₦airaland Forum

The Muhammadu Buhari administration, through the Bank of Industry, on Thursday formally launched a N10 billion Youths Entrepreneurship Support (YES) project to empower youth with loans to start businesses.

Speaking at the launch of the project in Abuja, the Minister for Industry, Trade and Investment, Okechukwu Enelamah, said his ministry would partner all agencies of government to create new jobs.

He said more than 40 per cent of Nigerian graduates had no jobs and that an average of eight million Nigerians entered the job market annually.

The minister said that the ‘YES’ project of BoI was part of the Federal Government’s youth employment scheme, saying that about 36,000 jobs would be created annually through ‘YES’.

He appealed to prospective beneficiaries to repay the loans for the success and sustenance of the project.

Waheed Olagunju, the acting Managing Director of BoI, said that a participant under the scheme could access up to N10 million loan with single digit interest rate and repayable over three to five years.

He said that an applicant must present NYSC or higher education certificate as collateral to qualify for the loan with two external guarantors.

Mr. Olagunju said that the bank was partnering 11 consultants across the country for the first phase of the project.

Afolabi Imokhuede, a Special Assistant to the Vice President, said job creation was at the heart of the current administration.

He said that government intended to create 3.5 million jobs in the next three years, adding that the ‘YES’ project was one of the programmes.

Mr. Imokhuede advised participants to take the ‘YES’ seriously as online courses were now popular means of job creation world wide.

Nasir El-Rufai, the Governor ok Kaduna State, said that the state was partnering with BoI on job creation.

He said that the state had been able to take controlling shares in Peugeot Automobile Nigeria with the assistance of BoI.

http://www.premiumtimesng.com/news/headlines/200306-buhari-administration-launches-n10-billion-youth-entrepreneurial-project.html

source: http://naija4web.com/Forum/viewtopic.php?f=23&t=56

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Saturday 5 March 2016 | 25 Jamadil Awal 1437 AH


2017 Scholarship Opportunities at the Medina Institute, South Africa


In its 2nd year of running the scholarship scheme, MPAC is seeking applications from interested and qualified candidates (male and female) into the prestigious Madina Institute of South Africa (www.madinainstitute.org.za). The scholarship will be a one year intensive in Ūşūl-ud-Dīn for suitably qualified Nigerian students who already have a general degree (or equivalent), in any subject.

Madina Institute offers this ground-breaking, one year intensive Ūşūl-ud-Dīn (Foundational Scholarship of Islamic Sciences) programme to develop leaders who are schooled in the five foundational sciences of our Dīn.
• Qur’anic Sciences (‘Ulūm-ul-Qur’an)
• Sunnah Sciences (‘Ulūm -ul-Hadῑth, Sῑrah, Shamā’il)
• Jurisprudential Science and its Foundation in the four Madhāhib/Schools of Thought (‘Ulūm-ul-Fiqh wal Uşūl)
• Islamic Creed, Philosophy and Logic (Imāniyyāt /‘Ilm-ul-Aqīdah wal Mantiq)
• Spiritual Sciences and Purification of the heart (‘Ilm-u-Tazkiyah wal Ihsān)
There will also be a daily Intensive in the Arabic language to enable students negotiate classical texts (‘Al-Lughāt-ul-Arabiyyah)
MPAC is providing these scholarship positions to enable the graduates of the programme to become well-rounded positive contributors to the Nigerian society, and world at large.

If you are already working and wish to take a year break to study the Dīn, or you wish to spend a year on this interesting journey before starting a career, please email your CV to scholarship@mpac-ng.org with a brief introduction of yourself and why you want the study. Only shortlisted applicants will be contacted for interviews. Application closes on 25/03/2016, in shaa Allah.

Link: http://mpac-ng.org/specialtopic/771-2017-scholarship-opportunities-at-the-medina-institute-south-africa.html
source: http://naija4web.com/Forum/viewtopic.php?f=33&t=53