No fewer than 30 winners have emerged in the fifth edition of Unity Bank Plc’s flagship business plan competition, Corpreneurship Challenge, which held across ten (10) states last week.

The 30 winners who won cash prizes totalling N10 million emerged during the final business pitch in the fifth edition of the contest for NYSC 2021 Batch A Stream II Orientation Course, which took place simultaneously across ten NYSC camps in Lagos, Ogun, Benin, Abuja and Akwa Ibom.

Other NYSC camps where winners emerged also included Ogun, Kano, Sokoto, Enugu and Osun.

As in the previous editions, the cash prizes included a N200,000 business grant for each of the second runner ups; N300,000 business grant for the first runner ups and a star prize of N500,000 for each of the ten winners.

Some of the winners included Monday Love Sheba, Adeoye Janet and Essien Nsikak in Bayelsa camp, while Agu Ogechukwu Lilian, Obichukwu Victor and Abiona Elizabeth emerged as the winners in the Akwa Ibom State camp.

In Ogun, Olisa Sofia, Chiamaka Goldleen and Ifeanyi Onoh emerged winners to claim the cash prizes. Ekpenyong Paul Gabriel also emerged as the winner in Sokoto.

The initiative attracted massive interests among the corps members, as over 1000 applications were received but only 100 were shortlisted for the pitching session from where the thirty winners emerged.

The contestants’ business plans which ranged from fashion, fish production, poultry farming, retail chains, piggery to beverages were assessed on originality, marketability, future employability potential of the product and knowledge of the business.

Recall that Unity Bank debuted the Entrepreneurial Development Initiative in 2019, to specifically target corps members, as part of efforts to contribute to job creation in Nigeria. The initiative has produced 48 winners since 2019 when it debuted.

Speaking at the finale in Akwa Ibom State, the overall winner, Lilian Agu, a graduate of Mass Communication and Chinese Language from Federal Polytechnic, Oko expressed gratitude to Unity Bank for the opportunity to actualise her dream of establishing a fashion outfit.

“With this money, I plan to buy an industrial machine, rent a studio, buy a generator and buy some fabrics and start from there. Unity Bank has made my dream come true. I am not from a rich home and I have been dreaming and working hard to start a fashion business, but this grant has made that dream a reality. God bless Unity Bank,” she said.

Also, speaking during the finale in Akwa Ibom NYSC camp, the Divisional Head, Retail, SME Banking and E-Business Directorate, Unity Bank Plc, Mr. Olufunwa Akinmade, said the competition has proved to have a great impact on youth empowerment in the country.

“The Unity Bank Corpreneurship has a very positive impact, not only for the corps members but for the entire youth population in Nigeria. It is a way to support the young men and women who are just graduating from the university to grow.

“You will agree that it is not easy today to come out of the university and get a paid job, and so at this tender age, it is good that they imbibe that culture of entrepreneurship, and then with the financial support that they get from Unity Bank and the knowledge that they have acquired through the competition, they will be able to grow from job seekers to employers of labour.”

Represented by Mr. Etop Ukpe, the Uyo Regional Manager, Mr. Akinmade reiterated that “The grants are not a loan and the winners are expected to channel the funds to profitable ventures to achieve the objectives of the scheme.”

Going down memory lane, Mr. Akinmade recalled that what started in 2019 with a pilot in four states have now expanded to ten additional states and is well on its way to achieving national coverage.

He said: “We started Corpreneurship in 2019, with a launch in Lagos and in three other states which included Edo, Ogun, and Abuja. So, today we have expanded it to ten locations, and it has been hugely successful.

“This is a programme that will stand the test of time, but all we are doing is to support NYSC corps members to start their own business no matter how small and then grow with it. Unity Bank will continue to be part of their journey, to offer them a startup capital as well as business mentorship.”

With the advent of the Soro Soke Generation opening up the more and speaking up with more vigor and agility, desiring and strategizing for a more engaging and transformed nation, Youths for New Nigeria, Lagos State Chapter has joined other state branches to organize a Youth Summit to discuss and move forward the agenda for a more youth focused governance in Lagos and Nigeria at large. Whilst a lot of people have been known for the talks, it is important to identify some young players in the political and social service space and do what is necessary to not just raise light bearers but to also lead the path.

On the lineup of speakers are seasoned and experienced actors including the young and vibrant Hon. Opeyemi Apatira, the Supervisor for Youths, Sports and Agriculture, Ojodu LCDA and also Founder, Foodlink.ng. He comes to share his experience on how he contested almost four years ago and made his way into the position mostly held by the elderlies. Mr Gbenga Agoye has had his fair share in the political space, he comes to shed light on the steps to take to be politically relevant and contribute to nation building even while holding no political post or appointment. Mr Michael Sasere leads the Voice of Hope Nigeria movement in Osun State and has had his imprints in the politics of Alimosho Local Government Area. YNN board would be ably represented by Mrs Adebimpe Adedeji to further encourage everyone of the sincerity and purposeful leadership being propagated by YNN.

Comrade Sunday Obanubi, National Coordinator is inspired that youths across the nation are taking responsibility outside of the old ways of waiting for government to do everything, as that is the major key to demand accountable governance and effective leadership. Comrade Dayo Adeleye, the Lagos State Coordinator is pleased to welcome everyone to the summit as we brainstorm and position the youth for a New Nigeria. For participation, please click on link https://forms.gle/AaCCgzkfcgEsDwG26 to register as limited seats are available. Follow YNN on all social media for more updates on this and other events happening simultaneously nationwide.

Newsjaunts learnt from a source close to the Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Farouq that the much anticipated N-Power batch C Successful Applicants List will soon be out this November.

The source who pleaded anonymity stated that, ‘N-Power batch C Successful Applicants List will be out this November, the listed experienced a setback due to the #EndSARS Protests but I can assure you that the list is at the final stage.

This is coming few months after the applicants of the N-Power Batch C 2020 to the Twitter to express their impatient over the next action of the onboarding process of the new set of beneficiaries.

Newsjaunts Online recalls that Sadiya Farouq, the Minister of Humanitarian Affairs, Disaster Management, and Social Development of Nigeria, in August restated that her ministry received over 5 million applications in within one month.

400, 000 successful enrollees will be selected from the final application pool.

“The N-Power Batch C application portal closed on Sunday, August 9, 2020, after receiving over 5m applications. As we embark on the review process, efforts are in high gear to clear the stipends for Batch A and B before onboarding the new set of beneficiaries,” Farouq, had said on micro-blogging site, Twitter.

Farouq in August stated at the grand finale of events in commemoration of her ministry’s first year anniversary, in Abuja, the Federal Capital Territory, that the ministry of Humanitarian Affairs ‘will ensure due diligence will be applied to ensure that only duly qualified applicants are enrolled for N-Power Batch C during the selection stage’.

Farouq stressed that: “We have successfully exited the 500,000 Batch A and B beneficiaries and closed registration for Batch C with a total of 5,042,001 registrations received.

“As we move to the selection stage, the Ministry will ensure due diligence will be applied to ensure that only duly qualified applicants are enrolled.”