Business & Finance

Sokoto state flags off N4bn micro-business incentive fund

The Sokoto state Governor, Aminu Waziri Tambuwal, has flagged off the disbursement of N4billion as incentive to people of the state in the next four years.

Governor Tambuwal stated this at Gudu and Tureta local government areas respectively where he flagged-off the state’s Micro Business Incentive Fund (SMBIF).

At the two local government the Governor, who distributed N20,000 naira grant to1000 people, said the fund will reach the remaining 21 local government areas in the state.

He added that the gesture was aimed in assisting less priviledged persons and smale scale enterpreneurs in the state, to improve their businesses.

He explained that the distribution would not be discriminatory as both males and females will benefit from the programme in equal measure.

Governor Tambuwal urged the beneficiaries to use the grant judiciously to improve their living standards.

The Deputy Governor, Mr Manir Muhammad Dan Iya, said the beneficiaries have been selected to benefit from the gesture from the 23 local government areas of the State.

Mr Dan’iya thanked the Governor for giving the cabinet members the opportunity to serve and execute various developmental projects across the 23 local government areas in the state.

The Deputy Governor called on all citizens of the state to continue to cooperate with present administration for more dividend of democracy.

Source: Voice of Nigeria