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ITF, NIPC To Boost Women, Youth Entrepreneurial Capacity

ITF-DGThe Industrial Training Fund, (ITF) and the Nigeria Investment Promotion Council, (NIPC), said both agencies are set to sign a memorandum of understanding that will facilitate the training and development of women and youth entrepreneurs in the country.
This development is coming even as the ITF said it was set to host the first ever National Skills Summit that will revive the manpower sector of the nation’s economy andchange the face of training, skills development, job creation and entrepreneurship for Nigeria.
Director General and Chief Executive of the Industrial Training Fund, (ITF), Dr. Mrs. Juliet Chukkas-Onaeko, made this disclosure while receiving the Executive Secretary of the Nigerian Investment Promotion Council, (NIPC), Mr. Uju Hassan Baba in Abuja.
unnamed-1NDIC MD/CE Alh. Umaru Ibrahim (centre) presenting the most recent in-house publications to the President / Chairman of Council of the Chartered Institute of Bankers of Nigeria, CIBN, Otunba (Mrs.) Debola Osibogun when the President paid a courtesy call on NDIC’s Senior Management with other CIBN Council Members. On Otunba (Mrs) Osibogun’s right is the CIBN 1st Vice President, Deacon Segun Ajibola while the CIBN 2nd Vice President, Dr. Uche Olowu (2nd Left) and CIBN Registrar / Chief Executive, Mr. Seye Awojobi (extreme left) look on.
NDIC MD/CE Alh. Umaru Ibrahim (centre) presenting the most recent in-house publications to the President / Chairman of Council of the Chartered Institute of Bankers of Nigeria, CIBN, Otunba (Mrs.) Debola Osibogun when the President paid a courtesy call on NDIC’s Senior Management with other CIBN Council Members. On Otunba (Mrs) Osibogun’s right is the CIBN 1st Vice President, Deacon Segun Ajibola while the CIBN 2nd Vice President, Dr. Uche Olowu (2nd Left) and CIBN Registrar / Chief Executive, Mr. Seye Awojobi (extreme left) look on.
The ITF Director General said that the agency was mindful of President Muhammadu Buhari’s disposition towards youth empowerment and job creation in order to address the unemployment challenges facing the country, pointing out that ITF has realigned some of its activities to make sure the agency is driving change in that direction.
She said capacity building for women entrepreneurs was one of the areas of focus of the ITF, noting that the Fund will also continue to train women and youths in the areas of book keeping, business decision making, and the identification of markets for products.
Pledging to broaden the synergy for general manpower development particularly in the non-oil sectors of the economy, the ITF Director General and NIPC Executive secretary further noted that the collaboration was critical to an effective local skills and manpower development that can drive the Federal Government’s economic diversification agenda.
According to the ITF director general, the agency is working with the agenda of shifting focus away from the nation’s dependence on oil revenue. She insisted with the abundant manpower deposits in the country that Nigeria can go on to become one the most industrialized nation in the world.
According to her, the ITF has put in place a business training team that can handle the training of women and youth entrepreneurs. ITF, she disclosed, has over 1,000 trainers that provide services in basically all sectors of the economy.
She further stressed the need for local skill development in other sectors of the economy that was of comparative advantage to the country. The ITF have come up with many initiatives, this aspect of empowering women is critical in our agenda as well, saying both agencies have agreed to collaborate on capacity development for women entrepreneurs along the agricultural value chain.
According to her, “the ITF will design specific capacity building programmes to meet the needs of women entrepreneurs operating along the agricultural value chain”.

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