N-HYPPADEC Begins N1.8bn GBR For 5,000 Youths

The National Hydro-electric Power Areas Development Commission (N-HYPPADEC) has commenced the process for Graduates Business Registration (GBR) to ensure seamless registration of 5,000 beneficiaries with Corporate Affairs Commission (CAC).

The commission’s managing director, Alhaji Abubakar Sadiq Yelwa made the disclosure during the opening ceremony of the training programme of the staff of the commission in partnership with the Corporate Affairs Commission (CAC) for six initial states of the commission in Minna, Niger State capital.

Sadiq Yelwa disclosed it was in preparation for the distribution of starter packs worth N1.8 billion to the trainees who had completed their training with National Directorate of Employment and Minna Institute for Innovation.

He said the plan will give them the opportunity to register their businesses with CAC free of charge adding that the N-HYPPADEC has paid 100% for each of the participants CAC certificates.

Yelwa said it included a 50% subsidy from the commission to legalise their businesses, form cooperatives and certify their businesses to enable them to access funds from the federal Ministry of Youth Development.

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The managing director therefore charged participants to be fully engaged, pay proper attention to the training for effective and efficient service delivery.

He insisted that guarantors form by the beneficiaries’ parents must be filled before starter packs would be handed over to them, as all processes of the businesses will be properly monitored to the letter.

The Corporate Affairs Commission representative and Registration Secretary of the commission, Alhaji Kabiru Sani applauded the N-HYPPADEC initiative.

He said the beneficiaries will be registered under Excel Business Registration Portal of the commission and urged all participants to properly understand the entire process for seamless registration.