• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Foundation Targets Empowerment of 1m Entrepreneurs To Boost Economic Growth

by Mark Itsibor
2 months ago
in News, Business
Share on WhatsAppShare on FacebookShare on XTelegram

In a move aimed at complementing government initiatives on entrepreneurship development, the Stephen Akintayo Foundation has announced plans to empower one million entrepreneurs across Nigeria to accelerate economic growth and job creation.

Advertisement

Speaking at a press briefing in Abuja on Thursday, Founder of the Foundation, Dr. Stephen Akintayo, disclosed that the initiative will be formally launched at the upcoming Business Growth Conference scheduled to hold in both Abuja and Lagos. He emphasised that the empowerment initiative will go beyond financial aid to include structured mentorship and strategic guidance for Micro, Small, and Medium Enterprises (MSMEs).

Dr. Akintayo noted that many small businesses in Nigeria struggle not just due to lack of capital, but also because of limited access to expert mentorship and growth strategies. “We aim to empower one million entrepreneurs in the coming years with not just grants, but strategic mentorship to ensure their businesses thrive. Our target is to build businesses capable of generating a turnover of N1 billion and creating 50 million jobs across the country,” he said.

He stressed the importance of long-term support, stating that the Foundation will set up an advisory council to offer continuous guidance to beneficiaries. “Our experience has shown that without the right advice, many businesses collapse even after receiving funding. That’s why we are prioritizing mentorship alongside financial empowerment,” he added.

Managing director of GTEXT Homes,  Farouq Usman, also underscored the significance of sustainability in the Nigerian business environment. He described the Business Growth Conference as a timely intervention that will expose young and emerging entrepreneurs to practical strategies for scaling up and navigating Nigeria’s challenging economic terrain.

RELATED

NUJ Takes AEDC’s ‘Outrageous’ Billing System To Gov Yahaya Bello, Assembly

NUJ Condemns Death Threat Against Adamawa Council Chairman

17 minutes ago
Tinubu Mourns Boxing Legend Nwankpa

Tinubu Mourns Boxing Legend Nwankpa

30 minutes ago

The empowerment of one million entrepreneurs by the foundation has the potential to significantly stimulate the Nigerian economy.

By equipping MSMEs with financial support and expert mentorship, the programme is expected to drive innovation, expand local industries, reduce unemployment, and enhance non-oil revenue generation.

 

 

The initiative is also expected to foster resilience among startups, create a new generation of job creators, and contribute to national development through inclusive economic growth.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Stephen Akintayo
SendShareTweetShare
Previous Post

Deliver On Key Gas Initiatives For National Economic Growth, Ekpo Urges NNPC

Next Post

Fire Destroys 12 Shops In Oyo Cement Market

Mark Itsibor

Mark Itsibor

Mark Itsibor is a journalist and communication specialist with 10 years of experience, He is currently Chief Correspondent at LEADERSHIP Media Group and writes on Finance, Economy, Politics, Crime, and Judiciary. He has a B.Sc in Political Science, Post Graduate Diploma in Journalism (Print), and B.A in Development Communication. His Twitter handle is @Itsibor_M

You May Like

NUJ Takes AEDC’s ‘Outrageous’ Billing System To Gov Yahaya Bello, Assembly
News

NUJ Condemns Death Threat Against Adamawa Council Chairman

2025/06/07
Tinubu Mourns Boxing Legend Nwankpa
News

Tinubu Mourns Boxing Legend Nwankpa

2025/06/07
NAF Denies Kaduna Airstrike, Urges Media to Verify Reports
News

PICTORIAL: NAF Airstrikes Destroy Terrorists’ Hideouts, Foil Eid Attack In Borno

2025/06/07
Ireland Eases Visa Rules For International Workers
News

Ireland Deports 35 Nigerians Over Immigration Rule Violations

2025/06/07
Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth
Business

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

2025/06/07
I Will Deliver A New Niger State –Bago
News

Low Key Sallah In Niger As Bago, Etsu Nupe Urge Peace

2025/06/07
Leadership Conference advertisement

LATEST

Osimhen Accepts Al Hilal Offer, Agrees Personal Terms With Saudi Club

NUJ Condemns Death Threat Against Adamawa Council Chairman

Ronaldo Turns Down Offers To Play At Club World Cup

Tinubu Mourns Boxing Legend Nwankpa

PICTORIAL: NAF Airstrikes Destroy Terrorists’ Hideouts, Foil Eid Attack In Borno

Ireland Deports 35 Nigerians Over Immigration Rule Violations

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

Low Key Sallah In Niger As Bago, Etsu Nupe Urge Peace

Plateau Govt Engages 20,000 Youths In Agro-Industrial Chains

Benue Govt Orders Residents To Vacate Flood-Prone Areas

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.