu-Remo.
Prince Abiodun said more youths would be trained in Digital Training Enterprises, adding that technical and vocational training would also be provided for other youths.
He said: “Ogun Youth Empowerment and Entrepreneurial Scheme that we will launch in the next two weeks aims to do a few things; it is a programme directed at our youths.
“We will identify, through a process, our young men and women who are entrepreneurs—those who have a flair for starting their own businesses or those who are already engaged in businesses. We will support them with grants.
“We will give them grants ranging from N500,000 to N10 million. This will allow them to have the cash they need to expand their businesses and provide cash flow for them. Others will have access to interest-free digital loans. All this we are unveiling in the next few weeks.
