Did You Receive a Mail from Sweat Your Assets Programme? Here's What You Should Know.

Did You receive any mail from YALI Sweat Your Assets Programme; Well, here are important stuff you should know.
Jobzilla's attention has been called to a success mail sent out by a company called Intuivar Limited with the title "Sweat Your Assets Programme- Semi Finalist" and from this email address - [email protected]

Read the mail below:

Congratulations!
On behalf of our sponsors, we are genuinely pleased to offer you a place in the Sweat Your Assets Programme July 2016 cohort! After reviewing over 3,000 applications, through a very competitive selection process, we believe you will be a valuable participant and become one of the leaders who will make a difference in Nigeria.

Together with your diverse group of peers, you will be immersed in a unique educational opportunity that embraces experiential learning, scholarship, mentorship and collaboration. We believe that once you have successfully completed the 6-week program, you will be a part of the next generation of innovative leaders who are empowered to shape the future of Nigeria.

Please note carefully:
The Sweat Your Assets Programme is built on the sustainability strategy of “Paying it Forward”. This means your participation has being fully paid for; however in order to take up this offer, you must reciprocate this gesture by paying anonymously for someone to attend the next cohort. You are kindly required to make a minimum goodwill contribution of N10, 000.00 (Ten Thousand Naira Only) towards the sustainability of this programme before the 1st of July, 2016.

We highly recommend that you make your contributions early enough to confirm your slot. If for any reason you are no longer interested, kindly inform us no later than 1st of July 2016 so we can extend your slot to someone else.

Kindly make your contributions to:

Intuivar Limited
0012127039
GT Bank

Successful finalists will be contacted with further details of location, schedule and other important information. We are confident in the impact you will have after successfully completing this
programme.

Congratulations again!

We look forward to meeting you in person.

Sincerely,
Henry Akwuebu
Coordinator Sweat Your Assets
Tel :( +234) 8036460181
Email: [email protected]


Let me break this down for you.

First, The Young African Leaders Initiative (YALI) is U.S President Obamaʼs signature effort to invest in the next generation of African entrepreneurs, educators, activists and innovators.
President Obama launched YALI in 2010 to support young African leaders as they spur growth and prosperity, strengthen democratic governance, and enhance peace and security across Africa.

One of the Fellowship Programmes under YALI is The Mandela Washington Fellowship for Young African Leaders which brings 500 dynamic young African leaders, ages 25-35, from across the continent to the United States for 6 weeks of leadership training and mentoring at twenty U.S. universities and colleges. Upon returning to their home countries, the Fellows have access to professional development opportunities, mentoring, networking and training, and seed funding to support their ideas, businesses, and organizations.

Meanwhile, see The 2016 Mandela Washington Fellowship Programme, which is currently ongoing.

For more information on this, visit https://yali.state.gov/yali-africa/

YALI also offers free online courses designed to give you advanced practical knowledge of Business & Entrepreneurship, Leadership, Public Management and Civic Leadership.
 To take these course, visit  yali.state.gov/courses

And for more frequently asked questions on YALI, visit https://yali.state.gov/courses/faq/

Now back to the mail.

A part of it says "The Sweat Your Assets Programme is built on the sustainability strategy of “Paying it Forward” ". And another part says "you must reciprocate this gesture".  This is ridiculous. In essence, you must pay a minimum of ten thousand naira to participate in their programme. Why? This simply doesn't conform to the core values of YALI.

Even if one has to pay, why must it be into the GTBank account of a private company independent of YALI? Is payment a criterion to proceed to the final? The last time I checked, participants are supposed to get seed funding to support their business ideas and not the other way round. I think there are lots of questionable phrases one can make out of this mail.

Given the stated facts and in my opinion, this whole Sweat Your Assets Programme thing ooze of fraud. Attend at your own peril.