📲 Click Here to Join Our WhatsApp Channel
NEWS | Politics | CRIME TALK ZONE | DJ MIX | SPORTS |


Burna Boy
Davido
Wizkid
Naira Marley
Olamide
Tiwa Savage
Rema
Asake
Kizz Daniel
OdumoduBLCK
Shallipopi
Tems
Ayra Starr

« | »

NDDC Launches ₦30 Billion Fund to Boost Young Entrepreneurs in Niger Delta

Published by on December 29th, 2024.


NDDC Launches ₦30 Billion Fund to Boost Young Entrepreneurs in Niger Delta

The Niger Delta Development Commission (NDDC) has unveiled a ₦30 billion initiative aimed at promoting youth entrepreneurship in the Niger Delta region. The funds will be managed through the Niger Delta Chamber of Commerce, Industry, Trade, Mines, and Agriculture (NDCCITMA), with the goal of fostering growth and supporting young business owners in the area.

 

Dr. Samuel Ogbuku, Managing Director of the NDDC, made the announcement during a recent interview, emphasizing the Commission’s commitment to empowering youth through economic initiatives, including training programs and support for Small and Medium Enterprises (SMEs).

 

Supporting Sustainable Enterprises

 

Dr. Ogbuku highlighted the importance of ensuring that funds are directed towards legitimate businesses. He acknowledged that while the government cannot employ everyone, it is focused on creating an environment that encourages entrepreneurship.

 

Additionally, he spoke about the NDDC Youth Internship Scheme, which aims to provide young people with practical experience by connecting them with organizations for on-the-job training. The scheme is expected to roll out in January 2025, with the consultant handling the application process working to streamline entries.

 

Successful applicants will be notified soon, and the initiative is expected to play a key role in fostering economic growth and stability in the region by engaging youth in productive activities and supporting entrepreneurship.

 

About the NDDC

 

Founded by the Federal Government in 2000, the NDDC’s primary mission is to drive development in the South-South region, with a particular focus on youth training and empowerment. Over the years, the Commission has launched several programs to support the region’s human capital and infrastructure development.

 

Notable initiatives include:

 

Foreign Postgraduate Scholarship Programme (2024/2025): Launched in April 2024, this scholarship program targets young people from the Niger Delta seeking to pursue postgraduate studies abroad. It aims to develop skilled professionals in fields such as Engineering, Information Technology, Medical Sciences, Law, and more, to enhance participation in the federal government’s local content initiatives and to compete globally.

 

Infrastructure Projects: In May 2024, the NDDC announced plans to inaugurate 92 infrastructure projects worth over ₦84 billion across five states. These projects are part of the Commission’s comprehensive strategy to drive sustainable development in the region and transform it into an economic hub.

 

 

With these initiatives, the NDDC is working to create a robust framework for economic prosperity, engaging youth in meaningful work and supporting the growth of the Niger Delta as a thriving, self-sufficient region.

 

 

TRENDING SONGS

Song The Man Who Sent Money for Two Decades, Only to Return to an Empty Shell Song See how a young lady was beaten in a village and naked for stealing a goat  Song See How Man That Plans to Divorce His Wife, Gets Shocked When She Leaves Him First With Their 5 Kids Song Tragic Land Dispute: Man Kills Father in Imo, Pastor Arrested for Rape Song Nigeria Grants Air Tanzania Passage for Direct Flights Song KWAM 1 vs KWAM 2: Nigerians Call Out Inconsistent Treatment in Aviation Offense Cases Song Nigerian Soldiers Light Up Social Media with Energetic Dance Moves Song ‎Sniper Scandal: See How Chief Ajibade Forces Corn Thief to Drink Poison; Accused Arrested, Monarch Clear Air(VIDEOS) Song Woman Finds Out Husband Married Another Wife Through Facebook After Having Three Kids Together Song If Anything Goes Wrong During Labor, Save Me—Not the Baby”: Is This a Normal Statement from a Responsible Woman?

CLICK TO DROP YOUR COMMENT

Share this post with your friends on


0 Responses

Leave a Reply

NOTE:- Make your comment a bit long to get it approved.



Go Back To The Top

« | »


Looking for something? Search below





About First Class Gists


Click Here to Join Our WhatsApp Channel