In a pathbreaking move to boost youth entrepreneurship and economic development, the City Boy Movement, Ogun State chapter, is set to host its inaugural Annual Youth Summit in Abeokuta, featuring a comprehensive empowerment program worth millions of naira.
The summit, scheduled for Saturday, December 21, 2024, at the June 12 Cultural Center, Abeokuta, will witness the distribution of substantial grants to support young entrepreneurs. The initiative includes ₦500,000 each for 50 medium-scale business owners and ₦200,000 each for 100 small-scale entrepreneurs, totaling ₦45 million in direct business support. Additionally, the group will fund three tech ideas with creative solutions for social impact.
Ogun State Governor, Prince Dapo Abiodun, will grace the occasion as the Special Guest of Honour. The event will be co-hosted by Mr. Seyi Tinubu and Alhaji Yusuf Kamorudeen Olawale, Personal Assistant to the President on Special Duties.
The summit’s agenda features special panel sessions focusing on MSMEs, technology, agriculture, and the creative economy. Distinguished speakers include the Minister for Youth Development, Ayodele Wisdom, and the Minister for Communication and Digital Economy, Dr. Bosun Tijani.
The comprehensive initiative includes support for market women empowerment with ₦200,000 each for 30 market women across Ogun State, student scholarships, and innovation grants in the technology sector. Other notable participants include Charles Odii, Director-General of SMEDAN, Dr. Oluwatoyin Afiz of ITF, and Miss Rinsola Abiola, Senior Special Assistant to the President on Citizenship and Leadership.
The summit aims to create a platform for youth development and economic empowerment in Ogun State.
For youth entrepreneurs and stakeholders in Ogun State, this summit presents a unique opportunity to access substantial funding and networking opportunities that could transform their business ventures.
In a related development, the movement has demonstrated its commitment to educational development by donating classroom furniture to selected schools across Ogun State’s three senatorial districts. Six primary schools, two from each senatorial district, received 50 tables and chairs each, with each set designed to comfortably accommodate three students.
This initiative will improve the learning environment for 900 students across the beneficiary schools.