Facebook, FATE Partner To Impact Nigeria’s Economy


‘Facebook, FATE  Partner To Impact Nigeria’s Economy’
By Josh Babatunde

Largest global social media platform; Facebook disclosed that it Intends to have a positive impact on Nigeria’s economy and society.
This, would become achievable by shaping entrepreneurs and future business leaders to promote innovation, job readiness and digital literacy.
According to Facebook,its mission is to give people the power to build communities and bring the world closer.
Based on these statements, it is organising the 2018 edition of the Aspiring Entrepreneurs Digital Program,(a month-long bootcamps for entrepreneurs across the country) in conjunction with the FATE foundation.
“The Aspiring Entrepreneurs Digital Programme is a free four-week bootcamp for select entrepreneurs in seven cities : Lagos, PortHarcourt, Abuja , Ibadan, Calabar, Kaduna and Enugu, where participants would learn the fundamentals of digital marketing for business coupled with key entrepreneurship skills designed to improve their businesses”.
Commenting on the month-long boot camps to be held in seven cities for entrepreneurs across Nigeria,  Facebook Public Policy Director, Africa, Ebele Okobi,said “The programme would be broken into streams that would run four times a week (Mondays to Thursdays) over a four-week period, in the form of practical workshops and learning sessions – all with a strong digital marketing component in the curriculum.
“Lectures would cover business model canvas, business plan development, budgeting, financial management and financial reporting, marketing and pricing strategies, people management, raising financing, business pitching, and digital marketing ,which includes using Facebook business tools”.
She further stated that as one of many high-profile partnerships by Facebook, the trainings are aimed at helping to develop and nurture communities, including small businesses, the tech and start-up ecosystem, youths and creatives in Nigeria.
“It is open to participants between the ages of 18-35 years, those selected, would be able to attend the programme,which will roll-out in Abuja: March 12 – April 6,Ibadan: April 16 – May 11, Port Harcourt: May 21 – June 15, Lagos: June 25 – July 20, Calabar: July 30 – August 24,Kaduna: September 3 – September 28, and Enugu: October 8 – November 2, 2018. Adding that graduates would have an opportunity to receive mentorship from the Fate Foundation for a year along with other program incentives.
Also speaking on the collaboration,Executive Director, FATE Foundation, Adenike Adeyemi said: “We believe programmes like these are vital to building and developing the skills of the next generation of entrepreneurs in Nigeria. At the heart of what we do is harnessing the already strong entrepreneurial culture of Nigerians, whilst providing the knowledge and support required to fully explore their innovative potential, and we look forward to working with Facebook to help achieve this.”