The Olubadan of Ibadanland, Oba Saliu Adetunji, has said that an entrepreneurship scheme designed in his honour by the Manufacturers Association of Nigeria will reduce unemployment and other social vices.
Oba Adetunji, therefore, commended the role of MAN in economic development of the country, especially in providing jobs for the unemployed.
“The entrepreneurship scheme is a laudable one as it will help to reduce social vices that lead to insecurity in the country.
“One of the causes of insecurity in Nigeria is the rate of unemployment, with youths roaming the streets and indulging in hard drugs and alcohol. The scheme will go a long way in addressing this ugly trend,” the traditional ruler said.
Earlier, the MAN executives in the South-West geopolitical zone who were at the Popoyeja palace of the monarch, remarked that the Olubadan Entrepreneurship Scheme would boost the economy.
The association’s Chairman, Chief Kola Akosile, during the courtesy visit to Oba Adetunji, said the scheme would empower and train people with potential to create jobs and become self-reliant.
This, he said, would contribute to the development of the South-West geopolitical zone in particular and the country in general.
“We will identify people who can be self-employed and train them as well empower them financially so that they can employ themselves and other people,” he said.
The chairman said the initiative was part of its corporate social responsibility, adding that it was also aimed at marking the 40th anniversary of the association.