German Corporation Trains Ogun Stakeholders on Project Financing


James Sowole in Abeokuta

The German International  Development Cooporation (GIZ), has embarked on capacity building training workshop for Local Economic Development (LED) stakeholders in Ogun State.

The training was aimed at building i skills of participants, on how to identify genuine sources of financing development projects that are beneficial to the masses.

The training, which would be held in nine

local government areas of the state and the 10th one at the State level, started with the  LED Team, in Abeokuta Local Government area of the state.

Speaking at the opening of the training  for the first set of trainees, the Local Economic Advisor for GIZ,  Ogun State, Mr Sunday Idahosa, said the training will equip LED beneficiaries with what they need to implement masses oriented projects.

He explained that GIZ decided to embark on the training for the LED members in the nine zones in Ogun State in order to improve their capacity to win funds from a number of key donors and funding agencies.

He said the programme under the theme

‘Pro-Poor Growth and Promotion of Employment in Nigeria Programme-(SEDIN) will hold in nine local council areas of the state.

Also speaking, the Consultant for GIZ, Ogun State, Dr Dare Akerele of Federal University of Agriculture, Abeokuta, said the training is meant to build capacity of selected LED beneficiaries to get them acquinted to strategies on how to get fundings for  masses oriented projects.

He said, “We are training them to famliarise and update LED members, with appropriate and genuine sources or

grant and social finance with proven track records;

“We are training them to mprove capacity of LED Fora to win funds from a number of

key donors and funding agencies;

“We are training participants with skills and  understanding of the basics of grant proposal writing and development  for their businesses.

“The training will provide information on grant management for successful project implementation.

He also explained that the training will afford, participants to have more knowledge of the various sources of grants, their status in relations to grant calls, what the donors look for in proposal, why proposal fails, and eligiblity criteria.

“Familiarize themselves with key fundamentals of grant management”

He explained that LED Fora consisting of pubilic-private sector and Non Governmental Organisation (NGO), representatives that are responsible for stimulating and promoting activities aimed at achieving sustainable economic development in a local government area. 

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