The Vice Chancellor, Ibrahim Badamasi Babangida University, Lapai, Professor Abu Kasim Adamu has flagged off entrepreneur training at the University’s Entrepreneurial Development Institute at the main campus, Lapai.
The Vice Chancellor who thanked the Nigeria Incentive-Based Risk Sharing system for Agricultural Lending (NIRSAL) for granting the University the permission to train prospective entrepreneurs, equally congratulated the participants for being pioneer trainees.
He advised them to take the training serious in order to manage their businesses very well and to be able to pay back their loans comfortably to pave way for other beneficiaries.
Professor Adamu appreciated the Federal Government for initiating the programme which, according to him, will reduce the level of unemployment, insecurity and other social vices among the youths.
He assured the University’s Centre for Innovation and Entrepreneurial Development (CIED), the Consultancy Services Unit and the trainers of the maximum support of the Management in the success of the programme.
Earlier in a welcome address, the Director, Centre for Innovation and Entrepreneurial Development, Dr. Ibrahim Abubakar Sadeeq Gudugi traced the history of the Entrepreneur Development Institute to an application written to the Central Bank by predecessor, and supported by the University Management.
He disclosed that shortly after the portal was opened, about One Hundred and twenty prospective entrepreneurs indicated interest for the training, with only about thirty of them qualified to form the first batch.
The Director however assured other applicants that the training is a continuous one and would be part of it, having fulfilled the conditions for qualification.
Dr Gudugi stressed that the training which covers basic management techniques, will last for five days after which the certificate issued can be used to access loan from the Nigeria Incentive-Based Risk Sharing system for Agricultural Lending (NIRSAL) Micro finance Bank.
Giving a closing remarks, the Director, Consultancy Services Unit, Malam Suleiman Liman that led the Vice Chancellor and other members of the University Management team for honouring the invitation to grave the event.
He disclosed that similar packages from the Federal Government aimed at improving the lives of the people are being gathered to be package for the the University beneficiaries.
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc.) is a US$500million Non-Bank Financial Institution wholly-owned by the Central Bank of Nigeria (CBN) created to Redefine, Dimension, Measure, Re-Price and Share agribusiness-related credit risks in Nigeria.