Life-ND in Abia, Signed Memorandum of Understanding with Incubators and Incubatees for Agribusiness Training

CROSS SECTION OF PARTICIPANTS OF LIFE-ND AGRIBUSINESS PROJECT IN ABIA SIGNING MoU Today 

The Livelihood Improvement Family Enterprise in the Niger Delta Region ( Life-ND ) has today started signing a memorandum of understanding between the project funders(IFAD) and the incubators, and again between the incubators and the incubatees for participants in Abia State for onward training and transfer of knowledge to the incubatees on the area of agribusinesses they have chosen.

Speaking with journalists today in Umuahia, the Abia State Capital, the Project Coordinator in the state, Dr. Uchenna Onyeizu, said that signing a memorandum of understanding with those involved shows the seriousness and business minded side of the project and how the Federal Government of Nigeria through IFAD is ready to raise agribusiness entrepreneurs as the main drivers of the country economy.

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Onyeizu, explained that the programme idea is to support those in the rural areas especially the  youths, women headed households and the physically challenged persons to enable them begin an agro entrepreneurship within their local communities where they are residence and at the same time grow the economy while reducing unemployment and youth restiveness.

However, the Project Agribusiness Promotion Officer, Mr. Chukwuekezie Godwin, said the legal documentation is the core part of the programme, after which the incubatees venture into their trainings based on the area of our agribusiness comparative advantage.

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The training, Mr. Godwin expressed will last between the period of 4 to 6, months depending on the area chosen after which the incubatees would be funded and establish to start their own agribusiness and grow it through the knowledge gained during the training.

Meanwhile, one of the incubators who spoke with National Ambassador, Mrs. Lois Nwanganga Ph.D, who is involved in poultry, fish and snail farming, said the programmes idea of knowledge transfer and mentorship is a good strategy to engage the youths into agribusinesses and will at the same time decrease unemployment and grows the country’s economy through agribusinesses.

Also one of the participants and an incubatee, Master Onyeike Bright, expressed his willingness to abide by the rules of  the programme so as to enable him realise his life long passion of going into poultry as a self employed person.

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