CAC, BOI others grace CITAD’s 6th business clinic.

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By Khadija Aliyu

The Centre for Information Technology and Development (CITAD) has organized a Business Clinic, for the beneficiaries of its DICI_YOW and E-waste trainees in Kano state.

According to CITAD senior program officer,Malam Isah Garba, experts were invited from the Corporate Affairs Commission (CAC), Bank of Industry (BOI), and The Incubation Centre,to discuss with the trainees and profer lasting solutions, to their business problems.

He explained that,the purpose of the gathering is to equip participants with the best standard practices of business enterprises and connect them with opportunities such as soft loans, mentorship, and continuous capacity building in their chosen sector.

The senior program officer stressed that, the symbolic business clinic is the 6th edition in Kano, saying that, trainees undergo rigorous training on entrepreneurship skills,saying that, the first component is on electronic waste collection, and the second on digital livelihood skills,to reduce unemployment.

” The business clinic has been organized in Bauchi and Abuja, youths were trained on how to collect waste,re-use repair and recycle them, while digital livelihoods skills has to do with ICT, digital marketing to make them employers of labour”

The regional manager, corporate Affairs Commission Kano office, Alhaji Mustapha Dahiru pointed out that, according to section 7 of the Companies and Allied Matters Act, CAC is an autonomous body charged with the responsibility of regulating the formation and management of companies in Nigeria.

He noted that, the mandate of the CAC is to administer the act, including the regulation and supervision of the formation, incorporation, management and winding up of companies, establishment and maintaining companies’ registry and offices, in all the states of the federation suitably and adequately, among others.

Representative of the bank of industries (BOI), Kano office Fatima Abdullahi Paiko highlighted that the bank deals with companies not individuals, and does not provide cash but only finance items of equipment.

She said, fully registered companies can access loans from one million to ten million naira, while that of the limited liability companies, stood at one million to two billion naira and above.

Some of the trainees who spoke to Radio Nigeria, Hameeda Abba Sani and Ridwan Garba commended CITAD for the initiative.

They promised to make judicious use of the knowledge gained and advised youths to shun laziness and engage in entrepreneurship skills to become self-reliant.

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