Ekiti State gives 229 youths self-employment loan

TWO hundred and twenty nine youths who graduated from the Ekiti State Enterprise Development (EEDA) and the National Directorate of Employment (NDE) schemes have been given N22.9m interest free loan to start their own businesses.

Ekiti State Deputy Governor, Mrs. Funmi Olayinka who disclosed this yesterday, implored the youths to engage in self-employment activities rather than roam the streets after graduation to look for white collar jobs which are no longer readily available.

She explained that the EEDA is standing as guarantor for the loan under the Rural Agricultural Development Training Scheme of the NDE in Ado-Ekiti.

According to her, the idea of training the youths was conceived to address the problem of unemployment among the youths and it focuses on the Rural Agricultural Development Training Scheme of the NDE.

She added that the programme was both critical and timely to poverty eradication across the country and particularly in Ekiti, especially as it is in tandem with the eight-point agenda which the Fayemi-led government put in place to curb poverty.

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-Latest Nigeria News, Ekiti State