WEMA Bank, FG Partner To Empower 2 Million Youths, 1 Million MSMEs Nationwide

September 18, 2023

WEMA Bank and the Office of the Vice President have unveiled plans to launch the FGN/ALAT Digital Skill-Novation Programme, set to impact 2 million youths and empower 1 million Micro, Small, and Medium Enterprises (MSMEs) across Nigeria.

During a courtesy visit to the Vice President’s office, Sen. Kashim Shettima, the Vice President, expressed his appreciation for the bank’s commitment and partnership in this initiative, stating, “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.”

Join our WhatsApp Channel

The Managing Director of WEMA Bank, Mr. Moruf Oseni, further elaborated on their progress in the implementation of the program, emphasizing the bank’s dedication to the success of the initiative.

He said, “Mr. President came out with a very bold and audacious plan on how to revive the Nigerian economy. The banks are key players, and we will do 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.”

READ ALSO: Tinubu, Ramaphosa Seek Economic Reforms, Stronger Ties

Mr. Temitola Adekunle-Johnson, the Senior Special Assistant to the President on Job Creation and MSMEs, stressed the importance of public-private collaboration, stating, “There is power in partnership.

The 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.”

The FGN/ALAT Digital Skill-Novation Programme is scheduled for a formal launch by the Vice President on September 29th at the State House Banquet Hall in Abuja.

In attendance at the meeting were Mr. Tunde Mabawonko, Executive Director of WEMA Bank; Mr. Bamidele Adefemi, Head of Federal Public Sector; and Mr. Chioma Onuaguluchi, Regional Executive, Abuja.

 

emmmmmm
+ posts

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Previous Story

Tinubu, Ramaphosa Seek Economic Reforms, Stronger Ties

ADF Approves $20 Million Grant To Boost Mozambique's Economy
Next Story

ADF Approves $20 Million Grant To Boost Mozambique’s Economy

Featured Stories

Latest from Business

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has retained the monetary policy rate (MPR), the benchmark for interest rate, at N27 percent. Key Decisions: At the end of the 303rd MPC meeting held on November 24th &
UBA FY 2024: Profit Rises To ₦766.6 billion, Declares N3.00 Kobo Final Dividend

UBA’s Pretax Profit Declines After 77% Drop In Net FX Income

In the first nine months (9m) of 2025, United Bank for Africa (UBA) grew its gross earnings by 2.95 percent to N2.46 trillion, surpassing the N2.39 billion generated in the same period in 2024. According to the company’s interim unaudited consolidated financial
Previous Story

Tinubu, Ramaphosa Seek Economic Reforms, Stronger Ties

ADF Approves $20 Million Grant To Boost Mozambique's Economy
Next Story

ADF Approves $20 Million Grant To Boost Mozambique’s Economy

Don't Miss

Customs Arrest Five Smugglers With Contraband Goods Worth ₦116 Million

Customs Arrest Five Smugglers, Seize Goods Worth ₦116 Million

NIGERIA Customs Service NCS, Unit Area Controller, Hussein Kehinde
9mobile Rolls Out Special Roaming Offer For Nigerian Hajj Pilgrims

9mobile Set To Host 2023 Channel Partners Conference 

9mobile is set to host the 2023 edition of its