Site icon NewsVeo

Delta gives ₦500m grant to traders

Delta Governor, Rt Hon Sheriff Oborevwori

Delta State Governor, Sheriff Oborevweri, presented over ₦500 million grant to Deltans on Thursday as way to support their businesses.

He disclosed that the initiative is a comprehensive support system that would empower 5,426 Deltans.

Oborevweri said the beneficiaries comprising 1,600 petty traders, 1,826 artisans and 2000 female entrepreneurs across the state were empowered with amount ranging between ₦100,000 and ₦150,000.

He said, “Your hard work, creativity and perseverance are the driving force behind the vibrancy and resilience of our local communities. As we recognize your invaluable contributions, I reaffirm the state government’s commitment and willingness to support your endeavours.

“The MORE Grant Scheme represents a beacon of hope and a catalyst for positive change, as the programme provides critical resources that will help you scale up your businesses, and improve your livelihoods.

“To our petty traders from poor and vulnerable households, despite the daily struggles of life, you have continued to strive for a better future for your families and communities through your small businesses.

“As a show of faith, the MORE Grant Scheme will continue to provide you with the financial assistance necessary to improve your businesses, as we remain committed to turning small ventures into flourishing enterprises, thereby improving the quality of life of our people and contributing to the economic growth of our state.”

He said the grant being given out will help them acquire better tools, access quality materials, and reach wider markets, which will, in turn, take the rich traditions of our people to new heights.

In her remarks, the Commissioner for Humanitarian Affairs, Community Support Services and Girl-Child Development, Orode Uduaghan, said the project was anchored on three phases, with each carefully designed to empower specific segments of the state, for over 5,000 beneficiaries.

“With the MORE Grant Scheme, the state government aimed to infuse vitality in their businesses, saying; “we are aware of how impactful even a small additional capital can be for these petty traders who work tirelessly to make a living.” She stated.

Join our WhatsApp community via https://t.ly/16Hkn for instant and latest news updates.

Exit mobile version