I was reading an article on bloomberg that Nigeria Approves $268 Million to Back Entrepreneurs, Innovators, According to VP Yemi Osinbajo, this is the funds for small-scale agricultural businesses, while another $20 million will provide funding support to young innovators in technology.

https://www.bloomberg.com/news/articles/2020-02-26/nigeria-approves-268-million-to-back-entrepreneurs-innovators

How can one claim it? Does anyone have talked about it with any banks?

rolando89:
I was reading an article on bloomberg that Nigeria Approves $268 Million to Back Entrepreneurs, Innovators, According to VP Yemi Osinbajo, this is the funds for small-scale agricultural businesses, while another $20 million will provide funding support to young innovators in technology.

https://www.bloomberg.com/news/articles/2020-02-26/nigeria-approves-268-million-to-back-entrepreneurs-innovators

How can one claim it? Does anyone have talked about it with any banks?

Have youths been able to claim all the electoral promises of 2015 yet? 6 years on, have you gotten your share of the millions of employment for the youths yet? They'd soon come and tell you guys that the depleted crude price per barrel due to Coronavirus outbreak had made this unachievable.

ok

Nigeria is not a country but an international village square.

chatinent:
Nigeria is not a country but an international village square.

Why did you say that?

Both the agricultural business and technology are apart of what the nation depends upon for driving the economy, this is good idea from the vice president yemi osinbajo

The current government is trying all possible best to bring our economy back on feet. Supporting entrepreneurs and technology innovations is a way of boosting the economy and providing employment opportunities for the youths.

Yes. It's true.

$20 million will provide funding support to young innovators in technology while 90 billion naira ($248 million), will be dispensed by the central bank as “soft loans” for people building small-scale agricultural businesses.

fairfora:
Have youths been able to claim all the electoral promises of 2015 yet? 6 years on, have you gotten your share of the millions of employment for the youths yet? They'd soon come and tell you guys that the depleted crude price per barrel due to Coronavirus outbreak had made this unachievable.

You may be right because some youths are too lazy to find out how government works, and how to claim their benefits from the government. Some youths are still waiting for the government to be bringing money and opportunities to their doorsteps. Without any doubt, government is releasing some money for business owners, but you will need to visit appreciate agencies before you get it e.g BOI. Government can not be spraying money on the street, so guy take a step now.

Deputy1111:
You may be right because some youths are too lazy to find out how government works, and how to claim their benefits from the government. Some youths are still waiting for the government to be bringing money and opportunities to their doorsteps. Without any doubt, government is releasing some money for business owners, but you will need to visit appreciate agencies before you get it e.g BOI. Government can not be spraying money on the street, so guy take a step now.

am so sure you quite understand what I meant . I'm not talking of indirect employment through companies or establishments, which you harped on. But a direct one from the coffers of the federal government which they promised Nigerian youths.

Yes that's what i read like to hear someone real experience dealing with banks?

TheRareGem1:
Yes. It's true.

$20 million will provide funding support to young innovators in technology while 90 billion naira ($248 million), will be dispensed by the central bank as “soft loans” for people building small-scale agricultural businesses.

I agree with you but at the same time govt need to provide better procedure to initiate the schemes to the general public in simple format so it could easily understood by the general public.

Deputy1111:
You may be right because some youths are too lazy to find out how government works, and how to claim their benefits from the government. Some youths are still waiting for the government to be bringing money and opportunities to their doorsteps. Without any doubt, government is releasing some money for business owners, but you will need to visit appreciate agencies before you get it e.g BOI. Government can not be spraying money on the street, so guy take a step now.

rolando89:
I was reading an article on bloomberg that Nigeria Approves $268 Million to Back Entrepreneurs, Innovators, According to VP Yemi Osinbajo, this is the funds for small-scale agricultural businesses, while another $20 million will provide funding support to young innovators in technology.

https://www.bloomberg.com/news/articles/2020-02-26/nigeria-approves-268-million-to-back-entrepreneurs-innovators

How can one claim it? Does anyone have talked about it with any banks?

Visit appreciate agencies before you get it e.g BOI. Government can not be spraying money on the street, go get information there.

I am not seeking information from Government my friend. I want someone real experience.

Joyce95:



Visit appreciate agencies before you get it e.g BOI. Government can not be spraying money on the street, go get information there.