LEGIS TRACKER: Senator gives 50 entrepreneurs take-off grant of N200,000 each
LEGISREPORTS NG – Fifty members of the five Local Government Areas of Cross River north senatorial constituency have received N200,000 each from the Senator representing them at the Senate, Prof Ben Ayade to invest in their businesses.
The donation, according to Ayade, was his outstanding pledge to financially empower business-inclined individuals in his constituency. Ayade’s personal assistant who stood in for the Senator said the empowerment was in two phases. He disclosed that Prof Ayade released the sum of N25 million to give as grant to those who underwent training at the Central Bank of Nigeria Entrepreneurial Development Center in Calabar.
“N200,000 each was given to each of the 50 people who graduated from the entrepreneurial training while all those who applied but were not admitted into the training will also be taken care of from the balance of the money”, he said.
This report was prepared by our reporter in Calabar.