October 18, 2021

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DBN to train 1000 youth entrepreneurs

Development Bank of Nigeria (DBN) Plc says it has concluded plans to train 1000 young Nigerian MSMEs owners for the 2021 entrepreneurship training programme in line with its mandate.

The programme, which is expected to commence from August 16 to October 14, 2021, will be implemented in phases over three months, a statement by the bank said on Thursday.

It will develop the capacity of 1,000 MSMEs drawn from across the country with the requisite business knowledge and skills to upscale their businesses amidst the challenges of the new normal posed by the COVID-19 pandemic, the statement added.

The MD/CEO of the bank, Tony Okpanachi, said in the statement that the DBN Entrepreneurship Training Programme is being organised in collaboration with Google Nigeria, Enterprise Development Centre (EDC) of Lagos Business School and Wider Perspective Limited (WPL).

He said: “The capacity building initiative is an integral part of the bank’s mandate to drive economic growth by empowering MSMEs with the skills required to improve their capacity and productivity.

“So, our objective is to equip entrepreneurs across sectors of the Nigerian economy with the requisite management skills to develop viable business plans, access funds, and effectively manage their business growth. Through this training, we will enhance their entrepreneurial and managerial competencies.’’