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Promoting entrepreneurship – The Nation News Nigeria

Promoting entrepreneurship

The Lagos State government is working with the National Social Investment Programme (NSIP) to promote employment and entrepreneurship, DANIEL ESSIET reports.



To close Nigeria’s skills deficit and increase employability, a range of policies and strategies have been put in place to facilitate job creation and entrepreneurship.

For example Lagos State is promoting upskilling, entrepreneurship and job creation  with the Federal Government and the private sector through  the Fedral Government’s National Social Investment Programme (NSIP) created in 2016.

The NSIPprogrammes include the Government Enterprise & Empowerment Programme (GEEP) scheme and the N-Power (Nigeria).

The Lagos Commissioner for Wealth Creation and Employment, Mrs Yetunde Arobieke said the problem requires more commitment to investing in youths and women to ensure that they have a prominent place in this country’s future.

Under a partnership with the Ministry of Humanitarian Affairs, Disaster Management and Social Development, which warehouses NSIP’s intervention programmes, Mrs  Arobieke said efforts were made to ensure access to unlock economic opportunities to forge stronger, more sustainable and inclusive growth.

Under NSIP, Mrs Arobieke said small businesses in the state have benefited from the GEEP scheme.

GEEP, a micro-lending investment programme, the commissioner noted, had helped to change the lives of youths and women.

She said the Bank of Industry (BoI) has made disbursements to Micro Small and Medium Enterprises (MSMEs) in Lagos under the GEEP scheme.

She explained that support had been given to small and medium-sized enterprises (SMEs) and would-be entrepreneurs.

Targeting Nigerians between 18 and 35, she said, youths in the state had benefited from the N-Power (Nigeria) programme.

The N-Power, she maintained, provides young Nigerians with job training and education, awhile they get a stipend of N30, 000.

The Conditional Cash Transfer (CCT) supports the most vulnerable by providing cash to them.

According to her, the impact of NSIP’s intervention programmes has helped in rebuilding rural economy.

In addition, she said her ministry is developing a data infrastructure that would collect specific data about youth employment and entrepreneurship.

The Assistant Director, Research and Statistics, Ministry of Humanitarian Affairs, Disaster Management and Social Development, Mrs Jumai Ali said with NSIP, Nigeria has strong potential to develop.

According to her, decent work is as an indispensable driver of sustainable development with the potential to lift households and communities out of poverty, adding that the NSIP managed by Ministry of Humanitarian Affairs, Disaster Management and Social Development, is  focused on find sustainable, long-term solutions to the massive challenges affecting Nigerians.

She reiterated that so much had been done to get many people empowered with skills and knowledge with which they would earn a living.

She said the CCT programme supports those within the lowest poverty bracket by improving nutrition.

She said the Federal Government hasdengaged 5000 independent monitors to verify disbursements made to Nigerians under the National Social Investment Programme (NSIP). Of this, 195 monitors were selected from Lagos. The monitors have begun a two- week training programme.

Also, a Unified National Social Register is to be inaugurated that will provide a database of government intervention programmes, including the list of beneficiaries nationwide.

She said monitors had been assigned to monitor beneficiaries in their schools, households and market clusters with the focus of ensuring that the primary objectives of the programmes were achieved.

She announced that the government would be working with the Economic and Financial Crime Commission (EFFC), Independent Corrupt Practices and Other Related Offences Commission (ICPC) and security agencies to monitor against in malpractices.


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