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September 10, 2024
FG empowers 922 youths, women with grant
Business News

FG empowers 922 youths, women with grant

FG empowers 922 youths, women with grant

The Federal Government in partnership with the World Bank and Edo State Government has empowered 922 youths and women with livelihood support under the Nigeria Community Action for Resilience and Economic Stimulus, NG-CARES.

The beneficiaries of the programme in Edo State are the first batch to be empowered under the Livelihood Support Disbursement Linked Indicator of EDO CARES Project fourth phase implemented by the State Cash Transfer Unit.

In a statement on Monday in Benin City, Adesuwa Agbonavbare, the Training and Communication Officer of Edo State Cash Transfer Unit, said the grant programme was aimed at supporting the existing business of youths and women from the poor and vulnerable households to improve consumption and end the cycle of poverty.

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She also said more beneficiaries were expected to receive their grants which range between N100,000 and N 200,000 per beneficiary as soon as they complete their bank account opening formalities.