Gov Zulum launches N1 billion support for low-profile entrepreneurs

0
50

Governor Babagana Zulum, yesterday flagged off a second phase of economic support for small and medium enterprises in three local government areas.

A total of N1billion naira was set aside for disbursement to about 5,000 entrepreneurs from six local governments of Biu, Gowza, Ngala, Monguno, Mobbar and Maiduguri Metropolitan Council. Borno State Government in collaboration with the Bank of industry, equally raised N1 billion for disbursement to entrepreneurs in form of interest free loans. Each party brought N500 million.

Aside launching the economic support in Biu, Zulum distributed over 80 commercial vehicles and tricycles (Keke Napep) to different beneficiaries ad part of social protection and livelihood support.

While making a remark, Zulum charged the beneficiaries to make proper use of the empowerment package distributed.

The Governor also said, any of the beneficiaries that repays 50 per cent of the total amount he received in three years, government will wave the remaining 50 per cent.

In another development, Zulum has extended his ban on political thuggery to Biu. Zulum has since 2019 stopped political thuggery where it was a major menace.

Going tough on Biu, the governor directed security agencies to arrest anyone parading his or herself as political thug to terrorize citizens.

“The Commissioner of Police, the Director SSS, and all the security establishment are hereby directed to arrest anyone that paraded himself as ECOMOG as from 6:00 am tomorrow.”

He also said, “any politician who is sponsoring such thugs shall be dealt with accordingly.” Zulum said.

LEAVE A REPLY

Please enter your comment!
Please enter your name here