NDE to empower 42 youths with N4.2m in Yobe – Official

Mon, Dec 12, 2022
By editor
1 MIN READ

Economy

THE National Directorate of Employment (NDE) on Monday says it will soon disburse N4.2 million to 42 youths in Yobe under its Agricultural Empowerment Scheme.

NDE Spokesman in the state,  Alhaji Mohammad Alka made the disclosure in an interview with the News Agency of Nigeria (NAN) on Monday in Damaturu.

He said the Directorate had earlier trained the beneficiaries on Agricultural Empowerment Scheme, Sustainable Agricultural Development Empowerment, Agricultural Enhancement and Community Based Agric Empowerment Scheme.

Alka said each of the beneficiaries would receive N100,000 loan repayable in three years, adding the programme aimed at making the youth productive to become self-reliant.

He, therefore, charged them to utilise the fund for agribusiness as approved, warning that spending the money on other purposes would not be condoned. (NAN)

KN

Tags:


Yuletide: Abia, Imo residents groan as prices of food items soar

BARELY few days to this year’s Christmas celebration, the prices of food items have continued to soar beyond the reach...

Read More
Chad: New EUR 28m AfDB-funded solar project to boost Chad’s energy access

THE Board of Directors of the African Development Bank Group  has approved funding worth EUR 28 million to build solar power...

Read More
Madagascar: AfDB approves a grant of over $9m to strengthen protection, sustainable use systems for natural capital, ecosystems

THE Board of Directors of the African Development Fund – the African Development Bank Group’s concessional financing window – approved...

Read More