Ogoni Liberation Initiative
Niger Delta Based Non-Governmental Organisation NGO called the Ogoni Liberation Initiative has initiated plans to raise an N10 billion investment fund to support start-up and small scale businesses in Ogoniland and in the entire Niger Delta region.
The initiative is billed to be launched soon and is geared towards ensuring better living for every Ogoni indigene and to reposition the Niger Delta by creating entrepreneurship for the youths from the region to share knowledge and received financial aid to pursue their dreams.
According to the President of the group, Fabeke Douglas “ We are opening the eyes of our people to other opportunities that can be explored outside oil and gas, and this is why the N10 billion investment fund is being launched through the support of our partners, to help and encourage entrepreneurship in Ogoniland.
Also delivering a lecture titled “Entrepreneurship: An antidote to Economic Crisis’ an entrepreneur expert, Mr. Seye Shoneye said the youths of Niger Delta should be encouraged to embrace entrepreneurship as an alternative to rent-seeking from oil and gas royalties.
He further submitted that entrepreneurship is the sure solution to escape from poverty and the economic downturn as it has the capacity to employ a large volume of the unemployed.
The Product Manager at Polaris bank Mr. Obiora Eze also commenting on the need for the development of entrepreneurial spirit among the youths in Nigeria revealed that his bank is very supportive of SME and is doing a lot of advisory role to entrepreneurs through organizing series of capacity building programmes for upcoming entrepreneurs.
Eze assures that Polaris is providing loans and other financial aids to help repositioned start-up businesses and help them find their feet and increase capacity. Eze seizes the opportunity to pledge the bank commitment and support for the Ogoni Liberation Initiatives Investment drive for entrepreneurs in the Niger Delta.