By Abdullateef Bamgbose
Former Senate President, Ahmad Lawan has empowered 400 traders and small business owners in Yobe North Senatorial District with N100 million.
The empowerment programme was held in Gashua, headquarters of Bade Local Government Area.
Speaking at the event, Senator Lawan said the intervention was aimed at supporting small businesses and promoting economic growth in the senatorial district.
He emphasised that empowering the beneficiaries who were carefully selected based on their potentials to contribute to the local economy, was a way to invest in their livelihoods and boost the economy of Yobe North.
“As your representative in the Senate, I am deeply committed to supporting the economic prosperity of Yobe North. I firmly believe that by empowering our traders and small business owners, we are not only investing in their livelihoods, but also laying the foundation for a more vibrant and sustainable local economy.
“Today (Monday), we are distributing a total of N100 million to support your businesses. This free funding will provide beneficiaries with the much-needed capital to expand their businesses,” he said.
Lawan disclosed that the empowerment programme was tailored to meet the specific needs of a wide-range of traders and small business owners.
He added that robust mechanisms were also put in place by his foundation – Senator Ahmad Ibrahim Lawan, SAIL, Foundation – to monitor the disbursement and utilisation of the free funds.
He thanked the Yobe State government for lending its support to the initiative.
Each of the beneficiaries received N250,000 to boost their businesses.
