{"id":1287628,"date":"2026-11-01T14:56:15","date_gmt":"2026-11-01T14:56:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1287628\/"},"modified":"2026-11-01T14:56:15","modified_gmt":"2026-11-01T14:56:15","slug":"seyi-vodi-i-started-business-with-n3600-nysc-allowance-daily-trust","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1287628\/","title":{"rendered":"Seyi Vodi: I Started Business With N3,600 NYSC Allowance \u2013 Daily Trust"},"content":{"rendered":"<p><strong>Nigerian fashion designer and founder of Vodi Group, Seyi Vodi, has recounted how he started his entrepreneurial journey with his N3,600 monthly National Youth Service Corps (NYSC) allowance.<\/strong><\/p>\n<p>He urged beneficiaries of a multi-billion-naira empowerment programme in Kwara State to embrace discipline, patience and prudent financial management.<\/p>\n<p>&#13;<\/p>\n<p>Vodi spoke during the unveiling of a N4.2bn empowerment package by former All Progressives Congress (APC) governorship aspirant, Ambassador Abdulfatai Yahaya Seriki-Gambari, in Ilorin.<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>The intervention comprised N1bn in cash and about N3.2bn worth of equipment and other items.<\/p>\n<p>&#13;<\/p>\n<p>It also includes 150 vehicles and modern sewing machines presented as support for residents to improve their livelihoods and establish sustainable businesses.<\/p>\n<p>Seriki, who is the Managing Director of Kursi Investments Limited, Abuja, also declared that the initiative was intended to mobilise support for President Bola Tinubu and Vice-President Kashim Shettima ahead of the 2027 general elections.<\/p>\n<p>Speaking at the event, Vodi said he began trading while serving as a corps member.<\/p>\n<p>He said he used his modest monthly allowance to identify business opportunities and gradually build an enterprise.<\/p>\n<p>He recalled travelling to Aba market in Abia State to purchase men\u2019s boxers, which he subsequently resold to fellow corps members at a profit.<\/p>\n<p>According to him, the experience taught him the importance of identifying opportunities, starting small and reinvesting available resources rather than waiting for substantial capital.<\/p>\n<p>Vodi said his journey to business success was neither immediate nor effortless.<\/p>\n<p>He noted that it took more than 26 years of hard work, discipline and gradual expansion to build his business to its present level.<\/p>\n<p>\u201cFor my business, we grew step by step. It took me almost 26 years and more to get here,\u201d he said.<\/p>\n<p>He cautioned beneficiaries against diverting empowerment funds and equipment to luxury consumption, particularly expensive phones and other items that would not contribute to their economic growth.<\/p>\n<p>\u201cYou have to be prudent. You need money to scale up your business. A beneficiary who receives an industrial machine can multiply it in the coming years if they are prudent,\u201d he said.<\/p>\n<p>The fashion entrepreneur also advocated skills-based empowerment.<\/p>\n<p>He argued that providing beneficiaries with vocational tools and equipment could deliver more sustainable results than distributing cash without assessing their needs and business capacities.<\/p>\n<p>\u201cThe best form of grant is empowerment through skill acquisition tools. You don\u2019t just give people grants or empowerment without first doing due diligence. You don\u2019t pluck money from a tree. Money doesn\u2019t come easily,\u201d he said.<\/p>\n<p>Also speaking, human rights activist, Deji Adeyanju, urged beneficiaries to embrace patience, discipline and delayed gratification.<\/p>\n<p>He warned that careless spending could undermine the objectives of the intervention.<\/p>\n<p>He specifically cautioned against using funds meant for business development to acquire expensive phones and other luxury items.<\/p>\n<p>Earlier, Seriki said the empowerment programme was motivated by his desire to give back to society and create opportunities for people to improve their economic circumstances.<\/p>\n<p>\u201cThe purpose of this empowerment is to help people progress in their own way. All I am doing is giving back to the society that brought me this far,\u201d he said.<\/p>\n<p>He added that people who had attained financial success should use their resources to improve the lives of others.<\/p>\n<p>\u201cWhen God blesses you and you have enough, failing to make other people smile means you are poor in spirit. Making other people happy is something I strongly believe in and enjoy doing,\u201d he said.<\/p>\n<p>Mustapha said the intervention was not the first time Seriki had undertaken a major programme to support residents.<\/p>\n<p>He expressed hope that the gesture would not be his last.<\/p>\n<p>The senator also challenged his opponents to identify verifiable contributions to infrastructure and human capital development made before assuming public office.<\/p>\n<p>\u00a0<\/p>\n<p>    UPDATE NEWS:<\/p>\n<p style=\"color: #555;\">&#13;<br \/>\n        Nigerians can now invest <b>\u20a62.5 million<\/b> on premium domains and profit about <b>\u20a617-\u20a625 million<\/b>. All earnings paid in <b>US Dollars<\/b>. Rather than wonder, &#13;<br \/>\n        <a href=\"https:\/\/softbrite.com\/l\/dttxtdec2025\" style=\"color: #007bff; text-decoration: none;\" rel=\"nofollow noopener\" target=\"_blank\">click here to find out how it works<\/a>.&#13;\n    <\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n            &#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n","protected":false},"excerpt":{"rendered":"Nigerian fashion designer and founder of Vodi Group, Seyi Vodi, has recounted how he started his entrepreneurial journey&hellip;\n","protected":false},"author":2,"featured_media":1287629,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3094],"tags":[51,3134,16,15],"class_list":["post-1287628","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entrepreneurship","tag-business","tag-entrepreneurship","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/117541770959903593","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1287628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1287628"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1287628\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1287629"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1287628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1287628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1287628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}