ADELDI debuts with an entrepreneurship summit in Borno

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ADELDI debuts with an entrepreneurship summit in Borno

M.A Ibrahim

The main goal of this project is to combat violent extremism and youth unemployment through youth entrepreneurship, agriculture, and Information, Communication and Technological engagement with the youths in Nigeria.

A newly registered not for profit organization known as Amina Dikwa Entrepreneurship and Leadership Development Initiative (ADELDI) was launched in Maiduguri to provide entrepreneurship training and leadership values to youths across the state on the 15th October,2018 IN Maiduguri. The Initiative was launched together with an entrepreneurship summit that witnesses the presence of numerous participants drawn from IDPs, residents, students from both sexes.

Dr. Abubakar Mohammed Sani,Chairman of the Board of Trustees of ADELDI said that ADELDI was set up to address youth unemployment and provide good value systems. “Our people are gradually becoming docile and indolent because of the free money they are getting from INGOs and politicians. The few who don’t want to beg or are not receiving this largess from the INGOs and the politicians don’t have access to capital to start small businesses or expand existing ones. This is why Dr. Mohammed Kyari Dikwa believes that it is high time we come up with this Initiative to address this societal malaise. Entrepreneurship is the surest way out of poverty and lack. The Initiative was named after Amina Dikwa to honor the late mother of Dr. Mohammed Kyari Dikwa who is also the Chairman of the Advisory Board of ADELDI.”

“Friends and associates of Dr. M.K Dikwa decided to team up together and set up this Initiative to provide support to our youths who are mostly hopeless,dejected and are now being taken over by drug addiction and bad politicians,” said Dr. Sani.

Some participants at the events in a group photo

Keynote Speaker of the entrepreneurship summit which was themed, Latest Trends and Innovations in Entrepreneurship in Borno, Dr. Bukar Kyari said that youths in Borno must embrace innovative entrepreneurship skills and strategies to lift the state out of poverty and unemployment by making use of good business canvas models.

Professor Isa Hussaini Marte admonished the participants to be disciplined and committed if they want to succeed as entrepreneurs because starting a small business requires hard work and discipline.

An entrepreneur and youth leader from Adamawa state who is the Chairman of Biyasina Ventures spoke on the issue of women in entrepreneurship and advised women on how and why they should start small businesses. She later provided free consultation to the participants.

Mr. Markus Njidda, State Team Lead of the EU’s Nigeria Policing Programme spoke on the psychology of the entrepreneur and shared his personal experience as an entrepreneur spanning over 20 years in Borno.

The main goal of this project is to combat violent extremism and youth unemployment through youth entrepreneurship, agriculture, and Information, Communication and Technological engagement with the youths in Nigeria.
Our objective is to raise 3000 entrepreneurs in Borno, Adamawa and Yobe states who will in-turn employ at least three people to work under them. We also intend to give business support and loans to at least 1500 small businesses to expand their businesses.

Specific Objectives of the project are as follows:

 

  1. Within 12 months enhance entrepreneurship skills of young people through entrepreneurship training, mentoring, and business internship.
    2. Within 12 months empower young entrepreneurs with start-up capitals to enable them establish, run and manage sustainable enterprises.
    3. Increase access to financial support for young people, through linkages to investors, credit banks, and other micro-finance houses for start-up capital and business growth/expansion purpose.
    4. Within 12 months, reduce youth restiveness and unemployment by creating job opportunities for young people.

The Initiative has already began to help youths to access small loans from the Bank of Industry to start small businesses while those who have struggling registered existing business are receiving training on how best to grow their businesses before they will be given loans of 100,000 to 500,000 to invest and pay back t 5% interest rate.The Initiative will partner with Foundations and government agencies like the Dangote Foundation,Tony Elumelu Foundation,Development Bank of Nigeria,Bank of Industry and Federal Ministry of Trade and Investment to assist youths in Borno through entrepreneurship.

Dr. Dikwa expressed his gratitude and thanks to the Almighty God for the honor done to his late mother,Hajiya Amina Dikwa. “I should like to say that I ma happy with this honor done to my late my mother and I must commend the organizers of this Initiative for coming up with this project which has always been hidden in my mind.You see entrepreneurship is the only way we can get our youths to be meaningfully engaged.A society like ours where livelihoods had been destroyed for nearly a decade can only get back to its feet through small businesses and trade.I can consider this Initiative timely and will participate with every sense of reprehensibility,” said Dr. Kyari Dikwa who is the Director ,Special Projects at the Federal Ministry pf Finance.

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