THE Katsina State Government said it had expended N2 billion on women and youths under its empowerment programme within the last three years.
Alhaji Abdulkadir Nasir, the Special Adviser to Governor Masari on Economic Empowerment disclosed this to newsmen in Katsina on Monday.
“Various youth and women groups have benefitted from different types of Loans under the Katsina State Economic Empowerment Directorate (KASEED), “he said.
According to him, the state government had expended the sum of N61.5 million which was given out as loan to people living with disabilities.
“The government released the sum of N319.5 million to Organized Trade Associations from the 34 Local Government Areas as soft Loan under various cooperative societies.
“The state government also granted special Loan to the Women Goat breeders to the tune of N104.1 million.
“A total of 4,1083 women benefitted from the loan and each woman was given three goats; one male, two females, “Nasir said.
The adviser disclosed that the state government also spent the sum of N490.2 million to grant loan to Economic Empowerment Centres across the 34 Local Government Areas of the state.
Nasir further disclosed that the government granted a loan of N36.1million to unemployed graduates adding that each person from the 361 electoral wards was given a loan of N100,000 to start his own business.
“We also gave a loan of N36.2 million to Faith Based Organizations and 1, 816 persons benefitted as five persons from 361 electoral wards were granted a loan of N20,000 each to start their own business.
“We gave loans of N706.1 million to 14,150 persons under the small and medium enterprises and state cooperatives.
“We granted a special Loan of N706.1 million under the 34 Local Government Cooperative Societies and 1606 persons rom the 34 local governments benefitted from the loan .” he said
The Adviser revealed that the Directorate of empowerment had granted loan of N50 million to unemployed youths and women Entrepreneurs from the 34 Local Government areas.
Nasir further revealed that a loan of N40.7 million was given to 407 youths who were collected N100,000 each to start their business after receiving Skill Acquisition Training organised by the Directorate.
He urged the youth and women to make judicious use of the loan granted to them to enhance their socio-economic status.
NAN reports that the Economic Empowerment Directorate was established by Gov. Masari as part of effort to fulfill the promises he made to youths and women groups during the 2015 electioneering campaigns.
– Dec. 11, 2018 @ 10:19 GMT |