Entrepreneurship: NVMA, Farm alert disburse N20m to young veterinarians

The Nigerian Veterinary Medical Association (NVMA), in collaboration with Farm Alert Limited, has empowered young veterinarians through its Vetpreneurship Program.

The NVMA is disbursing N20 million in cash and products to promote entrepreneurship among young veterinarians across the country.

During the grant ceremony held in Abuja, NVMA President Dr. Moses Arokoyo explained that the Vetpreneurship Program aims to foster innovation and entrepreneurship in the veterinary sector.

He stated that this initiative will positively impact food security and help empower the younger generation, thereby reducing the unemployment rate, which stood at 4.2% in 2023, and addressing the poverty rate, which was estimated to have reached 38.9% in 2023, meaning an estimated 133 million Nigerians are multidimensionally poor.

Dr. Arokoyo, while appreciating the CEO of Farm Alert, Dr. Femi Kayode, for collaborating on the project, congratulated the awardees for their dedication, commitment, and passion for animal health, as demonstrated through their application pitches.

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He emphasized that the selection process was fair, ensuring that only the most deserving candidates were chosen from a pool of excellent veterinarians. He assured them of comprehensive training and mentorship from experienced veterinary professionals.

The financial support provided through this program is expected to address critical needs in the veterinary sector, including the procurement of essential supplies and infrastructural development.

This initiative is part of the Nigerian Veterinary Medical Association’s broader efforts to combat unemployment, create job opportunities for the teeming younger population, and stimulate economic growth in the nation.