Skip to content
Plus234Feed

Calabar Fire Victims Receive N450m Aid from Government

Business

Eighteen business owners impacted by a fire incident at Spar Mall in Calabar have been granted N25 million each, totaling N450 million, as financial assistance from the Federal Government. The cheques were presented by Cross River State Governor, Prince Bassey Edet Otu, on Monday at the Executive Chambers of the Governor’s Office in Calabar.

Governor Otu stated that the intervention aims to assist the affected business owners in rebuilding their enterprises and restoring their livelihoods. He acknowledged the role of small businesses in the state's economy and emphasized the importance of government support in such situations.

Otu also referenced the September 1 visit of First Lady Oluremi Tinubu to Cross River for the launch of the South-South Zone of the National Community Food Bank Programme, which led to additional interventions. He expressed gratitude to President Bola Tinubu and the First Lady for their support, urging beneficiaries to utilize the funds effectively.

Andifonkan Samuel, CEO of AM Global, and Gbenga Ewarawon, Manager of Spar Calabar, both expressed appreciation for the assistance.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

Read full article

Continue on Daily Trust

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira, every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.