The Osun Coordinator of NAPEP, Mrs Funmi Akinyemi, saidÂ that a new programme tagged Village Economic Solution had been introduced to create jobs. Akinyemi who announced this in an interview with the News Agency of Nigeria (NAN) in Osogbo, said the programme was designed by NAPEP to assist the less-privileged.
According to her, under the programme, interested youths are expected to form a cooperative societies, to enable them to benefit from the stimulus package.
She said the Federal Government had provided funds for disbursement to some identified well-organised and serious minded youths as a revolving loan scheme. Akinyemi said the scheme was different from other conventional government programmes because it was rural people-friendly and targeted at assisting young villagers with skills.
â€œThe focus of the programme is rural community, centred with the aim of tapping hidden talents among some youths who are not resident in towns and cities. Also, the assistance is only given to youths who have already been trained in a particular field that can materialise as a productive venture,â€ she said.
According to her, once a committed group of people trained in the same area is identified with a marketable product, particularly in the production sector, NAPEP will fund the project. She expressed delight that so far, NAPEP had hardly recorded cases of default among its beneficiaries, especially in the production sector.
â€œIt is difficult for the whole members of a group to run away since we are not dealing with individuals in this arrangement,â€ she said.
Akinyemi identified some business ventures on the programme, including groundnut oil production and making of detergents.