Administrative and business activities are set to begin at the Central Bank of Nigeria (CBN)Entrepreneurship Development Centre [EDC] for the South-South region in Calabar, Cross River State.
This followed the acquisition and renovation of the former Desam House by the Cross River State Government on Ndidem Usang Iso Road, Calabar Municipality, which has already been partitioned into office, conference halls, business centre and other offices.
Special Adviser to Governor Imoke on Investment Promotion, Mr. Gerald Adah who conducted newsmen round the edifice said the Cross River State Government agreed to host the centre to fight unemployment in the South-South through the provision of a window of opportunities in the zone.
Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido will on Monday, September 2, 2013, lead the Governors of the six states of South-South to inaugurate the Central Bank of Nigeria Entrepreneurship Development Centre (CBN-EDC) in Calabar.
He explained that the centre would promote Small and Medium Scale Enterprises in the zone so as to reduce unemployment and that the Shield Academy Partners was the implementing agency in charge of trainings.
Project Director of the company, Mr Gbenga Owolabi, said the Centre would train both up and coming cum existing entrepreneurs for the next five years on basic entrepreneurial skills besides ensuring they become successful job creators/employers of labour.
On how the trainees would access funds to start their own businesses, the director said any state which sponsors trainees would under the MEDA programme assist them with credit facilities.
Owolabi said each of the training halls could sit 300 persons at a time, adding “the training sessions shall be both mornings and evenings”, but noted that “trainees shall be required to pay N5000 as registration fees.
“CBN is the implementing agency and also funds the project. With this, it creates a window for participants to become successful entrepreneurs. Participants shall be trained on different entrepreneur fields”.