Addressing Youth Unemployment Through Entrepreneurship Training
In an effort to address the growing issue of youth unemployment and promote long-term economic sustainability, the National Directorate of Employment (NDE) has taken significant steps in Ekiti State. The initiative involved training a group of 253 young people in entrepreneurship and business management skills. This program was designed to empower the youth with practical knowledge that can help them become self-reliant and contribute meaningfully to the economy.
The training, titled “Entrepreneurship Development Training (EDT),” took place in the Irepodun/Ifelodun Local Government Area of Ekiti State. Over the course of one week, participants engaged in a series of interactive sessions aimed at building their entrepreneurial capabilities. The program was led by experienced professionals from the field of small business development, who provided hands-on guidance to help trainees turn their ideas into viable business ventures.
During the launch of the program, the Director General of NDE, Silas Ali Agara, emphasized the importance of equipping the youth with relevant skills in entrepreneurship and business management. He stated that the initiative was part of a broader strategy to foster self-reliance and drive economic growth. Although he was represented by the NDE State Coordinator, Orelusi Michael Omoniyi, his message remained clear: the training was intended to open new pathways for young people in the state.
The curriculum covered several essential modules, including business planning, financial management, opportunity identification, and enterprise sustainability. These components were carefully chosen to ensure that participants could develop a comprehensive understanding of what it takes to run a successful business. The DG also reiterated NDE’s commitment to reducing unemployment through initiatives like this, highlighting the role of entrepreneurship in fostering wealth creation.
He encouraged the participants to apply the knowledge they gained during the training to start and grow their own businesses. According to him, youth entrepreneurship is not just about creating jobs but also about driving inclusive economic growth across Ekiti State and the nation as a whole.
Representatives from Femiboyede Consulting Limited, including Chief Femi Boyede, praised the participants for their dedication and enthusiasm throughout the program. They emphasized that sustained learning, discipline, and innovation are crucial for long-term success in the business world. Their words resonated with many of the trainees, who expressed gratitude for the opportunity to learn and grow.
Several beneficiaries shared their experiences after the training, commending NDE and the facilitators for the valuable insights they received. They noted that the program had broadened their entrepreneurial mindset and positioned them to become job creators rather than job seekers. In addition, they requested that NDE consider providing them with the necessary tools and equipment to start their own businesses.
Key Takeaways from the Training
- The program focused on equipping youths with practical skills in entrepreneurship and business management.
- Participants were exposed to modules such as business planning, financial management, and opportunity identification.
- Experts from the Small Business Development sector facilitated the training.
- The initiative aims to reduce unemployment and promote economic growth through youth-led enterprises.
- Trainees expressed appreciation for the knowledge gained and requested further support to launch their ventures.