The National Directorate of Employment (NDE) has disbursed N3million to 300 women in Oyo State, as loans to boost their businesses.
Youth and Sports Development Minister Sunday Dare facilitated the disbursement of the loans.
The disbursement to those from Oyo Central and Oyo South senatorial districts was done at the Liberty Stadium, Ibadan, on July 16, while those from Oyo North Senatorial District received theirs in Ogbomosho, on July 21.
The Oyo State Coordinator of NDE, Mrs Olayinka Olayemi, disbursed the funds to the beneficiaries in Ogbomosho, in line with the COVID-19 guidelines.
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She said the programme was under NDE’s Micro Enterprises Enhancement Scheme (MEES).
Olayemi said the empowerment was part of the Federal Government’s programme across the country “being implemented by the NDE under the leadership of Dr Nasiru Ladan Argungu.”
Dare urged the beneficiaries to see the loan as an opportunity to thrive in their businesses.
The minister, represented by the former House of Assembly Speaker Mr Olagunju Ojo, advised the beneficiaries to make good use of the money.
The Head, Small Scale Enterprises Department in NDE, Mrs Grace Ayelagbe, enjoined the beneficiaries to ensure effective utilisation of the funds.
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