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Tuesday, June 25, 2024

Fr. Mbaka Lauds FeeFund, Says Initiative Well timed


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Religious Director of Adoration Ministry in Enugu, Reverend Father Ejike Mbaka, has expressed concern over the prevailing financial scenario of the nation whilst he lauded the launch of Fund-Sure Entrepreneurship Enhancement Fund (FeeFund) to ameliorate the scenario.

FeeFund is an initiative of FUND-YES Cooperative, a non-bank monetary funding and wealth creation cooperative enterprise society of youths, ladies and monetary buyers, established by a social entrepreneur, Kennedy Iyere.

Talking in Enugu, Mbaka lamented the excessive unemployment price among the many youths, describing it as worrisome and calling for an pressing measure to sort out the menace.

He famous that insecurity would fester if key social issues within the nation weren’t addressed, noting that the present scenario has made it vital to encourage and help ladies to embrace entrepreneurship.

Fr. Mbaka described entrepreneurship as a viable instrument to sort out youth unemployment and, due to this fact, referred to as for an entrepreneurship revolution amongst Nigerian youths.

Whereas commending Iyere and the companions of FeeFund, Mbaka expressed optimism that it will assist to offer enterprise financing and enterprise improvement help for teens and ladies entrepreneurs.

The cleric mentioned: “That is the time to create mass employment via entrepreneurship and take tens of millions of youths, ladies and households out of poverty, starvation and financial hardship.

“FeeFund is coming at a time Nigerians want it probably the most. It is very important handle the nation’s ongoing downside of financial hardship. Because of this I’ve endorsed FeeFund. That is the way in which to go if we should create jobs for our youths and ladies.”

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