When President Goodluck Jonathan launched the You win Program its maximum Financial support was pegged at 10 million, which is given in batches subject to the achievement of certain milestones.
He did not ask Young Nigerians for Collateral and the project was a huge success so was the rice farmers imitative supervised by the former minister of agriculture and current President of the African Development Bank Dr Akinkumi Adeshina .

General Buharis Youth Innovative Entrepreneurship Development Programme (YIEDP) with which he plans to replace the YOUWIN which he has scrapped has a maximum pay out of 3 million naira but with many clauses young Nigerians will find very insultive archiec and backward.


See detail as posted by the agency in charge

•Security: Graduate entrepreneurs will use their tertiary institution(s) certificate(s) and their NYSC discharge certificate. Serving Corp members will pledge their NYSC discharge certificate and their tertiary institution(s) certificates(s). Also, legal ownership of assets financed by the bank and 3rd party guarantors will be requested as additional collateral from all entrepreneurs
•Successful candidates will be assigned to ECs close to the intended business locations.

Source : http://www.yiedp-hbng.com/ies/faqs.aspx


It is very regrettable that Buhari himself who is still yet to locate his certificate will demand that young Nigerians present their certificates for an entrepreneurship grant.


Some Employers will demand that they sight your originals during documentation what will be the response of these people if they hope to start a career within the 2 years.
If it is Military Board or CBN Board then they are in trouble, by saying that they will most likely lose the offer because the new employer will cite divided attention as the reason not to hire the fellow

The list is endless if Buhari and his team want to replace youwin they should replace it with something better not this chains.

Lolz. ..na wa, see country abeg. person when dey ask no even get oh.

Maybe he has found his own.

Does Bubu even know what the programme is all about in d first place? Mtcheeeew

Hmmm Nigerian government, God will help us.

The money is 4 invest & not natonal cake. Dats diffrent with ur GEJ

What happened to continuity....the moment we put aside politics and work to the common good of the country, the better.


Youwin was a good initiative. Why scrap it and replace it with something else? What business can 3 million set up at this time we are trying to diversify the economy?

Cost of land alone had gulped it, talk less of building.

And those without Genuine certificates are here ranting and crying foul because their parents may use this avenue to detect their original academic Status..............................

A dodged graduate with the right. Entrepreneurial Mindset. Will grab this offer with both hands without giving this conditions a second thought because it is a welcome development......what has keeping the certificates idle earned the owners for their many years of idleness and unemployment?

It is only a lazy,dubious graduate that will criticize this opportunity,...............many Nigerian youths are ingrates.

ugolance:
Does Bubu even know what the programme is all about in d first place? Mtcheeeew

tempest01:
What happened to continuity....the moment we put aside politics and work to the common good of the country, the better.
Youwin was a good initiative. Why scrap it and replace it with something else? What business can 3 million set up at this time we are trying to diversify the economy?
Cost of land alone had gulped it, talk less of building.

Alezy:
Lolz. ..na wa, see country abeg. person when dey ask no even get oh.

Those quoted up here are ROBOT... They can't think without their engine. it's unfortunate that their engine has develop a fault. There is need to take them to the nearest Psychiatric hospital for upgrading and repair

If you want to collect money, that means you want to start a business. that shows that your certificate will be useless during the period of that business. Why can't you give that certificate to the government as a colateral.

this will make those people collecting the loan knows that they have no option than to utilize the money for good at all cost. THIS WILL MAKE THOSE BORROWING TO BE MORE SERIOUS

Hehehehe iran mbe

Lalasticlala, Obinoscopy come and see o

Must you people wail about everything?

As i'll always say "People all over the world see their preferred choices lose election but these people put it behind them, live their life & count down to the day when another opportunity will present itself for them to make another choice of candidate (s) that aligns with their beliefs & aspirations.


Not in this situation, electoral defeat has now been deemed as failure in life & must be mourned & recriminated over!

Is the government giving a grant or a LOAN?

Do banks not collect collateral?

In a country where there is no genuine database & address verification platform available, where some people access bank loans with the purpose of not repaying, how are defaulters supposed to be managed?...


OP, before whipping up sentiments, check the rates, tenor & try to educate yourself about Risk investments & procedures.



Only 2 groups of people will find fault in this.

1. The set that has vowed to "oppose" anything & everything embarked on between May 2015 -May 2019 ( 2023 maybe)

2. Borrowers who have every intention of not repaying, believing the government will take care of it!!


& to you "no certificate" spewing ignoramus (es), pls don't stop..... if despite all the Pull Him Down before election about religion, health issues, dictatorial tendencies, no certificate etc nothing deterred people from making a choice that was a no brainer.... running like wildebeests on threads won't make no difference NOW!

People can be so engrossed on the happenings on this earth that they forget that there is eternity. Truth is that whatever happens on earth is a shadow of the spiritual. In the physical world, politics is all about how people ascend to and descend from power. In the spiritual, it means how Christ or Satan ascend or descend from being in control of a life, family or territory.
You have a vote. If you vote for Christ you get peace and righteousness, but if you vote for Satan, you get oppression and wickedness.
Those who vote for Christ get elected with Christ to reign for eternity. Hence the bible call them the ELECT.
The physical is a shadow of the spiritual. Choose today if you want to be engrossed in the shadow or operate from the real realm of the spirit.

Lalasticlala, mynd44, Obinoscopy, kindly peruse the Heritage Bank site before putting such inflammatory & defaming header on the home page..

Thank you..

I know op plans:

Collect the money and Usein Bolt

Idiot wan carry our money go flex like his clueless oga jonaDaft_

ezivision:
The money is 4 invest & not natonal cake. Dats diffrent with ur GEJ

Stop spewing nonsense

You win was widely celebrated as one of Africa s best youth empowerment initiative

blackb2:
I know op plans:

Collect the money and Usein Bolt

Idiot wan carry our money go flex like his clueless oga jonaDaft_

Foolishness is a crime

Monies for projects like this are usually released in batches subject to achievement of certain milestones

Asking for peoples certificates when u don't have one is simply unnecessary

I will only give Buhari mine if only he can provide his ordinary Waec Cert.

By the way who still believe in this Nigerian government,

chukwukadibia10:
I will only give Buhari mine if only he can provide his ordinary Waec Cert.


By the way who still believe in this Nigerian government,

E be like say you want NEPA bill

modath:


Lalasticlala, mynd44, Obinoscopy, kindly peruse the Heritage Bank site before putting such inflammatory & defaming header on the home page..

Thank you..

Stop getting hypertensive defending Buhari's failures and policy somersaults.

Wishing you long life as you drive your passion.

godson36:


Those quoted up here are ROBOT... They can't thinking without their engine. it's unfortunate that their engine has develop a fault. They need to take them to the nearest Psychiatric hospital for upgrading and repair

If you want to collect money, that means you want to start a business. that Mean that your certificate will be useless during the period of that business. What can't you give that certificate to the government as a colateral.

this will make those people collecting the loan knows that they have no option than to utilize the money for good at all cost. THIS WILL MAKE THOSE BORROWING TO BE MORE SERIOUS

Lwkmdh. ..see English.
You that can THINKING with ur engine. see ur life

tempest01:
What happened to continuity....the moment we put aside politics and work to the common good of the country, the better.


Youwin was a good initiative. Why scrap it and replace it with something else? What business can 3 million set up at this time we are trying to diversify the economy?

Cost of land alone had gulped it, talk less of building.

U gat. Zero. Entrepreneurial mindset........pple like you cannot cope even with. 3Billion.

Alezy:
Lwkmdh. ..see English. You that can THINKING with ur engine. see ur life

I will amend that error... Android word suggestion is a BITCH..

shows u only see what u want to see! Nd u only hear what u want to hear! In all Wike said, nd paid flowing tributes to BUHARI for his unbiased stand during d rivers rerun! The same people that lambasted buhari on nairaland, ignored wike commendations, nd rather picked on Amaechi episode! Just shows u can do little or nothing to those that see no good in you, mostly when their bias is borne out of sentiments! Even if Buhari transforms Nigeria to Dubai, wailers will still wail

YouthsPC0:


Stop spewing nonsense

You win was widely celebrated as one of Africa s best youth empowerment initiative

because it please flat heads alone.

Please how can a doctor get a job in saudi arabia or UAE or the carribean .ANY LINK p;lease ?

Idiots everywhere!!!



So, he shld give u for free without collateral? When it was a known fact that majority of arrangee who collected the loan didn't bother to return them.

godson36:


I will amend that error... Android word suggestion is a BITCH..

I grab my brother bug don't insult people openly for just no reason, not cool

Asking for cert as collateral for me is OK, afterall is not as if he will eat it. It only an avenue to ensure all money going out are used judiciously and for the purpose it's been demanded for

modath:


Lalasticlala, mynd44, Obinoscopy, kindly peruse the Heritage Bank site before putting such inflammatory & defaming header on the home page..

Thank you..

Babe you still dey defend uncle?
See attached
How body BTW?

agabaI23:
Babe you still dey defend uncle?
See attached
How body BTW?

I am...

I've seen the attached & there is nothing out of place about it , it's a LOAN not a grant....

Banks give only collateral backed facilities, these people don't have any kind to put forward...

Any idea that won't bring enough to break even let alone turn a profit after being financed at rock bottom interest rates isn't worth expending time & effort on..

No free lunch in free town!!

Agabs, you have your reservations about Bubu's person which is your God given right & I respect that but don't go that route of crying wolf when there is no howling, you are better than that!

P.S... How ya doing? Longest time... it's not easy but still keeping on..

Alezy:
I grab my brother bug don't insult people openly for just no reason, not cool

bro, This is nairaland politics. Insult is the only language we understand here