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AMCON supports 3 corps members with N1.5 million for self-employment

The initiative involves a business plan contest among corps members serving in the organisation.

• November 12, 2021
NYSC Corp members used to illustrate the story.
NYSC Corp members used to illustrate the story. [CREDIT: Twitter]

The Asset Management Corporation of Nigeria (AMCON) on Friday gave N1.5 million to three corps members to boost self-employment.

The money was given to the recipients under an entrepreneurship and empowerment programme it initiated for corps members.

Tagged the “Managing Director’s Annual NYSC Entrepreneurship Competition”, the programme involves business plan contest among corps members serving in the organisation.

At the end of the maiden edition of the initiative, three of the 15 contestants led and were presented cheques of N500,000 each, at a ceremony held at the AMCON office in Abuja.

The recipients are, Joanna Jewel Adamu (FC/21A/1265), Umar Aliyu Gosta (FC/21A/1251) and Abdulsamad Saidu Usman (FC/21A/1046).

Their proposals centred on online art and fashion business; poultry production; and technological innovation, respectively.

Speaking on the occasion, the Managing Director of AMCON, Ahmed Lawan, noted that the programme was initiated as part of efforts to reduce the high rate of graduate unemployment.

“There is need for the stakeholders to work towards steering the mindset of the youths from that of seeking white-collar jobs to that of entrepreneurial engagement,” Mr Lawan said.

He said, “AMCON initiated the entrepreneurship programme for corps members in appreciation of the invaluable contributions of NYSC to national development.”

(NAN)

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