Igbo Apprenticeship Model Most Popular Way to Build Wealth in Nigeria– Osinbajo

Vice President, Prof. Yemi Osinbajo has hailed Igbo apprenticeship design.

He stated the apprenticeship design is a good way of structure wealth among individuals.

Osinbajo spoke essentially from Abuja to individuals of a national top in Awka, convoked to understudy the design, which is said to have produced numerous millionaires.

Speaking on the design which is widely referred to as ‘igba boi’ in Igbo language, Osinbajo harped on the need to motivate the scheme to ensure continuation.

“The Igbo apprenticeship plan ‘igba boi’ has actually become the most popular native Nigerian economic institution, worldwide recognized as the world’s largest service incubator.

“The plan has the full capacity to do for the Nigerian economy what comparable apprenticeship plans have actually performed in numerous parts of the world, particularly in Germany and India.

“I applaud the organizers of the occasion, and I’m confident that the summit will enhance the development and possibilities for the Igbo apprenticeship scheme.”

While speaking on the style: Repositioning The Igbo Apprenticeship Scheme For Sustainable Economic Development, the Keynote speaker and Chairman, United Nigeria Airlines, Dr. Obiora Okonkwo advised that the plan needs to be institutionalised.

Okonkwo attributed his success in life to the Igbo apprenticeship scheme which he said he took part in during the early days of his life at Onitsha primary market, Onitsha, Anambra State.

“I am sure some of you may have been wondering why I was chosen to deliver the keynote at this occasion. The easy response is that the apprenticeship plan and the Onitsha Main Market hold an extremely special location in my heart as that was where I had my first stint in organization.

“My daddy died when I was 14 years old, forcing me to integrate my secondary school education with managing the business and his apprentices. That indicated I went to school in the early morning and continued at the Main Market in the afternoon. That fundamental trading experience, in many respects, helped hone my organization instincts and also instilled in me a deep sense of market and effort that has actually specified my life’s journey to date.”

Okonkwo stated due to the fact that of the experience, when the Nnamdi Azikwe University Business School in July 2019 honoured him with the ‘Philanthropist of the Year Award’, it was only natural for him to try to give back by enhancing a major research job on the future of Igbo entrepreneurship.

The National Summit on Igbo Apprenticeship Scheme was organized by Anambra Broadcasting Service (ABS) in collaboration with the Awka Chamber of Commerce, Industry, Mines and Agriculture.