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K2 Blog & News

To help make retirement a smoother transition, Federal Capital Territory Administration, (FCTA) in collaboration with Abuja Enterprise Agency (AEA) has organized a Pre-retirement training programme for its retired and soon to be retired officers. The programme which will prepare employees approaching retirement on maintaining a productive life after their employment in the Administration.


The pre - retirement training programme which is ongoing at Abuja Enterprise Agency Entrepreneurial complex commenced on the 7th of February and will be concluded on 18th February 2022 will give them the tools to succeed in business.


The Director, Human Resource FCTA, Mal. Muhammed Bashir mni said ' the welfare of their staff after retirement is key hence the need for the retirement training. He elucidated on various business that can be ventured in upon retirement such as  fish farming, poultry, crop production or even cattle rearing on a large or small scale hence the need for this training'.

No fewer than 2500 youth below 45 years, have been trained in the Business Repositioning Summit, held by Ultimate Destiny Uplifters Foundation, UDUF, in Onitsha.

The summit which held at C.J. Patterson Auditorium, All Saints Cathedral Onitsha Anambra State, entitled, Under 45 CEO’s Business Summit, in an initiative of UDUF, designed from the of its objective number four and to cushion the effect of COVID-19 on businesses.

UDUF objective number four among, other things, includes engaging and empowering individuals and families, particularly young business owners, entrepreneurship students and unemployed youths with resources to achieve their career goals.

In September 2021, Nairametrics reported that food processing startup, Tomato Jos, a private equity-backed, social enterprise agric company was awarded a N494 million grant by the USAID-funded West Africa Trade & Investment Hub (Trade Hub) to boost the productivity, income, and resilience of 4,000 maize and soybean smallholder farmers in northern Nigeria’s Kaduna State.

This came after a report in June citing Trade Hub’s investment in Thrive Agric, which saw the agritech startup grow on its commitment to strengthening agricultural value chains in the country, including for these three staple crops (rice, maize and soybean), with a Trade Hub backing of $1.75 million co-investment grant.

Also in June, Nairametrics reported a $1.4 million co-investment grant to OCP Africa Fertilizers Nigeria Limited (OCP Africa), a firm in the production of phosphate-based fertilizers, to install modern blending equipment within its fertilizer blending plant facility under construction in Kaduna.


Trade Hub’s Acting Chief of Party speaks

In an exclusive interview with Karl Littlejohn, Acting Chief of Party for the West Africa Trade & Investment Hub, he tells Nairametrics that 2021 has definitely had the highest number of investments, as nearly all of its 38 co-investment partnerships were signed this year.

The investment firm says it looks for investments in a broad range of fields including agriculture, financial services, healthcare, apparel, logistics, and even ecotourism and water or sanitation.

Minister of Industry, Trade and Investment, Okechukwu Enelamah, has said the Federal government is committed to economic prosperity and the ease of doing business in the country.

Enelamah, who spoke at the advocacy roundtable forum organised by the Institute of Directors Nigeria (IoD), in Lagos, said some reforms have already been completed.

This would ensure that Ministries, Departments and Agencies (MDAs) build capacity to deliver the ease of doing business, with effective collaboration that would support continuous improvement.

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We are focused on the development of Micro, Small and Medium Enterprises (MSME) and aims to assist new and existing entrepreneurs to overcome obstacles to growth through access to finance, proper business planning and developing entrepreneurship skills.