From Yakubu Mustapha Minna
National Directorate of Employment (NDE) has disbursed agricultural cash loans to no fewer than 42 unemployed youths and women beneficiaries after their training in Niger state.
Director General of the agency, Alhaji Abubakar Nuhu Fikpo at the flag off of the disbursement said the participants were drown from 4 different agric loan schemes of SADES, GAES, AES and CBAES under Rural Employment Promotion (REP) Department.
Represented by the Niger state coordinator, Alhaji Abubakar Danchoho Mohammed urged the beneficiaries to make use of the funds judiciously aimed at wealth creation, employment and eradication of poverty in the country.
He explained that it’s a loan not a grant, hence to be paid back after a 6 months period.
He added that the participants will pay N4,550 per month for 3 years.
In his remarks, Mac Bernard who represented the department director, Edem O. Duke said the present administration has prioritized agriculture.
One of the beneficiaries, Usman Umar appreciated the NDE and federal government for the training program and loan to start up their business to be self employed.
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