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A well-known social entrepreneur in Nigeria has launched a fund to help the nation's unemployed youth, the Guardian reports.
Kennedy Iyere, who is also known as "Kennedy the Social Entrepreneur," says he was inspired to create the FUND-YES Entrepreneurship Enhancement Fund after he heard about the nation's youth unemployment.
"Millions of Nigerian youths and women who are today unemployed are not dull or lazy but intelligent, educated and skilled people with brilliant business ideas who unfortunately lack access to the business financing and enterprise development assistance needed to set up and grow their own businesses," Iyere says.
"If nothing is done to reverse Nigeria's trend of high unemployment, millions of angry youths will sooner than later translate their frustration into a full-blown anti-government rebellion and indeed a social revolution," he adds.
The Guardian notes that Iyere's fund is not the first to help the nation's unemployed, but it's the first to actually help them start their own businesses.
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