Nigeria – The National Directorate of Employment (NDE) has trained agribusiness owners on how to expand and enhance their businesses while lowering loan repayment default rates.
Speaking at the start of the one-week training under the NDE’s Post-Sustainable Agricultural Development Training Scheme, Director General Abubakar Nuhu Fikpo stated that the agency was committed to providing beneficiaries with the important information regarding policies, contemporary agricultural practice, and connecting them with sources of funding for their businesses.
He clarified that the program would expose the participants to the most effective techniques to take advantage of the expanding commercial prospects in the agricultural industry and end poverty.
Represented by the state coordinator, Emmanuel Ojo, the DG said, “ It is a specialised training on the practical application of government policies and harnessing such opportunities to further create employment and promote high productivities among our beneficiaries; it identifies value addition in agricultural sector and prepare beneficiaries to key into it.
“The training will empower the beneficiaries of our programs to establish, grow and expand agri-enterprises of their choice on a sustainable basis and chain.
It will provide agricultural skills, provide more food , create employment , reduce poverty, encourage the youth to embrace agri-business, expand the scope of sources of funding for agri-business and enhance the quality of life for farmers and society as a whole.”
He advised the participants to put their all into the training in an effort to enhance their businesses and reduce the likelihood of failure in order to help the economy of the country.
Speaking, Mrs. Beatrice Oruoyehun, assistant director of the rural employment division of NDE headquarters, commended the fifty beneficiaries for partaking in the training while also requesting complete focus from them.
She expressed disappointment that loans provided to them by the NDE are sometimes misappropriated, making repayment challenging, and added that the training became essential so that the recipients would know how to expand and sustain their agribusiness.