The
programme, Supaset Block Makers Empowerment package, is intended to help
willing and committed block makers to either start up or expand their
businesses and move from unemployment or small-scale artisans to
medium-sized entrepreneurs and employers of labour.
Explaining
what he described as ‘ground breaking initiative,’ the CEO of Lafarge
Joe Hudson, says the objective is to facilitate necessary funding
through the company’s partnership with Self Reliance Economic
Advancement Program (SEAP) Micro Finance Bank, which provides the
administrative framework like training, mentoring and monitoring,
thereby making the beneficiaries accountable entrepreneurs.
According to Hudson, the beneficiaries could get as much as N900 extra value on one bag of Supaset cement.
Hudson says,
while handing over working tools to the beneficiaries last week that
the block makers will be certified in partnership with the Standard
Organisation of Nigeria (SON).
Dotun
Oladokun, CEO of SEAP, told BusinessDay that the programme was a private
sector initiative for the development of the youth, as a long lasting
source of income. Against the over 20 percent interest on loan in
commercial banks, the beneficiaries could get as low as 10 percent
interest loan under the programme, saying the idea of partnering with
SEAP was to ensure saving culture and plans for the future.
He advised
the beneficiaries to maximize the benefits of the programme and remain
diligent without stirring the water so that other youth could drink from
the stream.
Adepegbe
Abiodun a student from Federal Technical College, Ijebu Mushin, one of
the beneficiaries, said he had always nursed the ambition to go into
block making using Supaset cement but had been drawn back due to fund,
but “when the opportunity knocked, I therefore grabbed it with two
hands.”
Suade
Sampson, CEO of Marvelous Deola Ventures, another beneficiary who is
into block making already, said he was attracted to the programme
because he wanted to expand his business.
Abimbola
Ashiru, Ogun State commissioner for commerce and industry, charged the
beneficiaries to use their empowerment to create jobs for others.
Welcoming
the initiative, he challenged individuals who harass organizations and
threaten them, saying organizations would not be able to make money and
meet stakeholders including community needs. He told community leaders
to encourage industrialization instead of harassing them.
Lafarge,
which has given 1,128 undergraduates bursary awards in the last five
years, also launched Lafarge technical apprenticeship scheme where
science-based youth are trained and awarded diploma certificates. At the
end, some could be absorbed into the company.
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