WEMA Bank in partnership with the Office of the Vice President has concluded arrangements to commence an initiative that would impact two million youth and one million Micro, Small and Medium Enterprises (MSMEs) across the country under the FGN-ALAT Digital Skill-Novation Programme.
Vice President Kashim Shettima, who received an update report on the programme on Monday during a courtesy visit by the Managing Director of WEMA Bank, Mr Moruf Oseni, lauded the commitment and partnership of the bank.
The delegation were at the Villa to brief the Vice President on the progress made in the implementation of the – an initiative of a partnership between the Federal Government and WEMA Bank to train 2 million youths and empower 1 million Micro Small and Medium Enterprises (MSMEs) across Nigeria.
Speaking on the support and commitment of the bank in the execution of the initiative, the Vice President said: “I will call on you to be above board. You are a good organization. I want to thank you most sincerely for your initiative and commitment, be rest assured that we will fulfill our own part of the bargain.”
Speaking to State House correspondents after the meeting, the Managing Director of WEMA Bank Mr Moruf Oseni said: “We’re at the Presidential Villa to brief the Vice President on how far we have gone on the FGN/ALAT project. Vice President was very happy, and shortly you will hear from his office of how we want to progress with this programme, part of this is to help create innovation hubs across the country for us.
“Mr president came out with a very bold and audacious plan on how to revive the Nigerian economy. The banks are a key player and we will put in our best to actualize this. If Nigeria does well, the financial institutions will do well. Mr. President is 100% on track and we are totally in support of his administration.”
Also speaking, the Senior Special Assistant to the President on Job Creation and MSMEs, Mr Temitola Adekunle- Johnson, the emphasized the significance of the collaboration to create job opportunities for the youth in the country.
“There is power in partnership. Private sector and the public sector coming together can always do more for the people. Mr. President’s ‘Renewed Hope’ agenda cannot be achieved by the government or private sector alone as it requires all hands on deck.
“So, we dug deep into the private sector to see how they can actually play their own role. In the first instance they agreed to partner with us on skills acquisition and in other aspects of the scheme that we plan to implement,” he said.
The FGN/ALAT Digital Skill-Novation Programme would be formally launched by the Vice President on the 29th of September 2023 at the State House Banquet Hall in Abuja.
