Adamawa: 65,000 persons each get N50,000 business support grant

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 22 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Adamawa News

Annual Businessday Banking Awards

A total of 65,000 people in Adamawa State have been selected to receive N50,000 each as a business support grant.

Governor Ahmadu Fintiri on Tuesday launched the third series of his Fintiri Business Wallet, an empowerment programme supporting micro, small, and medium enterprises, MSMEs, under which the 65,000 beneficiaries will receive their packages. The programme, which focuses on empowering youths and women to reduce poverty by boosting commerce, provides each beneficiary with the N50,000 grant to support their businesses.

In his speech during the flag-off of the grant distribution, Fintiri emphasised the importance of institutionalising poverty alleviation efforts rather than relying on occasional handouts. Noting that the Fintiri Business Wallet has already empowered 20,000 women and youths in the state during the first two batches, the governor said the programme provides financial support to business owners and promotes family stability.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSÄ°NESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines