The Nigerian Minister of Finance, Kemi Adeosun, says the country will benefit by signing up for the African Development Bank funded ENABLE YOUTH (Empowering Novel Agri-Business-Led Employment) Program.
Nigeria’s signatory to the ENABLE youth program will make the oil-rich country the third African country coming behind Cameroon and Sudan to benefit from funds under the AfDB Feed Africa initiative.
The ENABLE youth program is modelled after the International Institute of Tropical Agriculture (IITA), Youth Agripreneur (IYA) program which has seen a lot of success.
According to the Director General of IITA, Dr Nteranya Sanginga “The program is expected to create business opportunities and decent employment for 1000 young women and men along priority agricultural value chains of various enterprises (aquaculture, crops farming, marketing, processing, etc.) per state, including Abuja, the Federal Capital Territory.”
Mrs Adeosun said that she was inspired and impressed with the concept and the testimonials of the young agricultural entrepreneurs.
“We came here – IITA – to assess a project (ENABLE Youth) being considered by the Federal Government. From what I have seen today, I am extremely impressed and inspired! We should work on how we can roll out this project nationally,” the Minister said during a visit to IITA in Ibadan on 10 June.
Dr Sanginga said that the IYA model was a template that would help African countries tackle the challenge of unemployment on the continent and create wealth.
“We have tested it in IITA, Nigeria, and several countries and it is working,” he said.