Goodluck Jonathan during his tenure as Nigeria’s President initiated the YouWin! Small and Medium Enterprise, SME Growth Fund responsible for creating over 22,000 jobs – but as Muhammadu Buhari took over as President, it was put on hold with intention to scrap.
However, a source revealed that Buhari has succumbed to pressure and has given his approval for the YouWiN relaunch.
The source disclosed that Buhari was initially unconvinced about the programe but finally bowed to pressure to continue with YouWiN but, albeit, under a new name.
This laudable project was began by former president Goodluck Jonathan with sponsorship from World Bank under the coordination of Dr. Ngozi Okonjo-Iweala.
This affected the payment of the YouWiN3 Awardees who up till now have not received their 2nd and 3rd tranches. Expectedly, this has affected their businesses threatening them to the point of folding up if nothing is done to pay them the remaining funds.
In order not to get Nigerians talking about the government copying the works of the “ineffectual Buffon” as tagged by The Economist, a new name and a new platform has been created.
The YouWiN Programme has been renamed “BUSINESS INNOVATION GROWTH (BIG)” by the Buhari administration.