Education

NNPC Foundation unveils business opportunities for NYSC members

A total of 2,659 members of the National Youth Service Corps (NYSC) across Nigeria have been pre-qualified for the final phase of the NNPC Foundation Business Pitching Exercise.

Billed to hold from July 2 to July 10, 2024, the exercise is an integral part of the NNPC Foundation’s Financial Literacy Programme for Nigerian youths who witnessed the engagement of over 284,000 corps members, who underwent rigorous training and assessments.

Speaking on the exercise, the Managing Director of NNPC Foundation, Emmanuella Arukwe, said the selection criteria will focus on the feasibility and sustainability of the business idea, market relevance, competitive edge and innovation, scalability, potential impact on the community and the entrepreneurial spirit of the corps members.

“We have identified these 2,659 individuals who are ready to present their business ideas to a distinguished panel of assessors,” Arukwe was quoted as saying in a statement issued by the NNPCL spokesperson, Olufemi Soneye, on Friday, June 28, 2024.

Arukwe said the Financial Literacy Programme aligned with the NNPC Foundation’s mission of equipping young Nigerian graduates with the necessary skills for personal and professional development.

NNPCL, TotalEnergies announce $550m investment on Ubeta Field

“By educating corps members on financial management and entrepreneurship, the program aims to empower them to become economically self-sufficient and to contribute positively to society,” she added.

During the pitching exercise, projects that standout will receive startup packs, business advisory services, and opportunities to scale their ventures.

In a related development, the management of NNPC Foundation has facilitated a 50 per cent reduction in the registration fee for corps members’ businesses with the Corporate Affairs Commission (CAC).

The NNPC Foundation is the Corporate Social Responsibility arm of NNPCL. Its initiatives focus on enhancing Nigeria’s socio-economic development through targeted interventions in education, health, the environment, access to energy and youth empowerment to foster economic empowerment, promote entrepreneurship, and support sustainable development across the country.

The Star

Segun Ojo

Recent Posts

Zenith Bank, Int’l Breweries, NNPC, Others Shine at 2024 SERAS Awards

It was a night of glitz, glamour and celebration at the 18th edition of the…

11 hours ago

Tinubu felicitates Christians on Christmas, says Nigeria on path of restoration

President Bola Tinubu has felicitated Christians on Christmas celebration in the country, saying the nation…

11 hours ago

Uba Sani inaugurates 12 road projects on Xmas Eve

Governor Uba Sani has inaugurated 12 asphaltic roads  within Kaduna metropolis on Tuesday, 10 months…

12 hours ago

Court sends oil magnate to prison for diverting $26m refinery fund

A Federal High Court sitting in Abuja has remanded the Founder and Chairman of Platform…

13 hours ago

Minister’s aide to MURIC: Wike not running FCTA based on religion

Lere Olayinka, Senior Special Assistant on Public Communications and New Media to the Federal Capital…

13 hours ago

NIWA warns Nigerians: Avoid rickety boats,  drunk operators

...Oyebamiji advocates Passage Of Coast Guards Bill The National Inland Waterways Authority (NIWA) has again…

15 hours ago

This website uses cookies.