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Speaker Lauds BACYWORD For Promoting Entrepreneurship In Bauchi
Speaker of the Bauchi State House of Assembly has lauded the initiatives and interventions of Bauchi State Commission for Youth and Women Rehabilitation and Development (BACYWORD) in promoting entrepreneurship in Bauchi State.
He was speaking during the closing ceremony of a 5-day training for participants under AGSMEIS/NIRSAL loan and entrepreneurship scheme organized by the Commission in Bauchi on Friday.
The Speaker, who described entrepreneurship as the most viable way to boost the economy of the State, lamented that people lack capital and funding to start-up businesses or improve existing ones.
“This AGSMEIS/NIRSAL loan and entrepreneurship will definitely help many people in Bauchi State to create and improve businesses and occupations.
” I hope that the participants will make use of what they learnt here so as to enhance their businesses, mentor and train others so as to help in reviving the economy of the State.
“I so much cherish entrepreneurship and I have been assisting and providing support to engage in it even before I join politics because this is the most effective way to help the well being of people,” The Speaker said.
The Speaker who distributed certificates of participation to the participants urged them not to misuse the loan when accessed by making spendings on non-profitable ventures because the loan is meant for entrepreneurship and is not free as erroneously perceived in some quarters.
Rt. Hon. Abubakar Suleiman stressed the need for economic diversification by all and sundry in the State due to the fact that the Government cannot provide everything.
He commended Governor Bala Mohammad for supporting the initiative and many economic revival policies in Bauchi State which he described as unprecedented.
Speaker Abubakar Suleiman urged the Chairman of the Commission maintain the tempo of helping Governor Bala Mohammad in achieving his economic goals pledging that Bauchi State House of Assembly we remain supportive to the initiatives of the Commission and the Executive Arm of Government in salvaging the economic situation of the State.
Speaking earlier, the Chairman of the Commission Alhaji Tanko Yusuf Dutse told the Speaker that the entrepreneurship support programme is an effort by CBN aimed at addressing the worrisome phenomenon of unemployment in Nigeria by building the capacity of the youths/women and funding their business ideas.
Participants during the Training
According to him, the programme is aimed at equipping many people with the requisite skills and knowledge to be self-employed by starting and managing their own businesses and participants ware drawn from talented aspiring entrepreneurs between the ages of 18 and above, with innovative ideas.
He thanked the Speaker for honouring the event and the support of Bauchi State House of Assembly to the Commission and to Governor Bala Mohammad.