Panacée entrepreneurship programs to fight against insecurity – Agency
The Abuja Enterprise Agency (AEA) has highlighted the need for governmental and non-governmental organizations to develop more entrepreneurship programs for young Nigerians, to curb them and prevent them from indulging in social vices that can disrupt peace and development in Nigeria.
This call was made during the Grand Final of the 4th Abuja Youths Enterprise Club (AYEC) tagged “Social Enterprise in my School” where FCT schools came together to execute solution-based projects on challenges faced in their environment and the country at large.
Abuja Enterprise Agency (AEA) Acting Director General/CEO Mallam Shehu Abdulkadir explained that the reason for the program was to engage young minds as the world is currently facing many security challenges and all those who perpetuate negative vices are energetic young people. .
He said government alone cannot provide jobs to all its citizens, private sectors must come to support the government, while young people must think outside the box to become self-employed and contribute to the building of the nation.
“Abuja Enterprise Agency, in line with its mandate, has initiated and organized several capacity building programs, one of which is the Agency’s flagship program, the Abuja Young Entrepreneurs‘ Club (AYEC) which is designed from the vision and desire of the Agency to embed entrepreneurial knowledge in secondary schools in the Federal Capital Territory (FCT).
“The Abuja Young Entrepreneurship Club (AYEC) was launched in 2007 as Abuja Entrepreneurs’ Club and targeted students below the level of tertiary institution to encourage them to identify leadership and entrepreneurial skills through entrepreneurship training, annual competitions, exchange programs and study tours.
“On June 22, 2022, all participating schools gathered at the Abuja Enterprise Agency to pitch their business ideas to a judging panel who evaluated and selected the schools with the best projects. Schools with the most innovative and viable social enterprises will be unveiled and rewarded with seed capital to implement their social enterprise projects in their various schools,” he said.
Abdulkadir said that since its launch, the program has registered remarkable achievements, with the competition receiving considerable support from public, private and non-profit organizations (NGOs).
“In 2008, in the first edition, twenty-five (25) FCT schools participated in the competition, and Jikwoyi Government Secondary School emerged as the winner. The school became a three-time Global Cup winner under SAGE-Nigeria.
“The second edition of the program was held in 2010 and a competition on artistic cultural heritage focusing on traditional musical instruments was organized with the participation of fifty (50) schools. The Capville school emerged victorious in the edition,” he said.
In the grand finale, Bwari Government Secondary School came first in the Abuja Young Entrepreneurs’ Club (AYEC) competition with a seed capital of N1,000,000.
Government Secondary School Kubwa came second with N750,000, and Government Secondary School Zone 3, Abuja came third, with seed capital of N500,000.
The Permanent Secretary, FCTA, Mr. Olusade Adesola, congratulated the new winners of the 4th edition of the AEA Young Entrepreneurs Club competition for their innovative, creative and sustainable ideas.