In support of Federal Government’s efforts towards addressing youth unemployment, the Bank of Industry (BOI) is to provide financial support to one million Nigerian youths with innovative business ideas, to help them become entrepreneurs instead of job seekers.
At a news briefing in Lagos, the Acting Managing Director of BOI, Waheed Olagunji, said that under the initiative known as “Youths Ignite Project”, beneficiaries between 18 and 35 years of age would receive funding continuously for five years.
Correspondent Innocent Onoh was there and now reports.
A big lie!BOI preferred given such loans to private financials institutions such as microfinance banks and relevant institutions that have tied with individuals within the banking industries with a heavy system of getting such loans.
They always makes it on papers for media coverage that’s all.