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/GEEITREALMS ... everything news digitally!