Saturday, 21 February 2015

FEDERAL GOVERNMENT LAUNCHES YOUTH ENTREPRENEURSHIP ONLINE PORTAL




The online portal was launched by the presidency as part of his commitment to provide jobs for the Nigerian youths.
The Federal Government of Nigeria has launched an online portal which will serve as a platform to link the youths with government/private sector-sponsored entrepreneurship and empowerment programs.

Nyenet.com was launched at the Banquet Hall, Presidential Villa, on Tuesday, February 10 by President Goodluck Jonathan who equally unveiled the Youth Entrepreneurship Strategy (YES).


NYENET is short for Nigerian Youth Entrepreneurship Network and was designed in collaboration with Nicholas Okoye, the founder, Empower Nigeria, a pseudo-incubator which, according to it’s web page, offers training support and capital sources to get young people started in businesses.

"NYENET will be the one-stop portal that will enhance government’s ability to reach out to the young. [It] will give young entrepreneurs opportunities for both training and funding for entrepreneurial ideas,” President Goodluck Jonathan said.

The broad based public-private platform according to the president, is designed to accelerate the already fast-moving train of young entrepreneurs through government interventions that have created 1.4 million additional jobs in the country.

He said his administration had provided over 5.4 million jobs for Nigerians and also promised to do more.

He added that government would continue to partner with the private sector to reach the target of creating two million jobs ‎for Nigerians every year through the diversification of the nation’s economy.

Jonathan added that the first batch of about 2,000 beneficiaries of one of the schemes had created additional 22 jobs each.

The website outlines some features such as: Chat, Marketplace, Super Mentor and Entrepreneurship Clinic, which are all currently unavalialbe.

The caption “Coming Soon” is seen in red when any of the features are clicked. It is not yet clear how nyenet. com works.

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