The NNPC Foundation has pre-qualified 2,659 National Youth Service Corps (NYSC) members from across Nigeria for the final phase of its Business Pitching Exercise.
This exercise is part of the NNPC Foundation’s Financial Literacy programme, which has engaged over 284,000 corps members in rigorous training and assessments.
According to a statement by Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd, the exercise will take place from July 2 to 10, 2024.
This initiative is designed to equip young Nigerian graduates with essential skills for personal and professional development.
Mrs. Emmanuella Arukwe, Managing Director of the NNPC Foundation, outlined the selection criteria, which include the feasibility and sustainability of the business idea, market relevance, competitive edge and innovation, scalability, community impact, and the entrepreneurial spirit of the corps members.
“We have identified these 2,659 individuals who are ready to present their business ideas to a distinguished panel of assessors,” Arukwe stated.
The Financial Literacy Programme aims to empower corps members by educating them on financial management and entrepreneurship, helping them become economically self-sufficient and contribute positively to society.
During the pitching exercise, outstanding projects will receive startup packs, business advisory services, and opportunities to scale their ventures.
Additionally, the NNPC Foundation has facilitated a 50 percent reduction in the registration fee for corps members’ businesses with the Corporate Affairs Commission (CAC).
The NNPC Foundation is the Corporate Social Responsibility arm of NNPC Limited, focusing on enhancing Nigeria’s socio-economic development through targeted interventions in education, health, the environment, access to energy, and youth empowerment.
These initiatives aim to foster economic empowerment, promote entrepreneurship, and support sustainable development across the nation.
Subscribe to National Updates for more News
