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MTN Foundation: Investing in Youth Development to Bridge Employment
Odunayo Sanya, Executive Secretary, MTN Foundation, says the Foundation is committed to youth development and building entrepreneurial skills, in order to bridge employment gaps in Nigeria. She stated this during a panel discussion at the 7th annual Project Management Institute (PMI) Africa conference held at Eko Hotels, Lagos.
The conference, which took place on Tuesday, September 13th, 2022, saw Odunayo join other experts such as Executive Director, Anzisha Prize, Josh Adler; Social Impact Manager, Project Management Institute (PMI), Laura Davidson; Principal Corporate Services & Communications, Mount Kenya University Foundation, Peter Wander and Secretary General of Committee of Vice- Chancellors, Nigeria, Professor Yakubu Ochei, to speak on the theme, “Education and Entrepreneurship-Building a Bridge to Employment”.
Speaking about MTN Foundation’s investment in education and entrepreneurship, Odunayo said: “For us at MTN Foundation, we understand that education is a path. We believe innovation is formal education agnostic. We understand that everyone may not go through the four walls of formal school. Young people think about the future, the gratification and the job they want to do. So, for us, this is critical. It became clear to us what we can do to make an impact. And that is youth development in Nigeria.
In terms of education, we have what we call the MTN Foundation scholarship scheme, focused mainly on STEM. We also have scholarships for blind Nigerians. These are scholarships of excellence and it is amazing what these youth can do. We also work with our ecosystem partners to train and retrain youth, in areas of entrepreneurship. We do what we call the ICT & entrepreneurship training. Over time, we have given about 12, 000 scholarships. At the Foundation, these are some ways we marry education and entrepreneurship in communities where we operate,” she concluded.
A 2021 report by the World Bank shows youth unemployment in Nigeria at 19.6%. These statistics show the unemployment rate in Nigeria is among the highest in Africa. A similar report by the International Labour Organisation (ILO) revealed that over one in five young people in Africa were not in employment, education, or training (NEET) in 2020, and the trend keeps deteriorating.
Speaking on the importance of this year’s theme, Managing Director, Sub-Saharan Africa, Project Management Institute (PMI), George Asamani said, “when we look at the journey of young people in Africa, there are certain challenges they come across. Education and entrepreneurship are two avenues they can make it.
“However, statistics show a wide disparity. So clearly, there is a gap between the students coming out of school and the jobs. But what we know is, there are lots of organisations working to address this, and that is why we are here.”
The PMI Africa conference is an annual conference where visionary project leaders, captains of industry, and senior government officials come together to scrutinise the trends and technologies transforming how public and private sector projects are delivered.
The highly anticipated gathering brings leaders and businesses from across the continent under one roof for three days of discussion, knowledge sharing and retention of valuable skills.
Now in its seventh year, the 2022 edition is themed “Sustainable Growth for Social Good: Connecting Ideas, People and Projects”. This year’s conference looks at strengthening the role of the project economy in supporting sustainable and inclusive growth in the region.
L-R: Managing Director, Sub-Saharan Africa, Project Management Institute (PMI), George Asamani; Executive Director, Anzisha Prize, Josh Adler; Executive Secretary, MTN Foundation, Odunayo Sanya; Social Impact Manager, Project Management Institute (PMI), Laura Davidson; Principal-Corporate-Services & Communications, Partnerships and Collaborations, Mount Kenya University Foundation, Peter Wander and Secretary General of Committee of Vice- Chancellors, Nigeria, Professor Yakubu Ochei at the 7th annual Project Management Institute (PMI) Africa Conference held on Tuesday, September 13, 2022, in Eko Hotels, Lagos.
MoMo PSB has announced a partnership with Leadership Strategy Sustainability Business Innovation (LSSBI) Advisory to enhance financial inclusion and streamline tax payments in Ekiti, Nasarawa, and Rivers states.
This collaboration introduces MoMo as the official payment platform for taxpayers, enabling easy and convenient payments via the USSD code *5229#.
Nigeria CommunicationsWeek report that the partnership aims to boost compliance, drive revenue development, and promote financial autonomy for marginalised communities. Key stakeholders highlighted the significance of this collaboration in closing the financial gap and promoting economic growth.
Read Also: MTN Nigeria takes full control of MoMo bank for $4.6m
With this initiative, MoMo PSB reaffirms its commitment to providing accessible and user-friendly financial services to all Nigerians, particularly the unbanked and underbanked populations.
The launch of the USSD code *5229# demonstrates MoMo PSB’s dedication to expanding financial inclusion and promoting digital payments.
Ekiti State officials lauded the partnership, commenting on the convenience of using the MoMo payment platform, while emphasising its potential to increase tax compliance and benefit local communities.
The collaboration is part of a broader initiative to empower citizens with financial autonomy, encourage saving, and promote responsible money management.
As the rollout begins in Ekiti, Rivers, and Nasarawa, MoMo PSB and LSSBI Advisory aim to expand the initiative nationwide, encouraging other states and private sector partners to explore similar collaborations, leveraging technology to improve access to financial services. This partnership marks a new era in tax payment solutions, prioritising efficiency, inclusivity, and financial empowerment for all Nigerians.
MoMo PSB, established in May 2022 as the fintech division of MTN, continues to focus on delivering user-friendly, accessible, and affordable financial services to both new and existing customers across Nigeria.
Globacom has unveiled a new device acquisition scheme to enable Nigerians own smartphones and pay conveniently over several months. The scheme is dubbed: “Buy Now, Pay Small Small” and is available in Gloworld shops across the country.
The scheme aims to bridge the digital divide by enabling individuals and businesses have access to the latest smartphones and devices more conveniently. This, Globacom claims, will make customers more connected and more productive.
A press statement released by Globacom explained that it is offering flexible payment options to its customers so they can acquire devices of their choice and spread the cost of these new devices over several months through instalment payments that is manageable for them.
The scheme has a wide range of smartphones and other smart devices from top brands that customers can chose from.
This device financing is available to all new and existing Glo customers who can avail the benefits of the programme when purchasing new devices from Gloworld stores across Nigeria.
Moreover, customers can choose from various payment plans to suit their budget, with tenures of up to six months and special interest rates on all flagship devices.
Globacom said customers who purchase devices under the programme will also be given a data bonus of 18GB for six months, adding that it is focused on customer satisfaction, through ensuring a convenient system of smartphone acquisition for Nigerians.
Starlink Week at Konga, an exceptional opportunity to acquire reliable satellite internet at a significantly discounted price, ends tomorrow, Saturday, August 31, 2024.
Nigeria CommunicationsWeek gathered that customers now have chance to secure a Starlink kit at an exceptional price and experience the transformative power of high-speed internet.
Throughout the week, Konga has been dedicated to making Starlink’s cutting-edge technology more accessible to Nigerians.
Read Also: Konga Announces Starlink Week: An Opportunity To Own High Speed Internet Kit
The e-commerce giant offered Starlink kits and accessories at reduced prices, along with perks that have made this offer hard to resist.
In addition to the unmatched prices, Konga included free nationwide delivery to ensure that customers from every corner of Nigeria benefited from this offer.
Konga also provided free same-day delivery in major cities like Lagos, Abuja, and Port Harcourt, ensuring that customers can start enjoying their Starlink experience almost immediately.
As Starlink Week draws to a close, this is the final call for those who still need to take advantage of this limited-time offer.
The discounted prices, combined with the exceptional delivery options, represent a rare opportunity to invest in a technology that has revolutionized internet accessibility across the globe.
Konga’s Starlink Week has been more than just a promotional event; it has been a gateway to connectivity, offering Nigerians a reliable solution to their internet needs.
Starlink provides the service you need to stay connected wherever you are in Nigeria.
Take advantage of this exclusive opportunity. Visit Konga.com today or walk into any of Konga’s retail stores to secure your Starlink kit before the campaign ends.
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