The telecommunication giant, MTN Nigeria Communication Plc recently reached a partnership agreement with Yaba College of Technology (YABATECH) to finance skill training for youth, and youth empowerment in general.
The partnership will enable MTN to support and fund the growth of twenty (20) students enrolling in Yabatech’s upcoming skill-in-demand project.
However, the duration of the partnership is one year, subject to renewal. MTN shall reward the top 10 recipients with mobile phone startup kits worth N345,700.00 each to empower them with the needed tools to start a sustainable business.
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Furthermore, MTN shall pay the sum of N5,457,000.00 as a sponsorship fee which includes; honoraria to facilitators of theoretical training (3 months) for 20 students, honoraria to master craftsperson for practical training (3 months) for 20 students, transport fare to 20 enrolled students, and full mobile phone related startup kits for10 students.
The Sponsorship Fee shall be paid in advance to facilitate Yabatech of the Services subject to the provisions of the agreement, while MTN shall withhold the cost for the full mobile phone-related startup kits until the top 10 Recipients emerge following the conclusion of the Project.
The good gesture from MTN gladdens the heart of Management, staff and students of the College, and the leadership of the School was full of appreciation to the telecommunication giant, for the benevolence act and for the partnership of progress.