168 small scale businesses in Bauchi get N4.2m from National Directorate of Employment to expand
Malam Abubakar Fikpo, DG, NDE
By Akanji Alowolodu, Bauchi
One hundred and sixty-eight small scale business owners in Bauchi State have been selected to get the sum of N4.2m as loans from the National Directorate of Employment (NDE) to boost their businesses.
The disclosure was made by the Bauchi State Coordinator of NDE, Mr Lawan Yaya in an interview with newsmen in Bauchi on Friday saying that it waa a directive from the Director General of NDE, Malam Abubakar Nuhu Fikpo.
Lawan Yaya further explained that Malam Abubakar Fikpo, gave the order to embark on the programme with a view to assisting the beneficiaries on how to maintain and manage their small businesses to grow bigger.
He revealed that each of the selected individuals would be given the sum of N25,000 saying, “We were directed by Director General, Malam Abubakar Nuhu Fikpo to run a programme where we will be recruiting 168 people” .
According to him, “Basically, we want to enhance them with a soft loan of N25,000 each for small businesses. Our intention is to assist them on how to maintain and manage their own small businesses,”.
The NDE state Coordinator appreciated the D-G for his foresight in alleviating the economic hardship of the people, praying God would continue to grant him more empowerment ideas that would help the youth and women in the country.
Lawan Yaya further revealed that the Directorate had also concluded plans to recruit 50 graduates in order to sensitize them on business enterprises ideas to make them self reliant and job creator and employers of labor.
He said that, “This is because most of the graduates don’t have business expertise and some of them will say if they have money, they will do a particular business. We just want to sensitize them on how to run and mitigate some risks in their businesses”.
“We want to also recruit 100 people which includes both graduates and non graduates for yet another sensitization programme”, he assured.
According to him, “This programme is NDE in collaboration with Nasir Saj Nigeria Limited and we will sensitize them on business enterprises which is how to manage their businesses” .
He further explained that, “This programme will help them to look for loans in other financial agencies like CBN Nirsal programme currently running a loan package where people without business ideas are not considered with the loan” .
He added that NDE was serving as a gateway for the beneficiaries of the programme to obtain the loan, thanks to the astute initiative of the D-G, Malam Abubakar Nuhu Fikpo.