**Vice President Shettima praises plan to further empower 1 million small and medium-sized businesses**
In furtherance of its promise to support the job creation agenda of the Tinubu administration, WEMA Bank, in partnership with the Office of the Vice President, has concluded arrangements to commence an initiative that will impact 2 million youths and 1 million Micro, Small, and Medium Enterprises (MSMEs) across the country. This comes as a furtherance of WEMA Bank’s earlier pledge to support the job creation agenda of the Tinubu administration.
Sen. Kashim Shettima, Vice President of Nigeria, got an up-to-date report on the program on Monday during a courtesy visit by the Managing Director of WEMA Bank, Mr. Moruf Oseni. Sen. Shettima praised the commitment and participation of the bank for the project, and he thanked Mr. Oseni for his hospitality.
The purpose of the delegation’s visit to the Villa was to brief the Vice President on the progress made in the implementation of the FGN-ALAT Digital Skill-Novation Programme. This program is an initiative of a partnership between the Federal Government and WEMA Bank, and its goal is to train 2 million youths and empower 1 million Micro Small and Medium Enterprises (MSMEs) across Nigeria.
The Vice President of the bank stated in regard to the assistance and commitment of the bank in the execution of the program, “I shall call on you to be above board. You run an efficient and effective business. I want to express my deepest gratitude to you for taking the initiative and committing to this endeavor. Please be assured that we will live up to our end of the agreement.
In a later interview with State House correspondents, the Managing Director of WEMA Bank, Mr. Moruf Oseni, stated that they were in the Presidential Villa to brief the Vice President on “how far we have gone on the FGN/ALAT project.” Moruf Oseni was quoted as saying “how far we have gone on the FGN/ALAT project.” The Vice President was very pleased, and his office will be in touch with you shortly to let you know how we plan to move forward with this program. One component of this is to assist in the development of innovation centres for us across the country.
“Mr. President of Nigeria came out with a very daring and audacious strategy on how to resuscitate the economy of Nigeria. We recognize the importance of the banking sector and will do everything in our power to make this a reality. If the economy of Nigeria improves, the nation’s financial institutions would too. The administration of Mr. President is doing an excellent job, and we stand behind it one hundred percent.
As for Mr. Temitola Adekunle-Johnson, he is the Senior Special Assistant to the President on Job Creation and MSMEs. In his remarks, he stressed the value of working together, saying that “there is power in partnership.” When it comes to helping people, collaboration between the public and private sectors almost always results in more being accomplished. The ‘Renewed Hope’ initiative that Mr. President is pushing for cannot be completed by the government or the private sector on their own since it requires the participation of everyone.
“As a result, we investigated the private sector in great detail to determine the ways in which companies may genuinely play a part in the solution. In the first place, they gave their word that they would collaborate with us on the cultivation of skills as well as other components of the program that we want to put into action.
The FGN/ALAT Digital Skill-Novation Programme will have its official launch on September 29 at the State House Banquet Hall in Abuja. The ceremony will be presided over by the Vice President.
In addition, Mr. Tunde Mabawonko, Executive Director of WEMA Bank, Mr. Bamidele Adefemi, Head of Federal Public Sector, and Mr. Chioma Onuaguluchi, Regional Executive, Abuja, were present at the meeting.
The name “Olusola Abiola”
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The office of the Vice President of the United States
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