By signing up and/or using this site or our app, you agree with our terms and conditions of service effective April 1, 2019 as follows;

1. Introduction

Africa Graduates Industrial Initiative is designed to train Senior Secondary school students and Students of Tertiary institutions on to Basic Practical Industrial skills. AGII is a Non-Governmental Organization registered with the Corporate Affairs Commission under the laws of the federal Republic of Nigeria.

2. Mission

- To foster sustainable economic development in African countries.
- To be dignified for reducing unemployment rate to the barest minimum.
- To link graduates to industrial hands-on experience and work knowledge.
- To encourage students on research and development of eco-friendly products.

3. Our Vision

To accomplish an industrial driven generation.

4. General Terms

1. These rules shall guide the activities on/and the usage of AGII’ website.
2. The operations of AGII kicked off on Monday, 1st April 2019.
3. Definitions: - In these rules, unless otherwise stated:
3 (a) ‘AGII’ means Africa Graduates Industrial Initiative
3(b) ‘Nest’ means a subscription package opened by the subscriber in line with the provisions of these rules.
3 (c) ‘Act’ means the Government Savings Banks Act (savings and loans)
3 (d) ‘Nesting’ means the money deposited in a nest under the provisions of these rules.
(e) ‘Subscriber’ means an individual who has signed up for a nesting package: by whom, or on whose behalf, money is deposited in his account under a nest and who is on an AGII program under these rules.
(f) ‘Form’ means a form appended to these rules.

5. Subscription

(1) Any subscriber may sign up on the website by completing the three steps registration.
(2) A subscriber must not attempt to/or operate more than one nest.

6. Nesting and Withdrawal

(6.1) Only three AGII Nesting packages are recognized under these rules as follows:
AGII Basic Nesting package N2,000/month = N24,000 per session.
AGII Standard Nesting Package N3,000/month = N36,000 per session.
AGII Premium Nesting package N10,000/month = N120,000 per session.

(6.2) The annual nesting shall be made as monthly installments, Term/Semester or annual deposit as convenient.
(6.3) The start off month shall be January in the case of Secondary School Subscribers and the month of onset of the academic calendar for every new session as applicable to Higher Institution subscribers.
(6.4) Except as provided in rule 10, under these rules, no withdrawal shall be approved before a period of two years from the date of opening of a nest.
(6.5) in the case of excess deposit, the subscriber shall be notified by AGII to withdraw the excess deposit immediately or allow it for the subsequent payment.

7. Mode of Deposit

(i) Through AGII Online App payment portal at .
(ii) Through designated banks and/or financial institutions.

8. Nomination

In the event of death of a subscriber, only the Next Of Kin designated on the subscribers account shall be entitled to payment due on the account. The Next Of Kin so designated shall by the subscriber be verified and documented accordingly.

9. Increment on Nesting

(9.1) The deposit made under these rules shall attract increment of 18% for the stipulated nesting period compounded annually from the first month of subscription.
(9.2)Increment shall be payable along with the deposited sum at the closure of account.
(9.3) Increment shall accrue as compounding to the time of account closure and rounded off to the nearest figure in thousandth.

10. Closure of Account

(10.1) Rustication: If a subscriber is rusticated from his/her tertiary institution of studies, such account shall be closed and funds paid out with full increment accrued to the beneficiary within three months from the date of rustication.

10.2 Emergency account closure

In case of a subscriber facing a critical disaster such as near death, terminal illness or act of nature, such account shall be closed and in the knowledge of the next of kin, funds paid out to the beneficiary with full interest accrued to the beneficiary within three months from the date of account closure.

10.3 Death of a Subscriber

In case of death of a subscriber before maturity, the account shall be closed and deposit paid out to the nominated and verified Next Of Kin with full increment accrued to the beneficiary within three month from the date of account closure.

10.4 Maturity of Fund

Funds are described as matured at the completion of duration of AGII Skill package stipulated in rule No 6. The subscriber shall be entitled to withdraw and close the account. The application shall be made through the AGII website or the AGII office. The funds shall be paid out within one month of application to the subscriber’s nominated bank account.
In case the depositor does not close the account on maturity and/or does apply for pay-out, the account shall be treated as matured. Hence, shall cease to attract any increment.

11 Defaulting monthly subscription payment

If a subscriber defaults payment for a period up to three consecutive months without any notification to AGII, he/she shall be notified or advised to take a lower package. In the event that such a subscriber still defaults payment, such account shall be treated as dormant and closed following three months of grace with only accrued fund paid out.

12 Online Portal

On opening of an account, the subscriber shall enjoy a secure Dashboard where he/she can view status and updates on their profile. He shall be given a unique identifier.

13 Transfer of account from one subscriber to another

Accounts are non-transferable, non-assignable to others.

14 Account opened in contravention of rules

Whenever it comes to notice that an account has been opened in contravention of these rules, the account shall be closed immediately by AGII and the deposit in the account shall after deduction of the charges if any, be refunded to the depositor.

15 Agreement

When you access our website at or our mobile applications as a User and Client, you are agreeing with the Terms of Use. Note: by this agreement a User is an individual who uses our website or mobile application to evaluate our services, or for educational purposes and a Client is an individual who signs up on that entitles the Client to have his/her nesting and portfolio managed by AGII. You also agree to our  Privacy Policy  which covers how we collect, use, share and store your personal information. This Agreement, as well as the  Privacy Policy , and any additional terms to which you agree when you subscribe and make nesting and or enrol in other packages, applies to both Users and Clients. Please read the following binding Terms of Use below.

16 Eligibility

AGII Subscribers must be students of approved Senior Secondary School or accredited Tertiary Institution in the African country of AGII coverage.

17 Your Access/Usage

In order to access certain features of AGII, you must complete the three steps registration and subscribe to a suitable Nesting package. AGII has physical, electronic and procedural safeguards that comply with regulatory standards to guard Users' and Clients' non-public personal information (see Privacy Policy). You are responsible for safeguarding your password and other User Account information. You agree not to disclose your password to any third party and in the case of loss, theft, unauthorised of your User Account, you should apply and complete your Password recovery or Password change process. As a User you agree that you shall be solely responsible for any activities or actions under your User Account, whether or not you have authorized such activities or actions. You agree that the information you provide to us on account registration through our website or mobile applications will be true, accurate, current, and complete.

18. Alerts, Notifications and Service Communications

By creating a User Account, you automatically sign up for various types of alerts via e-mail and mobile notification. We will not include your password in these notifications, but we may include your name, or email address and information about your portfolio(s) if you are a Client. Anyone with access to your e-mail or mobile device will be able to view these alerts. You may unsubscribe from marketing oriented emails at any time. By agreeing to this, you are responsible to keep your communication devices safe.

19. Disclaimer and Limit of Liability

AGII cannot be held responsible for any financial insights or recommendations provided to Users.

19.1. For a User who is not a Client

You understand and acknowledge that the investment results you could obtain from investment information and financial insights provided by AGII cannot be guaranteed and that AGII cannot be held responsible. Your election to engage in our Nesting packages is subject to your explicit acceptance of this Terms of Use. You agree and understand that your use of AGII is for industrialization purpose is not intended to provide legal, tax or financial planning advice. You agree as a User that you are responsible for your own financial decisions, that AGII is only one of many tools you may use as part of a comprehensive industrialization education process, you should not and will not rely on AGII as the primary basis of your investment decisions and, except as otherwise provided for herein, AGII will not be liable for decisions/actions you take or authorize third parties to take on your behalf based on information you receive as a User of AGII or information you otherwise see on our website.

19.2. Disclaimer Warranties

Your use of AGII website, and the personal information you provide is at your sole discretion. AGII website and all materials, information, products and services included therein, are provided without warranties of any kind from AGII.
AGII expressly disclaims all warranties of any kind, express, implied or statutory, relating to AGII's website, content and/or user information, including without limitation the warranties of title, merchantability, fitness for a particular purpose, non-infringement of proprietary rights, course of dealing or course of performance. AGII disclaims any warranties, express or implied:
1. Regarding the availability, security, accuracy, reliability, timeliness and performance of AGII's website, content and/or user information. 2. That AGII's website will be error-free or that any errors will be corrected. 3. That AGII's website will be free from electronic viruses. 4. Regarding the performance of or accuracy, quality, currency, completeness or usefulness of any information provided by AGII on its website including but not limited to information obtained through social media.
No advice or information, whether oral or written, obtained by you from AGII's website, shall create any warranty not expressly stated in this Agreement. If you choose to rely on such information, you do so solely at your own discretion.

19.3. Limitation of Liability

In no event shall AGII or any of directors, subscribers, or agents be liable to you for any damage whatsoever, including without limitation indirect, incidental, special, punitive, or consequential damages, arising out of or in connection with your use of AGII, content and/or user information, including but not limited to the quality, accuracy, or utility of the information provided as part of or through AGII or for any investment decisions made on the basis of such information, whether the damages are foreseeable and whether or not AGII has been advised of the possibility of such damages. The foregoing limitation of liability shall apply to the fullest extent permitted by law in the applicable jurisdiction and in no event shall AGII's cumulative liability to you exceed NGN20,000.

20. Dispute Resolution

If there is a legal dispute, it will take place in Federal High Courts under the Law of the country of AGII operation. You agree that these Terms of Use shall be governed by and interpreted in accordance with the country's local laws.

21. International Use

AGII is only for use in African countries.
AGII is only available for use in Africa. We make no representation that AGII is appropriate or available for use outside Africa. Similarly, we make no representations that accessing AGII from locations outside Africa is legal or permissible by local law. If you access AGII from areas outside of Africa, you do so at your own instance and you are to comply with local laws.

22. Miscellaneous

22.1. Communication: Any notice or communication will be in written English language via e-mail.
You agree that these Terms of Use and the rules, restrictions, and policies contained herein, and AGII's enforcement thereof, are not intended to confer and do not confer any rights or remedies on any person other than you and AGII. These Terms of Use together with the AGII's  Privacy Policy  and Client Agreement (if applicable) constitute the entire agreement between AGII and you with respect to the subject matter hereof. Any notice or other communication to be given hereunder will be in writing and given by
(a) AGII via email (in each case to the address that you provide), or
(b) you via email to or to such other addresses as AGII may specify in writing. The date of receipt shall be deemed the date on which such notice is transmitted.
Feedback: Your feedback is welcome and encouraged. You may submit feedback by emailing us at . You agree, however, that:
(i) by submitting unsolicited ideas to AGII or any of its employees or representatives, by any medium, including but not limited to email, written, or oral communication, you automatically forfeit your right to any intellectual property rights in such ideas; and
(ii) such unsolicited ideas automatically become the property of AGII. You hereby assign and agree to assign all rights, title, and interest you have in such feedback and ideas to AGII together with all intellectual property rights therein.

23. Questions: If you have any questions

This document constitutes AGII's complete Terms of Use for AGII and related services. If you have questions about these Terms of Use or about AGII or content thereon, please visit our contact web page on .