148 Bayelsa trainee farmers get start-up loans – The Sun Nigeria
One hundred and forty-eight young Bayelsa following an agricultural training program funded by the International Fund for Agricultural Development (IFAD) received loans of a minimum of 700,000 naira each in Yenagoa.
The training was organized by Livelihood Improvement Family Enterprise in Niger Delta (LIFE-ND), an initiative of the Bayelsa government.
The Nigerian News Agency (NAN) reported on Thursday that the young people are between 18 and 35 years old.
The revolving loan was introduced to the trainee farmers through their master trainers who serve as their mentors.
Dr Paniebi Ugo, coordinator of the LIFE-ND project, presented the vouchers to the master trainers who manage the beneficiaries in Yenagoa.
Ugo said that in the mentoring program, which has been running for the past two years, interns have been assigned to established farms where they have been trained in cassava, plantain, fish and poultry production.
He advised the trainee farmers to take the project seriously and earn a living.
Ugo instructed the beneficiaries to go into business, make a profit, and repay the loan in installments so that others can also benefit.
“IFAD-assisted LIFE-ND aims to increase beneficiary incomes, guarantee food security and create jobs for young people between 18 and 35 years old.
“We are also focusing on women through agricultural businesses using the incubation model in the Niger Delta region.
“This check presentation is a milestone and a breakthrough for LIFE-ND, IFAD and Bayelsa State.
“This program has two phases – learning and mentoring,” he said.
In her remarks, Ms. Vivian Yerin, one of the master trainers who received a check on behalf of the trainees as part of her mentorship, congratulated LIFE-ND for this initiative.
She called for the sustainability of the project to give many young people the opportunity to have a livelihood.
Yerin, a poultry farmer, said that with the realities in the Niger Delta, the project has helped young people survive and provide for their families.
She added that this would go a long way in improving the livelihoods of beneficiaries. (NOPE)