Citi Foundation offers $80,000 for youth empowerment
LEAP Africa, Citibank Nigeria and the Citi Foundation have drawn a plan to improve the learning outcomes of young people in Nigerian secondary schools through the ‘Be the Change’ programme.
The programme is part of Citibank and the Citi Foundation’s ‘Pathways to Progress’ initiative to prepare the urban youth to thrive in today’s economy.
It stated, “Led by the philanthropic efforts of the Citi Foundation, and strengthened by the active involvement of dedicated Citi volunteers, the ‘Pathways to Progress’ initiative supports programmes that help young people build an entrepreneurial mind-set, acquire leadership, financial and workplace skills, and begin to engage in the formal economy through a first job,” Citibank said in a statement.
“Funded with an $80,000 grant from the Citi Foundation, the BTC is designed to equip youths between 13 and 18 years with the leadership, life and employability skills required to achieve personal excellence, build and stretch their career ambition and help them transition into higher education, paid employment or profitable self-employment.
“The BTC aims at reaching 450 students and 15 teachers in public schools in Lagos State from 2018 to 2019.”
The Pathways to Progress and BTC also support the United Nation’s Sustainable Development Goal No. 8, reducing youth unemployment.
According to Citibank statistics, the unemployment rate for young people between 16 and 24 years is three times higher than it is for adults, with an estimated 71 million youths around the world seeking jobs in 2017.
“The needs are even greater among low-income youths who encounter even bigger hurdles accessing education, skills training opportunities and jobs,” the bank said.
The Chief Executive Officer, Citi Nigeria, Akin Dawodu, stated, “If we are to grow our economy and safeguard our communities, we must invest in the development of Nigeria’s youths during their formative years and ensure they are on the right economic path.
“Citi and the Citi Foundation have leveraged their global footprint in developing tried and tested solutions to tackle youth unemployment across. Our partnership with LEAP will ensure that the students experience tailored interventions and first-class teaching, which will impact