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AEA Tasks Youths On Self-reliance

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Leadership Nigeria News Today

The Abuja Enterprises Agency (AEA) has enjoined youths in the Federal Capital Territory (FCT) to make proper use of its skills acquisition programme to be self-reliant.

Speaking during the graduation ceremony of 150 youths, who participated in the 3rd batch of its skills acquisition programme, in Abuja at the weekend, the managing director/chief executive officer of the agency, Muhammed Tukur Arabi, noted that the programme was meant to make youths self-reliant.

Arabi disclosed that over 2,000 youths have so far benefited from the skills acquisition programme of the agency in the last one year, as part of its contributions to reducing unemployment and boosting private businesses in the country.

He stated that the beneficiaries, who were selected from the six area councils of the FCT, received trainings in the construction, beauty, manufacturing and agricultural sectors, while successful participants were also empowered with a micro credit financial support of not less than N5, 000 each.

Represented by the assets manager of the agency, Chudi Ezirigwe, the managing director maintained that the trainings and support for the participants have become necessary, especially now that white collar jobs are no longer available for graduates of high institutions of learning.

Arabi explained that the agency has also put in place an evaluation and monitoring department to help in reviewing and making sure that money given are properly utilized, as well as ensuring that the loans are paid as at when due.

He said: “We are pleased to announce that AEA has put in place a credit scheme such as the Federal Capital Territory (FCT) Microfinance Bank, the Bank of Industry (BOI), where soft loans were given to beneficiaries, to boost their business on a single digit rate of not more than nine per cent. This financial assistance is made available to our graduates to properly finance their projects.”


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