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Calabar Entrepreneurship Development Centre launched

18 September 2013, 10:48Augustine Osayande

Abuja - Cross River State Governor, Liyel Imoke, has urged unemployed youths in the South-South region to take full advantage of the new Entrepreneurship Development Centre (EDC) and empower themselves.

Speaking while commissioning the EDC, which was a collaboration between Central Bank of Nigeria and the Cross River State Government, Imoke said the centre would enable youth acquire skills to enhance economic growth and integration of the region.

The centre is in Calabar.

“In Nigeria today, there are millions of young people who are unemployed or are not engaged on any meaningful economic activity. In effect, 24 percent of our economic agents are disaffected and disenfranchised through unemployment and that the figure has risen to almost 70 percent, when we consider those between the ages of 18 and 30,” said Imoke.

He said the State was excited about the launch adding that the EDC initiative enabled beneficiaries to acquire the relevant skills required in generating good business ideas, develop bankable business plans, and gain access to micro-credit linkage for business start-up capital and business development services.

“It presents a seamless integration with what we have already started here in Cross River and I am in no doubt that this initiative will consolidate our efforts. This initiative is a testament to the gains which could accrue from an effective partnership and collaboration between the States and Federal Government.”

Imoke reiterated his administration's commitment to fight unemployment.

Through the Investment Promotion Bureau, the State set up the Micro-Finance and Enterprise Development Agency, (MEDA), to promote and deliberately cultivate the entrepreneurial spirit among the young people, re-orientating them towards private enterprise.

- CAJ News


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