N500 million has been disbursed by Governor Ahmadu Fintiri of Adamawa in Yola for to 10,000 women with intent to promote Micro, Small and Medium Enterprises (MSMEs) among the womenfolk.
In addition, he has also inaugurated 31 luxury buses in order to ease transportation in the state. All the beneficiaries have been provided with a sum total of ₦50,000 each, as stated by Governor Ahmadu. This sum has been given, intending to alleviate these women’s sufferings while creating wealth across state’s 21 Local Government Areas.
He mentions, “We have trained over 45,000 youths in various trades through our Skill Development corridor and provided them with starter packs to set up their businesses. In the past five years, we have kept over 30,000 beneficiaries on a monthly stipend of ₦10,000, through our social investment corridor. Last year, we launched the Fintiri Business Wallet for our women.”
Continuing his statement, he said, “This is a commerce corridor which reinforces our commitment to wrestle poverty and open the doors of thousands of our households to life-saving businesses and prosperity. Today, we are disbursing another ₦50,000 to each woman in the second batch of the beneficiaries to either support or start-up trading. Today, I am happy to hand over these buses to the concerned operators for onward deployment to our roads and usage of our people.”
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