Tuesday, July 14, 2026

Bayelsa govt disburses N42 million grants to 210 SMEs

The state has been empowering two persons per ward every month for the past 10 months.

• December 21, 2022
Bayelsa State governor, Douye Diri
Bayelsa State governor, Douye Diri

The Bayelsa government has restated its commitment to encouraging the growth and expansion of Small and Medium Enterprises (SMEs) across the state.

Ayiba Duba, Commissioner for Information, Orientation and Strategy, gave the assurance while speaking at the monthly disbursement of cash grants of N42 million to 210 SMEs from the state.

Mr Duba said the state is looking forward to the growth of the state’s economy, which hitherto revolved around civil service through entrepreneurship promotion.

He said the state has continued to keep the pledge made by Governor Douye Diri-led’s administration to engender prosperity through the empowerment of two persons per ward every month for the past 10 months.

Each beneficiary from the 105 wards in Bayelsa got a cash grant of N200,000 for November 2022.

Also speaking at the presentation ceremony, Faith Opuene, Bayelsa Commissioner for Women, Children Affairs and Empowerment, urged the beneficiaries to resist the urge to spend the grant on festivities during the yuletide.

She explained that the empowerment scheme was done by a seven-member committee, which put a mechanism in place to ensure no beneficiary draws the cash more than once.

She said there were plans to monitor the performance of beneficiaries and further support their businesses in various phases of development, adding that only those who grow their businesses would benefit from such plans.

Susan Saighe-Igbe, one of the beneficiaries who deals in clothes, applauded the state government for supporting small businesses in dire need of additional capital following the recent flood that crippled most businesses in the state.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

corps members

States

Gov. Eno restates commitment to Akwa Ibom corps members’ welfare

Mr Nafiu urged employers to provide corps members with quality mentorship and conducive workplaces that promote productivity and personal growth.

Adeniyi Adeyemi

Anti-Corruption

Alleged Fake Agency: Police arrest PFIPC DG Adeyemi

It was learnt that Mr Adeyemi was arrested by the Intelligence Response Team from Abuja in Osun State. 

Nigerians in South Africa.

Diaspora

Youth forum urges FG to intensify efforts to protect Nigerians in South Africa

The group called for diplomatic action by the federal government against South African authorities, as well as compensation and restitution for affected Nigerians.

Volkswagen

Economy

Volkswagen plans 50,000 fresh global job cuts amid growing competitive car market

The company had earlier agreed to reduce its workforce across all groups, including Porsche and Audi subsidiaries, by 50,000, bringing the total to 100,000.

Ibeju-Lekki

States

Flooding: Ibeju-Lekki council begins rehabilitation work on Lakowe culvert

The chairman appealed to residents and road users to cooperate with the council officials.

Agriculture

Tinubu seeks end to Africa’s raw cocoa export era

Mr Tinubu said investors were developing a 70,000-tonne cocoa processing facility in Sagamu, Ogun State.