Home Business CBN soft loan - 10, 000 traders to benefit

CBN soft loan – 10, 000 traders to benefit

- Advertisement -

No fewer than 10,000 small and medium scale entrepreneurs in Maru/Bungudu federal constituency of Zamfara are expected to benefit from the Central Bank of Nigeria (CBN) soft loan to develop their businesses.

Alhaji Shehu Ahmed, the federal lawmaker representing the constituency, stated this on Monday in Bungudu at the business skills training for the targeted beneficiaries.

- Advertisement -

Ahmed, represented by an aide, Alhaji Musa Umar, said he had entered into collaboration with the CBN to develop the capacity of entrepreneurs in the area, especially those involved in small and medium scale businesses.
Also, Philanthropist moves to tackle poverty in Kwara, disburses N25m to women.

“The CBN has already approved to give soft loans to beneficiaries from my constituency through the partnership of my empowerment project.

“My target is to empower up to 10,000 beneficiaries from this area. Each beneficiary can access up to N10 million as loan from the CBN.

“We are gathered to train 210 beneficiaries as first set of this programme on how to access the loan from the CBN.

“The participants were selected from 21 wards of the constituency,” the lawmaker said.

According to him, in each of the 11 wards of Bungudu and 10 wards of Maru local government areas, 10 beneficiaries have been selected for the training.

“This is the first batch of beneficiaries for the training; we will continue to train our people in batches for them to benefit from the programme,’’ he added.

Earlier, the Wife of the Lawmaker, Hajiya Fatima Shehu said the beneficiaries comprised both males and females across all ages.

Hajiya Fatima said that the participants would be trained in various skills such as shoe and and bag making, disinfectant and liquid soap making, room freshener and shampoo making among others.

Source: NAN

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

Introducing Motorola razr 2019. Smartphone of the future?

The most memorable smartphone of the year? Unexpectedly, but this is Motorola Razr ! The brand has revived the famous clamshell range, but with modern chic. The novelty should...

FUDutse Notice to Students on Hostel Reservation

We are to inform students of the Federal University, Dutse (FUD) has opened the portal for hostel accommodation reservations for the 2019/2020 academic session....

NPA Final Admission List For the 7th Regular Course Is Out

Nigerian Police Academy Final Admission List for the 7th Regular course has been released. All candidates who participated in the screening and interview exercise are...

Motorola Razr Price – specifications

The Motorola Razr comes with two screens. One in the inside, one on the outside. The main screen of the Motorola Razr measures 6.2-inches...

New Phone – Motorola Razr coming soon – Here is the Specification

Motorola Razr was launched in the US on November 14. Soon after the smartphone was announced, Motorola India teased that the Razr will head to...