Author: Taiwo Ismael

…To Train Over 300 youths on Vocational & Entrepreneurship Skills

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The Ibadan Prime Youths Forum (IPYF) which is the Youth wing of the Central Council of Ibadan Indigenes (CCII) is inviting Ibadan Youth, young persons and all interested youths who resides in Ibadan to the 1st Edition of Ibadan Youth Entrepreneurial/Economic summit schedule for Thursday December 2, 2021 at Ibadan House Oke Aremo Ibadan.

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The Theme of the summit is THE BURDEN OF YOUTH UNEMPLOYMENT IN NIGERIA, WHOSE FAULT. SUSTAINABLE INTERVENTIONS AND SOLUTIONS. According to the organizers, the event will have 2 session, the key note speeech/ panel session and entrepreneurial/vocational skill exhibition/ success stories.
The Honourable Minister for Youth & Sports Development, Mr Sunday Dare has been scheduled to declare the event open and give the keynote speech while Chief Mrs Amidat Ololade Agboola, Oyo State Head of Service will be the Guest Speaker and to be followed by Panel Discussion which will feature;

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1. Ashiwaju Seun Fakorede, Commissioner for Youth & Sport Development, Oyo State
2. Mr Afeez Repete, Former Special Adviser to the Oyo State Governor on Youths & Sport
3. Mr Asiwaju Azeez Olasunkade, HR Expert & Mentor, Member of the Governing Council, Grand Plus College of Education Ilorin
4. Mr Olayemi Olayinka, State Coordinator, National Directorate of Employment (NDE)
5. Mr Titilope Gbadamosi, Community Relations Expert, Office of the Minister for Youth and Sport Development, Abuja.

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Discussants in the second session includes the following
Damilola Asaleye, CEO Ashdam Solar; Adejoke Lasisi ,CEO Planet 3R; Oluwole Odetayo Co-founder Loftyinc/Wennovation Hub; Wale Oladiti , CEO Weeldrop Petroleum.
According to the organizers, these are successful entrepreneurs who are good at what they do, and they will also exhibit their brand in the outdoor event session to motivate the youths and at the same time share their success stories, the challenges they encounter in their business life.

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According to the organizers, their will be opportunities for over 300 participants to get vocational and entrepreneurship skills training slot from partners of the events worth over #200,000 per person, skills include Photography, Tailoring, Weaving, free CAC registration for 40 persons among others.

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Expected Participants are to register through the link below.

https://forms.gle/iZ6jbwfdU5fncvoPA

For Partnership and Sponsorship contact Dr Oluwatunmise Adeagbo on +2347051856395 Mr Wahab on +234816 5629314

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Governor ‘Seyi Makinde of Oyo State has declared that the ranking of the state as seventh in the States’ Internally Generated Revenue Index by the National Bureau of Statistics (NBS) for the first two quarters of 2021 did not come as a surprise, adding that the development was as a result of the committment of his administration to the growth and development of Oyo State.

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He also noted that the leap in IGR is the manifestation of his administration’s pragmatic approach to governance since May 2019.

A statement by the Chief Press Secretary to the governor, Mr. Taiwo Adisa, which provided insights into the IGR leap, said that the administration’s commitment to turning Oyo State into an economic and investment hub, as well as the bold initiatives taken by Governor Makinde to encourage the ease of doing business, transform the agriculture and infrastructure sector, and ensure adequate security, were the pillars behind the state’s leap on the IGR index.

The statement further indicated that the Makinde administration would not relent in its determination to expand the economy of the state and improve its finances.

The statement quoted Governor Makinde, as maintaining that his government would continue to be bullish in its approach to expanding the state’s economy, adding that this is in line with his commitment in the Roadmap for Accelerated Development of Oyo State, 2019-2023.

He said that agribusiness and infrastructure development to target the economy would continue to receive priority attention.

The National Bureau of Statistics had recently published its 2021 half-year report of Internally Generated Revenue (IGR) of Nigerian States, stating that Lagos State topped the chart with N267.23bn IGR, followed by FCT with N69, 072,879,664.43 and Rivers state with N57,324,672,372.42.

Oyo State with N25, 191,713,455.75 was in 7th position, while Yobe State with N4, 031,033,046.55 was at the bottom of the table.

With the information made available in the report, Oyo State ranked third among states with highest IGR in the South-West, coming behind Lagos and Ogun States.

The report equally showed that the revenue area where most of South-West states got the highest revenue was Pay As You Earn (PAYE), with Lagos generating N152.7 billion while Oyo State came second with N18.6bn, indicating the strength of the manpower in the states.

Commenting on the data, the Commissioner for Budget and Economic Planning, Prof. Musibau Babatunde, maintained that the ranking of the state on the half-year NBS report reflected the economic realities in the state, where several business-friendly policies of the Governor Makinde administration have resulted in more investments.

He explained that the prompt payment of salaries and pensions, as well as the massive completed and ongoing infrastructure development projects and investments on improving security, which have brought positive improvements to the business environment, have all played huge roles in the state’s improvement on the IGR index.

“You would recall that Oyo State experienced a 42.23 per cent year-on-year growth from N26.75bn in 2019 to N38.04bn in 2020, a growth that was faster than the 8.57 per cent year-on year growth recorded between 2018 and 2019 when its Internally Generated Revenue (IGR) grew from N24.64bn to N26.75bn.

“You would also recall that on assuming office, Governor Makinde made it clear that his administration would lay a solid foundation for the economic development of the state and with a solid structure in place, it would progressively improve the finances of the state.

“What you are beginning to see is the practical manifestation of the policies and programmes of the government in the area of economic expansion through agribusiness and infrastructure development.

“The business-friendly policies and the introduction of several incentives to investors by the state government will no doubt culminate into more investments and thereby bring more revenues in the coming months and years. So, residents of the state can look forward to more improvements as we move on.

“In 2018, the half year IGR was N12.379 billion; in 2019, it was N14.060 billion; and in 2020, it moved up to N17.773 billion. For 2021, it is N25.19 billion.

“The governor has always made it clear that the administration will not relent in its efforts to expand the economy of the state using the tripartite approach of developing the agribusiness sector to attract large investments, building solid infrastructure that target the economy and executive well-thought-out policies and incentives that will make doing business easy for investors.