NDE disburses N4.6m loans to unemployed youths in Kebbi –
The National Directorate of Employment (NDE) has disbursed loans amounting to N4.6 million to 228 unemployed youths in Kebbi State.
State NDE Director General Malam Abubakar Nuhu-Fikpo made this known during the loan disbursement in Birnin Kebbi on Friday.
Nuhu-Fikpo, represented by NDE State Coordinator, Alhaji Abdullahi Danjuma-Machika, said each of the young beneficiaries received 20,000 Naira each to enable them to improve and expand their businesses.
According to him, the recipients were from the state’s three senatorial districts.
Nuhu-Fikpo added that the various bank accounts of all the beneficiaries had been credited to enable them to set up their micro-enterprise.
“From experience, the NDE thinks that N20,000 can be turned around if seriously used in the creation of micro-enterprises.
“The Micro-Enterprise Enhancement Loan Program is a program under the Directorate’s Small Business Department.
“He’s an integral part of NDE’s small business, which has anchored this program over the years,” he said.
According to him, more unemployed youth have been empowered through the program.
“It is expected that this loan will be repaid to allow others to benefit from it; it is a revolving loan that captures many budding entrepreneurs.
“NDE is still vigorously pursuing its daunting task of creating and generating employment for unemployed Nigerians,” he said.
Nuhu-Fikpo urged the beneficiaries to make good use of the loan to become self-sufficient.
A cross section of recipients praised the Federal Government (FG) for the empowerment initiative and pledged to use the money wisely.