Business
Fidelity Bank, UBA, others partner YOTSI’s “Fund-Yes”
Fidelity Bank, UBA, Union, FirstBank and other corporate bodies are set to partner “Fund-Yes”, a multifaceted entrepreneur financing programme for youths and women in Africa.
It is a project anchored by Youths off the Street Initiative (YOTSI), a non-governmental organization (NGO) founded and chaired by Comrade Kennedy Iyere, a renowned humanitarian activist and high-profile social entrepreneur.
The official unveiling of “FUND-YES” was conducted at Merit House in Abuja by Comrade Kenneth Robinson, who is the National Organizing Secretary of Pan Niger Delta Forum (PANDEF) and also the Spokesperson of the Southern and Middle Belt Leaders Forum (SMBLF).
Speaking at the unveiling ceremony, Comrade Iyere said he was prompted to create “FUND-YES” out of the existing urgency to address the worrisome factors of high youth unemployment and extreme household economic poverty in Nigeria, as well as the social and economic security threats that associate with these factors.
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“With extreme poverty deepening on daily basis and the gap of youth unemployment widening on daily basis, Nigeria is fast drifting towards political collapse, if these factors are not addressed, as a matter of critical social and economic emergency. Nigeria is sitting on a Keg of Gunpowder because angry and frustrated youths will sooner than later hijack the country and push Nigeria to a point of political disintegration.
According to him, “FUND-YES” will exist and provide a social and economic vehicle for mass employment generation, wealth creation and poverty eradication among youths and women through multisectoral entrepreneurships.
He said top banks including Union Bank, Fidelity Bank, First Bank and United Bank for Africa (UBA) are set to partner with “FUND-YES” while two other banks are also willing and ready to join the above list of the partnering banks.
According to Iyere, the entrepreneurship financing programme will take off with 250,000 beneficiaries and then 750,000, which means a total of One Million Beneficiaries for a start.
Fidelity Bank, UBA, Union, FirstBank and other corporate bodies are set to partner “Fund-Yes”, a multifaceted entrepreneur financing programme for youths and women in Africa.
It is a project anchored by Youths off the Street Initiative (YOTSI), a non-governmental organization (NGO) founded and chaired by Comrade Kennedy Iyere, a renowned humanitarian activist and high-profile social entrepreneur.
READ ALSO: Ebonyi 2023: Umahi using insecurity as rigging tool –Comrade Iyere
The official unveiling of “FUND-YES” was conducted at Merit House in Abuja by Comrade Kenneth Robinson, who is the National Organizing Secretary of Pan Niger Delta Forum (PANDEF) and also the Spokesperson of the Southern and Middle Belt Leaders Forum (SMBLF).
Speaking at the unveiling ceremony, Comrade Iyere said he was prompted to create “FUND-YES” out of the existing urgency to address the worrisome factors of high youth unemployment and extreme household economic poverty in Nigeria, as well as the social and economic security threats that associate with these factors.
“With extreme poverty deepening on daily basis and the gap of youth unemployment widening on daily basis, Nigeria is fast drifting towards political collapse, if these factors are not addressed, as a matter of critical social and economic emergency. Nigeria is sitting on a Keg of Gunpowder because angry and frustrated youths will sooner than later hijack the country and push Nigeria to a point of political disintegration.
According to him, “FUND-YES” will exist and provide a social and economic vehicle for mass employment generation, wealth creation and poverty eradication among youths and women through multisectoral entrepreneurships.
He said top banks including Union Bank, Fidelity Bank, First Bank and United Bank for Africa (UBA) are set to partner with “FUND-YES” while two other banks are also willing and ready to join the above list of the partnering banks.
According to Iyere, the entrepreneurship financing programme will take off with 250,000 beneficiaries and then 750,000, which means a total of One Million Beneficiaries for a start.
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