Mastercard Foundation, Enterprise Centre to create 200,000 jobs - Catholic Herald
Catholic Herald
  • Home
  • Cover Story
  • Editorial
  • Archbishopric
  • News
    • Vatican News
  • Homily
  • Kids &Teens
  • Gallery
    • Gallery
No Result
View All Result
Catholic Herald
No Result
View All Result
Home Uncategorized

Mastercard Foundation, Enterprise Centre to create 200,000 jobs

By Constaincia Uruakpa

by admin
October 16, 2021
in Uncategorized
0
516
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Mastercard Foundation has partnered with Enterprise Development Centre EDC, Pan-Atlantic University, to train, as well as create 200,000 jobs for Nigerian youths, in the next five years. Disclosing this on Monday, in Lagos, Mr. Peter Bankole, Director, EDC, Pan-Atlantic University said through the partnership, Nigerian youths will be trained and supported with resources. He said, “As we train and build their capacity, we will equally support them, and at the end of the day, they will create at least another 200,000 jobs.” He said that the programme is open to all, and is primarily focused on Lagos, Kano, and Kaduna States. He said: “Through this programme, 40,000 young people will be supported with the resources and learning required for starting, growing, and expanding their businesses, every year for the next five years.

“The programme will also provide support and resources to young people, who want to become employable in the creative and agricultural sectors.” Bankole disclosed that Sterling Bank is one of the key partners of the programme, as he added that the Lagos State Employment Trust Fund will provide financing for those in Lagos, at nine percent interest rate per annum. According to Chidinma Lawanson, Country head, Mastercard Foundation in Nigeria, the initiative will prepare and enable young people to pursue their aspirations, as well as create productive livelihoods for themselves and others. She said: “We at Mastercard Foundation are very strong on capacity building and financial inclusion. So, we have had interventions across more than 100 countries, but in 2016, when we clocked 10 years, we restrategized internally, to come up with what we called Young Africa Works strategy, which is unlocking employment and entrepreneurship opportunities for 30 million young Africans by the year 2030.

Share206Tweet129Share52
admin

admin

  • Trending
  • Comments
  • Latest

The 12 Articles of the Creed

June 14, 2021

Examination malpractices: Who is to blame?

July 10, 2021

Act right, don’t be part of those destroying the world today!

June 14, 2021

Agenda for in-coming Lagos State Governor

0

Fathers And The Omugwo Train

0

Married Pentecostal Pastor Set To Become Catholic Priest

0

New successor of St. Peter: Meet Pope Leo XIV

May 12, 2025

Priestly dignity: JDPC Director advocates supportive environment

May 12, 2025

Workers’ Day: A stark reality of economic hardship

May 12, 2025
Catholic Herald

© 2024 | Xebrian

Navigate Site

  • Home
  • Mixed Grill
  • Interview Section
  • Spirituality
  • Sports
  • Health
  • Technology
  • Gallery
  • Back Page
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Cover Story
  • Editorial
  • Archbishopric
  • News
    • Vatican News
  • Homily
    • Spirituality
  • Mixed Grill
  • Interview Section
  • Sports
  • Technology
  • Health
  • Kids &Teens
  • Gallery
    • Gallery
  • Back Page
  • Contact

© 2024 | Xebrian