NDE Begins Disbursement of N250,000 FG Loan To Young Nigerians
NDE Begins Disbursement of N250,000 FG Loan To Young Nigerians: The FG through the National Directorate of Employment (NDE) has begun massive disbursement of loans worth 250,000 to young Nigerians
In line with FG’s agenda to lift 100Million Nigerian out of poverty, the National Directorate of Employment (NDE) is training and disbursing FG loans to Nigerians on a massive scale
Mr Lawan Yaya, the Bauchi coordinator of the NDE made the pronouncement in Bauchi on Saturday when he spoke with the News Agency of Nigeria (NAN).
According to Mr Lawan Yaya “The federal government is seriously focusing on unemployed youths by rolling out different interventions to make them self-employed, at the very least”
“At the end of a recent NDE training on entrepreneurship, 40 beneficiaries out of 100 got loan packages ranging between N250,000 and N500,000 and they are now in serious businesses”
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“In agriculture, the Rural Employment Promotion Department of the NDE recently trained 93 participants who were given N100,000 each as loan packages.
“Some of them bought cows, while some are into crop production; some are into the agriculture value chain and they have even employed some hands and became employers of labour already,’’
“The federal government is really making a serious impact in addressing unemployment issues in the country.
“I am saying this because the Industrial Training Fund had invited me to their programme and we have seen young entrepreneurs that were given loans and have already become employers of labour,’
“If you look at the Bank of Agriculture, they are also our partner in progress.
“Some NDE trainees who could not get loans from the directorate were linked with the bank and they are accessing loans from there,’’