Ondo State Governor, Lucky Aiyedatiwa, has promoted the acquisition of technical skills for young people with his determination of establishing two new model technical colleges in the state.
Aiyedatiwa’s Chief Press Secretary, Ebenezer Adeniyan in a statement on Facebook, said the Governor is determined to promote acquisition skills for young people and set to establish two new technical colleges in addition to the ones already in existence.
Aiyedatiwa disclosed this on Saturday at the Ondo State Entrepreneurship Summit, with the theme: “Innovative Entrepreneurship for Sustainable Economy” held in Akure, the State capital.
The Governor said current global economic realities have made it necessary for young people to gain technical skills to become solution providers and entrepreneurs and that the 2024 budget has made provisions for the establishment of the two new model technical colleges, in addition to the existing ones across the State which will also receive attention.
Also at the event, Aiyedatiwa flagged off the distribution of tricycles to farmers in the State to aid the transportation of farm produce and enhance food security.
The Governor, who addressed thousands of youths gathered at the summit, said:
“The current economy in our country demands the urgent intervention of innovative entrepreneurship. Entrepreneurs have always been at the forefront of transformative change; creating jobs, driving productivity, and catalyzing economic development.
“Our administration in Ondo State since assumption of office has placed emphasis on fostering an enabling environment for entrepreneurship and innovation to thrive. We recognise that the government alone cannot drive economic growth; rather, it is through collaboration with the private sector and the empowerment of our youths that we can unlock the full potential of our economy.“
Governor Aiyedatiwa also announced an increment in the number of beneficiaries of the grants for young entrepreneurs in the State from the initial 10 to 20, raising the empowerment funds from N30m to N60m at N3m per beneficiary.
Aso, winners of the ‘ONDEA my IDEA’ initiative, featuring most innovative entrepreneurs in Ondo State, will be awarded one million Naira cash grant each, and business support packages worth two million Naira each.
Aiyedatiwa commended the Ondo State Entrepreneurship Agency (ONDEA) for being at the forefront of driving an all-inclusive and vibrant economic development with impactful initiatives that have transformed countless lives and businesses through the fostering of a culture of innovation and empowerment.
“As a State, we have implemented a range of policies and initiatives aimed at supporting entrepreneurs at every stage of their journey. We have also initiated programmes to cushion the effect of the current state of the economy. N220m was recently approved for our artisans, traders and SMEs as grants.
“I am happy to announce to you that our dear Sunshine State, will be hosting the Global Entrepreneurship Festival, indubitably the biggest entrepreneurship event in the world, where global leaders, world-renowned speakers and entrepreneurs from all over the world will be present in Ondo State during the Global Entrepreneurship Week in November this year.
“This is big news for Ondo State, and I thank the global community for trusting us to host this remarkable event. We will also be sponsoring our finest entrepreneurs to attend the festival to showcase the brilliance of Ondo State innovations,” the Governor said.
Further into the event, the Special Adviser to the Governor on Entrepreneurship and the Chief Executive Officer of ONDEA, Mr. Summy Smart, said during the first quarter of the year that, ONDEA has trained and empowered 618 individuals from the grassroots, some of who were awarded their certificates at the event.
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Some of the speakers present at the event included comedian Ali Baba, Dr. Akin Akinpelu, Mrs. Tope Mark-Odigie, Mrs. Toyosi Akerele-Ogunsiji and Dr. Oluwatoyin Ade-Unuigbe.
