NG-CARES: FG disburses N77.7 million to 518 Zamfara small-scale traders

Umar Nakwada, general manager of the Zamfara Community and Social Development Agency (CSDA), said N77.7 million had been disbursed in grants to 518 small-scale traders in the state.
Mr Nakwada stated this in Gusau on Wednesday at a cluster training for the second cycle of beneficiaries under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) in the state.
He said part of the reason for the training was to equip the participants with the requisite knowledge of financial literacy, saving techniques and cooperatives.
”The training is also about skills acquisition, entrepreneurship development, micro-enterprise and management,” he said.
The general manager said each of the 518 beneficiaries got a one-off grant of N150,000 from the fund.
”We are encouraging small-scale traders in the state to do their businesses in a manner that will be productive.
”We see it as part of our responsibilities to train them; we want to see them utilising the grants effectively,” Mr Nakwada said.
He urged the beneficiaries to take the training seriously and utilise the lessons learnt to improve their businesses.
The NG-CARES programme is a $750-million state-driven initiative supported by the World Bank.
The programme seeks to elevate businesses affected by the COVID-19 pandemic and expand access to livelihood support.
It seeks to provide improved access to food security services and financial grants to poor and vulnerable households.
(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

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

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.”

Showbiz
17th Headies Winners Full List: Zerry DL, Mohbad, Rema win big
Emerging star Divine Uzama, aka Zerry DL, clinched Rookie of the Year, topping competitors like Taves, Kaestyle, Llona and Sound.

World
Lapu Lapu Attack: Vancouver driver Kai-Ji Adam Lo charged with murder
The police chief said the death toll could rise, describing the incident as “the darkest day in our city’s history.”

Faith
Kwara pilgrims set for May 12 Hajj departure
The second batch will depart on May 14, the third on May 16, and the final on May 17.

Abuja
Nigeria condoles Iran over 800-casualty deadly explosion
The explosion occurred on Saturday at Shahid Rajaee Port in southern Iran, near the Strait of Hormuz.

Sport
NPFL: Remo Stars clinch historic league title following win over Niger Tornadoes
They are the first privately-owned club to win the NPFL title since Julius Berger in 2000.