HomeBusiness & EconomyHarvest of cash, equipment as Rep. Salam doles out N30m to empower...

Harvest of cash, equipment as Rep. Salam doles out N30m to empower young entrepreneurs

….Promises more empowerments

Nigerian youths, especially those in Ede North, Ede South, Egbedore, Ejigbo federal constituency have been asked to be deliberate in their quest to succeed in their various endeavours, both in the formal and informal sectors of the economy.

Rep Bamidele Salam made the call while presenting cash cheque of thirty million naira to selected youths who participated in the Bootcamp earlier organised for young business owners in the federal constituency.

The cash grant distributed in categories of business plans put forward by the young constituents during the bootcamp, saw majority of the beneficiaries going home with cash grants of five hundred thousand naira (N500,000)each.

Other categories of beneficiaries also enjoyed handsome grants ranging from N300,000 to 100,000, each, with some having both the cash grants and essential equipment supports, depending on the type and capital requirements of such businesses.

Some of the essential equipments purchased for the young CEOs are laptops and photocopy machines for ICT related businesses, industrial sewing machines for fashion designers, shoe making machines for cobblers, deep freezers for frozen food enterprises, etc.

Rep Bamidele Salam while informing the beneficiaries of his preparedness to set up a monitoring team to ensure compliance with his vision to raising the living standard of youths in the federal constituency, also emphasised the need for them to be determined for success in their chosen careers.

The beneficiaries who could not hide their joy, expressed profound appreciation for the gesture of the lawmaker, who they described as rare breed among crops of politicians, especially those with similar privilege in the past as federal lawmakers in the federal constituency

They also expressed readiness to ensure judicious use of the grants, which according to them, came as timely stimulants for their businesses.

The event was witnessed by the Honorable Commissioner for Innovation, Science and Technology, Hon Maruff Ayofe, Commissioner for Youth Affairs, Hon Moshood Olagunju and the Commissioner for Land and Physical Planning, Hon George Alabi.

They all commended Rep Salam for his untiring efforts in assisting the constituents, particularly the youths

Other dignitaries at the event also include PDP leader in the constituency, Elder Sunday Akanfe Atidade, PDP Chairmen in the federal constituency, the coordinator, Ajoje Micro Credit Sheme designed for women in the federal constituency by the Lawmaker, Mrs Bola Olayiwola amongst other important personalities.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments