Monday, August 11, 2025
22.5 C
Lagos

2,659 Compete as NNPC Foundation Unveils Business Opportunities for Youth Corps Members

A total of 2,659 members of the National Youth Service Corps (NYSC) across Nigeria have been pre-qualified for the final phase of the NNPC Foundation Business Pitching Exercise.

Billed to hold from July 2nd to 10th, 2024, the exercise is an integral part of the NNPC Foundation’s Financial Literacy Program for Nigerian youths that witnessed the engagement of over 284,000 corps members, who underwent rigorous training and assessments.

Speaking on the exercise, the Managing Director of NNPC Foundation, Mrs. Emmanuella Arukwe said the selection criteria will focus on the feasibility and sustainability of the business idea, market relevance, competitive edge and innovation, scalability, potential impact on the community and the entrepreneurial spirit of the corps members.

“We have identified these 2,659 individuals who are ready to present their business ideas to a distinguished panel of assessors,” Arukwe stated.

Arukwe informed that the Financial Literacy Program is aligned with the NNPC Foundation’s mission of equipping young Nigerian graduates with necessary skills for personal and professional development.

“By educating corps members on financial management and entrepreneurship, the program aims to empower them to become economically self-sufficient and to contribute positively to society,” she added.

During the pitching exercise, projects that standout will receive startup packs, business advisory services, and opportunities to scale their ventures.

In a related development, the management of NNPC Foundation has facilitated a significant 50% reduction in the registration fee for corps members’ businesses with the Corporate Affairs Commission (CAC).

The NNPC Foundation is the Corporate Social Responsibility arm of NNPC Limited. Its initiatives focus on enhancing Nigeria’s socio-economic development through targeted interventions in education, health, the environment, access to energy and youth empowerment to foster economic empowerment, promote entrepreneurship, and support sustainable development across the nation.

spot_img
spot_img

Hot this week

UBA Group Chair, Tony Elumelu, Seeks Critical Measures to Drive Africa’s Development

L-R: President, Central African Republic, Faustin-Archange Touadéra and Group...

148 Nigerians Win ₦23m in Stanbic IBTC’s Reward4Saving Season 4 Promo

Stanbic IBTC Bank has successfully enhanced the financial well-being...

NCC Hosts National Broadband Mapping System in Abuja

L-R: Project Manager, Africa-BroadBand (BB) Maps, International Telecommunication Union (ITU),...

Sterling Bank Names First Beneficiaries of ₦2B ‘Beyond Education’ Fund

Sterling Bank, Nigeria’s leading financial institution, has announced the...

Former CFI of NAICOM, Sunday Thomas, to Chair NAIPE 2025 Conference

The Nigerian Association of Insurance and Pension Editors (NAIPE)...

Topics

DANGCEM Drags Benchmark Index … NSE ASI Down 1.2%

The positive performance recorded on the last trading day...

March Headline Inflation Surges to 12.8%, 44-Month High

The National Bureau of Statistics (NBS) released the Consumer...

Sovereign Trust Insurance Celebrates Customer Service Week 2024

The Customer Service Week of Sovereign Trust Insurance Plc...

DPI, Verod Capital Backs Pan African Towers, a Leading Nigerian Digital Infrastructure Provider

Azeez Amida CEO of Pan African Towers Pan African Towers (PAT),...

Stanbic IBTC’s Adopt-A-School Initiative Enhances Education at Waziri Primary School, Niger State

Stanbic IBTC Holdings has successfully completed the renovation of...

KBL Insurance at the 2025 CIIN Insurance Week

A group photograph of KBL Insurance Limited staff and...

Stanbic IBTC Bank Appoints Sola David-Borha as Board Chairman

The Board of Stanbic IBTC Bank Plc has announced...

ETA-Zuma Plans 300 MW Coal-fired Plant in Nigeria

Miner ETA-Zuma announced it plans to build a 300...
spot_img

Related Articles

Popular Categories

spot_imgspot_img