PAN Launches Shade Tree Youth Empowerment Initiative (STYEI)
PAN Launches Shade Tree Youth Empowerment Initiative (STYEI)
MD/CEO PAN, Ibrahim Boyi has said that the company has always been at the forefront of automobile development in Nigeria, spanning decades.
He expressed this at the company’s premises in Kaduna during the official launching of the Shade Tree Youth Empowerment Initiative (STYEI).
He assured that within six months, with the 80,000 euro grants received alongside support from Peugeot Foundation, no fewer than 30 Shade Tree Pilot Scheme Quick Auto Service Centres will be roll out, which will subsequently be replicated all over the country, with rural areas also targeted.
Boyi said that there have been changes in automotive industry in terms of sophistications and parts, which has created skills gap in the industry.
He explained that PAN through its world class learning centre has over the years been training. Altogether 1,200 youth, including 224 women.
The STYEI is part of PAN's Corporate Social Responsibility (CSR) program in collaboration with interested agencies and corporate bodies. It is targeted at closing skills gap in the automobile industry in the country, providing a formalized operating structure for the largely loose, fragmented and unregulated auto mechanics across the country with the value proposition of adequate capitalization, training, and compliance with specific standards and business trajectory,
The program would be funded through the Shade Tree Trust Fund, which is independent and funded by public organisations, private individuals and international development partners.
The scheme will standardize primary automobile service centres, offer opportunities for economic empowerment.
