The Bayelsa State Governor, Duoye Diri, has presented a grant of N200m to 840 beneficiaries as part of his administration’s initiative to spur micro businesses and economic growth in the state.
According to a statement signed by the Chief Press Secretary to the governor, Daniel Alabrah, on Tuesday, the grant was presented to four beneficiaries each from the 105 political wards across the eight local government areas of the state for January and February 2023.
Speaking at the DSP Alamieyeseigha Memorial Banquet Hall in Yenagoa, the state capital, Diri said the programme had empowered 2,310 women and youths so far, noting that his administration was encouraged by its impact on the beneficiaries.
He said, “We are encouraged that this programme has impacted lives. This initiative of the prosperity administration is designed for small and medium-scale enterprises. Human capacity development is key to our government.
“This scheme is a monthly empowerment to provide seed money for those who want to do business or grow their businesses. We are not just talking the programme but we are working the programme.”
He stressed that the initiative was geared towards stimulating the local economy and changing the mindset of Bayelsans towards doing business and becoming self-reliant.
The Commissioner for Women and Children Affairs, Faith Opene, said the programme had run for about a year and would continue on a monthly basis.