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By Emmanuel Addeh
FHT Ventures Plc has said it is set to raise about N100 billion bond, repayable in 10 years, as a private sector-led scheme in partnership with the government and its overseas partners to empower 70 million Nigerian youths.
While stressing that the federal government was expected to guarantee the sum, the Executive Chairman of the organisation, Mr. Olubunmi Adewa-Faboro, noted that the scheme was to showcase a grand private sector led project in the country to promote ventures that would keep youths away from crime and insurgency currently prevailing in Nigeria.
Speaking at the official unveiling of Nigeria Youth Empowerment Project (NYEP) and the website in Abuja, Adewa-Faboro stressed that the pilot scheme would see the training of 1,000 youth entrepreneurs in every state in Nigeria.