MEDA Blog - Stories from the Field
Mark Akpan is a financial inclusion and business management professional. He facilitates and coordinates in-country MEDA program activities on capacity strengthening of targeted financial partners to develop youth inclusive, gender responsive and environmentally responsible financial products and services for youths on the Youth, Leadership, Access, Entrepreneurship and Development (YouLead) Project in Cross River State, Nigeria.

Linking Young Entrepreneurs with Nigerian Micro-Finance Banks

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Youth Unemployment in Cross River State was pegged at 46 percent by Senator Liel Imoke, the past governor of Cross River State in 2013 during the commissioning of the Central Bank of Nigeria sponsored Entrepreneurship Development Centres in Calabar.1

With little and near absence of employment opportunities in the Nigerian public sector, youth unemployment has become a great concern for the government of Cross River State Nigeria. While past governments made spirited efforts to find solutions to this through national and international collaborative programs on entrepreneurship and various skills acquisition programs; the population of urban and rural unemployment continues to increase. A conscious probing into the cause of the enigma of unemployment in the state points in the direction of a number of factors such as insufficient skills, access to finance, incompatible/unenforced policies, poor infrastructure, poor educational system, etc.

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