Wednesday, March 27, 2024

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

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.”

NSCDC Logo

Faith

NSCDC to deploy 1,350 personnel in Cross River for Easter celebration

He said the mandate is to secure public facilities, churches and recreational centres across the state.

FRSC

States

Easter: FRSC cautions motorists against excessive speed

The unit commander also admonished motorists against drunk driving and the use of mobile phones while driving.

Lagos CP, Fayoade Adegoke

Lagos

2,329 suspected criminals arrested within my 100 days in Lagos: CP Fayoade

He said that those arrested include suspected cultists, armed robbers, and kidnappers, among others.

Gavel used to illustrate the story

States

Court remands 40-year-old man for stabbing co-tenant with knife

Ms Oyediji, thereafter, adjourned the matter till April 15 for mention.

Nigerian Troops

States

Troops neutralise terrorists, recover arms in Borno, Katsina

“Troops are still sustaining offensive operations to clear terrorists in the general area.”

FCT Minister, Nyesom Wike [Credit: Chi Geru]

Abuja

Wike pleased with quality, pace of road projects in Kuje

Mr Wike stated this after he inspected the road projects in Abuja on Wednesday.