The Anambra State Procurement Boss Chief Sir Melie Onyejepu has stated that skills and leadership development is an important component of youth employment and poverty reduction. Youth leadership development can contribute to lifting individuals out of poverty by improving access to work, increasing productivity, and fostering sustainable economic growth.
According to Chief Melie Onyejepu, skills development can occur in formal, informal, and on-the-job settings. These trainings should help individuals become fully and productively engaged in the various employment opportunities or job creation. The trainings should reflect the changing demands and opportunities of the community’s economy and labour market at large which is aims to help build the local economy of the State.
He noted that there is a need for providing microloans, millions of struggling individuals with no credit history, collateral, or steady income can get access to basic ﬁnancial services. These small, low-interest loans provide seed money to start, sustain, or expand an income-generating business venture.
Micro loan Programme will be beneficial especially for women, in both rural and urban communities. Entrepreneurs in rural communities may borrow money for poultry acquisition or dairy farming, agricultural cultivation, bamboo making, weaving, setting up small retail shops in their homes, and so on. Entrepreneurs in urban areas use micro loans, for example, to become street vendors, rickshaw drivers, or tailors.
Speaking further, the Procurement Boss expressed joy that “majority of Ndị Anambra appreciate His Excellency Chief Dr Willie Obiano and understand what he is doing for the State, described Anambrians as those who always put their shoulder to the wheel.
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