No fewer than 80 women agri-preneurs in Ekiti have benefited from a N1.6 million grant provided under the Federal Government’s Micro, Small and Medium Enterprise’s grant, as part of its vision of lifting 100 million Nigerians out of poverty.
Dr. Umar Radda, Director General, Small and Medium Enterprise Development Agency of Nigeria, (SMEDAN), restated the commitment of the present administration to lift 100 million Nigerians out of poverty in the next four years.
Radda, who was speaking on Sunday at the closing ceremony of the training of participants of the SMEDAN’s Women in Self Employment Programme, (WISE-P) in Ado-Ekiti, said that the training was aimed at raising the capacity of the participants to enable them utilize the funds effectively.
The DG of SMEDAN, who was represented by the agency’s Director of Agric-business Development and Extension, Dr Robert Owaiye, noted that globally, MSMEs are recognized as engines of socio-economic transformation, as they offered opportunities to drive jobs and wealth creation, as well as income re-distribution within the society.
” The focus is on providing capacity building, (inclusive of entrepreneurship and vocational training) with associated empowerment grants to existing women agri-preneurs.
“This will procure for them the required mind-set and financial enablement, as well as place their businesses on the needed sound footing for impact in terms of pride, profit and diversification.
” This is part of President Buhari’s vision of raising 100 million persons out of poverty over the next four years, ” Radda said.
The News Agency of Nigeria, , reports that the DG, who explained that beneficiaries had been grouped into seven cooperative societies, with a grant of N230,000 each, urged beneficiaries to use the money judiciously.
Also speaking, the Ekiti state Commissioner for Trade and Investments, Chief Muyiwa Olumilua, reiterated the commitment of the state governor Kayode Fayemi to partner with SMEDAN and other agencies, to raise the standards of living of the citizens.
Participants at the training, Mrs Ruth Oladoja and Mrs Omoyeni Palmer, who spoke separately with newsmen, assured of equitable distribution and judicious use of the grants in order to contribute their own quota to the development of the economy.
Edited By: Mouktar Adamu
Short Link: https://wp.me/pcj2iU-3wFu
- Social media restrictions lifted in Ethiopia — NetBlocks
- The Canada-Africa Chamber of Commerce welcomes Nicolas Pompigne-Mognard to its main advisory board
- EU, US reach truce in steel tariff dispute
- German Africa Energy Forum in Hamburg to kick-start Africa’s economic transformation
- NEMA warns of probable flood in 10 C/River areas
- Rape: Centre advises parents to pay adequate attention to children
- NLC begins 5-day warning strike in Kaduna State
- Police debunk report of attack on Modakeke Town
- Speaker lauds Gov. Bagudu for completing rural road project