Governor Ben Ayade of Cross River has said that about 200 youths in the state have been selected to undergo entrepreneurial development training, thereafter, they will receive N10 million each to start up or expand their businesses.
Governor Ayade on Tuesday, August 25, organised the initiative scheme under a partnership between the state and the Central Bank of Nigeria (CBN) through the Agro Small and Medium Enterprises Investment Scheme (AGSMIS).
Speaking further about the initiative, the governor said the scheme seeks to empower up to 3,000 youths and women between 2020 and 2023 and to stop the irregular migration out of the country.
The governor said he created the office of the Migration Control Service to ensure that youths remained in the state and access viable opportunities for a better life.
Represented by his Deputy, Prof. Ivara Esu, the governor said that many youths think life was easier outside Nigeria, prompting them to go on a dangerous journey abroad through the deserts and the Mediterranean Sea.
According to him, many lose their lives while others become slaves in such a journey. “I am happy the programme has started, 200 youths have been selected in the first phase to benefit from the training and access finance.
“I hope as time goes on, the programme will expand to accommodate more people. It is a thing of pride to own your own business.
“So, I want to encourage the youths to stop looking for white-collar jobs and start owning their businesses through which they can employ other youths thus, stemming the tide of unemployment and irregular migration,’’ governor Ayade said, represented by his Deputy, Prof. Ivara Esu.