Bayelsa supports 840 SMEs with N168m

Forum 9 months ago

Bayelsa supports 840 SMEs with N168m

The Bayelsa State Government on Friday concluded the disbursement of N168m grant to a total of 840 small business operators as part of its empowerment programme for women and youths across the state.

The News Agency of Nigeria reports that the beneficiaries got N200,000 grant each to strengthen businesses.

Speaking at the presentation of the grant, the Commissioner for Women, Children Affairs and Empowerment in the state, Mrs Faith Opuene, said that the gesture was borne out of the need to encourage entrepreneurship among the people.

Opuene said that the beneficiaries were four; two males and two females, from each of the 105 political wards in all the eight local government areas of the state.

Emmanuel Inipanmo, a dealer in fish, who responded on behalf of other beneficiaries, applauded the Diri-led administration for the support and noted that growth was imminent.