First
class promoter of 21st century knowledge through quality education,
practical entrepreneurship, healthy living and enhanced lifestyle, the Leo-Stan
Ekeh Foundation, has lifted YUBOSS with the sum of N1.5B, reports ITRealms.
YUBOSS,
ITRealms reports is an entrepreneurship and wealth creation scheme set up by
pioneer composite retail chain Yudala and supported by Access Bank and Airtel.
This
is coming as all is now set for the official unveiling of YUBOSS scheme by the
Honourable Minister of Labour and Productivity, Senator Chris Ngige this Friday
by 6pm, at the Sheraton Hotel Abuja, as part of activities at the Yudala Zero
Gravity Contemporary Music Concert which will feature leading artistes such as
Phyno, Naeto C, Cynthia Morgan and David Grey, among others.
ITRealms
also gathered that YUBOSS is a credible platform powered by Yudala for hard
working Nigerian youths with the right business mindset and creative energy to
become their own bosses and certified billionaires in the near future without
being indebted to any bank.
Thus,
YUBOSS members are entitled to attractive commissions and credit facilities as
well as a wide range of benefits including business mentorship sessions and
capacity-building workshops.
Affirming
this development, Head, Wealth Creation department of the Foundation, Mrs.
Ibukun Toluwase, explained that the scheme was structured to see members rise
through the ranks and ultimately become the part-owner of a Yudala franchise
store when they achieve platinum status.
As
said by her, the sum of N500m will be disbursed to qualified agents of Yudala
in the first 12 months interest free and those who perform exceptionally well,
will benefit from an additional investment of N10m each, interest free for at
least two years before repaying the capital.
“The
Foundation’s strategy is to partner indirectly with practical entrepreneurs who
will not rely on banks to create billions, especially in this period when our
banks are very reluctant to lend,” she said.
She
pointed out that the aim is to use a successful platform such as Yudala Online
and Offline retail stores located nationwide to build up quality entrepreneurs
who could create, defend and sustain wealth even during disruptive periods such
as the one Nigerians are passing through at the moment.
“All
qualified YUBOSS members will be fully documented, trained and mentored by Mr. Ekeh
himself,” she declared, stressing that already, the foundation has installed digital
infrastructure like video conferencing and other smart devices in major
cities like Abuja, Port Harcourt, Imo and Lagos, among others to make online
interaction live.
“We
intend to achieve this in all state capitals for easier mentoring,” she assured.
Chuks Egbune/GEE
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