The Niger Delta Development Commission (NDDC) has announced a N30 billion fund aimed at fostering young entrepreneurship in the Niger Delta region.
In a statement released on Saturday, the NDDC revealed that the funds will be channeled through the Niger Delta Chamber of Commerce, Industry, Trade, Mines, and Agriculture (NDCCITMA) to support the growth and development of young entrepreneurs in the region.
NDDC Managing Director, Dr. Samuel Ogbuku, disclosed this during a recent interview.
He emphasized the Commission’s dedication to empowering youths through economic initiatives, including training and support for Small and Medium Enterprises (SMEs).
Supporting Genuine Businesses
- Dr. Ogbuku underscored the importance of verifying and documenting support for genuine businesses, noting that while the government cannot employ everyone, it is committed to creating an enabling environment for entrepreneurship.
- He also spoke about the NDDC Youth Internship Scheme, which aims to provide practical skills by connecting youths with organisations for on-the-job training.
“The consultant managing the application process is working to streamline entries and ensure a coordinated launch of the various skill areas by January 2025,” the statement added.
According to the NDDC, successful applicants will be notified soon.
The initiative said to be is designed to foster economic growth and peace in the Niger Delta by engaging youths in meaningful ventures and promoting entrepreneurship through structured support from NDCCITMA.
