Women
SALE Mamman, the Minister of Power says about N5.8 million has been disbursed to 584 women and youths in Taraba under the Micro-Enterprise Enhancement Scheme (MEES).
Speaking at during the disbursement of the loan on Monday in Jalingo, Mamman said that the gesture was part of the strategies adopted by the Federal Government to bring more Nigerians out of poverty.
Mamman, represented by his Special Assistant on Administration, Alhaji Gambo Karim said that the gesture was to assist President Muhammadu Buhari in rolling out life-transforming programmes.
“Today, we have seen the practical demonstration of the president’s promise to women and youths who are engaged in small businesses.
“The enhancement of many micro-businesses will lead to aggregate economic boom because such small ventures are building blocks of larger businesses.
“We have confidence in the beneficiaries of this micro-enterprises enhancement scheme because most of them are already business owners,” he said.
The minister commended the National Directorate of Employment (NDE) for its efforts toward reducing unemployment in the state.
He assured of a continuous partnership with the NDE to ensure that the people of the state continued to benefit from the dividends of democracy.
Earlier, Dr Ladan Argungu, the Director-General of the NDE said that the directorate had embarked on various employment promotions and poverty reduction activities for the citizenry.
Argungu, however, observed that the major constraint in achieving the goals of the directorate was lack of access to microcredit with a human face.
According to him, most organisations and privileged individuals are not willing to lend to this category of underprivileged persons.
Argungu, who was represented by Alhaji Aderemi Adebisi, Coordinator of the NDE in Taraba, commended the minister of power for the collaboration with the NDE to disburse the loan at the rate of N10, 000 per individual.
He said the loan would boost existing micro-enterprises and facilitate the establishment of new small businesses.
He said that the loan would reduce idleness by engaging beneficiaries in profitable economic activities and enhance family income.
One of the beneficiaries, Miss Doris Yakubu commended the Federal Government for the initiative, saying that the amount given to them would go a long way in boosting their businesses.
The News Agency of Nigeria (NAN) reports that beneficiaries were selected from the 16 local government areas in the state. (NAN)
– Aug. 31 2020 @ 15:15 GMT |
Tags: 584 youths women benefit from micro enterprises scheme in Taraba
