Lagos State Governor, Mr. Akinwunmi Ambode on Thursday donated N5 million to two students of Lagos State College Of Health Technology who designed new technology of generating Biogas through the treatment of animal waste.

The students – Sarunmi Oluwafemi and Dada Samuel, were among the 422 successful graduates of the Ready, Set, Work (RSW) programme of the State Government targeted to equip graduates of tertiary institutions in the State with necessary entrepreneurial skills and to make them emerge as ready products for the increasingly competitive labour market, as well as job creators.

Oluwafemi and Samuel, who emerged as first place winners of the pitch competition of the programme, were equally given N1million seed funding and placed on N100,000 monthly working capital for six months, all geared towards encouraging their business idea to grow.

The business idea, which is Biogas production, involves the treatment of animal waste in order to generate Biogas which can be used for domestic cooking, generation of electricity and other purposes. The technology is targeted at providing a potential substitute for the ever costly liquefied petroleum gas.

Speaking at the graduation ceremony, Governor Ambode said his administration remained strongly committed to capacity building, entrepreneurship empowerment, and sustainable youth development, adding that the RSW initiative was one of the initiatives targeted at youth empowerment.

While stating that the future of Lagos and indeed the country lies in the hands of the youth who constitute a significant portion of the population, Governor Ambode said his objective is to allow students of tertiary institutions in the State have access to initiatives such as the RSW and other programmes.

Besides, Governor Ambode congratulated the 422 successful graduates of the scheme, recalling that the RSW, which lasted for 13 weeks, had been a journey requiring passion, diligence, discipline and perseverance.

Apart from the first place winners of the pitch competition, second place winners – One Box Group was given N500,000 and placed on N100, 000 monthly working capital for six months, while the third place winners – Artisans On Campus, a group with online business plan, was given N250, 000 and equally placed on N100, 000 monthly working capital for six months.

Also, 80 students were placed on apprenticeship slots, while 92 were placed on employability module.

See photos taken at the event below: