VP Shettima applauds the endeavor to help 1 million SMEs.
In keeping with its promise to support the Tinubu administration’s job creation agenda, WEMA Bank has finalized plans to launch an initiative that will have an impact on 2 million youths and 1 million Micro, Small and Medium-Sized Enterprises (MSMEs) across the nation.
Sen. Kashim Shettima, the vice president, praised the WEMA Bank’s dedication and support for the project after receiving an update report on the program on Monday during a courtesy visit from Mr. Moruf Oseni, the managing director of the bank.
The delegation was in the Villa to update the Vice President on the status of the FGN-ALAT Digital Skill-Novation Programme, an initiative of a partnership between the Federal Government and WEMA Bank to empower 1 million Micro Small and Medium Enterprises (MSMEs) throughout Nigeria through training 2 million youths.
In response to the bank’s support and commitment to the initiative’s execution, the VP replied, “I shall call on you to act above board. You run a solid business. I genuinely appreciate your initiative and dedication, and you can rely on us to uphold our end of the contract.
The MD of WEMA Bank, Mr. Moruf Oseni, stated they were at the Presidential Villa to inform the Vice President on “how far we have come on the FGN/ALAT project” in a later interview with State House reporters. Vice President was delighted, and you will soon hear from his office about how we intend to move forward with this program, including by assisting in the establishment of innovation centres for us across the nation.
“Mr. President unveiled a really daring and bold plan to resurrect the Nigerian economy. The banks are an important role, and we will work hard to make this happen. The financial institutions would prosper if Nigeria does well. We fully support the President’s administration and believe that it is on the right course.
The Senior Special Assistant to the President on Job Creation and MSMEs, Mr. Temitola Adekunle- Johnson, underlined the value of cooperation and said that “there is power in partnership.” When the private and public sectors work together, the people may always benefit more. The ‘Renewed Hope’ objective of Mr. President cannot be accomplished by the public or private sector alone; it takes all hands on deck.
“As a result, we looked closely at the private sector to determine how it can genuinely fulfill its own responsibilities. They initially consented to collaborate with us on skill acquisition and other facets of the strategy that we intend to accomplish.
The Vice President will officially inaugurate the FGN/ALAT Digital Skill-Novation Program on September 29 at the State House Banquet Hall in Abuja.
Mr. Tunde Mabawonko, Executive Director of WEMA Bank, Mr. Bamidele Adefemi, Head of the Federal Public Sector, and Mr. Chioma Onuaguluchi, Regional Executive, Abuja, were also in attendance.
Olusegun Abiola
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