SV-NED Partners NYSC To Drive Economic Growth, Job Creation
The inauguration of the Project Implementation Committee (PIC) between Silicon Valley Nigeria Economic Development (SV-NED Inc. USA/SV-NED Energy Ltd) and the National Youth Service Corps (NYSC), in collaboration with foreign investors, is set to propel Nigeria’s economic growth, skills development and job creation under President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Speaking during the ceremony in Abuja, HRH Queen Mother Amb. Amina Temitope Labinjo Ajayi, also known as “Mama Diaspora” and Chairman of SV-NED Inc. USA/SV-NED Energy Ltd, described the partnership as a milestone aimed at empowering Nigerian youth and fostering national unity.
“The inauguration of this committee is a strategic step toward achieving national goals. The partnership aligns with the Renewed Hope Agenda of President Tinubu, as it focuses on initiatives such as the Compressed Natural Gas (CNG) Conversion Centre and affordable housing projects,” she said.
Amb. Ajayi further reiterated the commitment of SV-NED and NYSC to providing leadership and guidance for the successful implementation of the projects, emphasising their potential to create opportunities for Nigerian youths and boost the economy.
The NYSC Director-General, represented by the Director of Legal Services, also highlighted the collaboration’s benefits, stating that it would extend beyond primary assignments to equip corps members with knowledge of the oil and gas sector.
Dignitaries present at the event included Momoh Mohammed, NYSC Director of Ventures; Mr. Christopher Ogar, NYSC Director of Legal Services; Mr. Kehinde Aremu, NYSC Director of Sales; and Engr. Kamaru Busari, Director of Upstream at the Ministry of Petroleum Resources.
The event also showcased housing initiatives under the Ministry of Housing and Urban Development, with Ajayi revealing plans to address Nigeria’s housing deficit through the construction of 10,112 housing units, as part of the Renewed Hope Cities and Estates Programme.
The ceremony concluded with a pledge by stakeholders to work collectively toward achieving the goals of the partnership, ensuring it serves as a model for sustainable economic growth in Nigeria.