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Delta State Government Launches N4bn Support for Small Businesses

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This Day
Delta State Government Launches N4bn Support for Small Businesses

On October 24, the Delta State Government approved a N4 billion empowerment program during a State Executive Council meeting in Asaba, targeting 15,000 indigent residents across the state’s 25 local government areas. This initiative, approved by Governor Sheriff Oborevwori, aims to support small businesses, promote entrepreneurship, and alleviate economic hardships.

The program will provide financial assistance to vulnerable residents, help existing small business owners, and offer start-up capital for aspiring entrepreneurs. Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, stated that beneficiaries would be selected based on defined eligibility criteria, prioritizing those who already operate small businesses and individuals seeking to establish micro-enterprises.

The program will be implemented through the Delta State Social Investment Programme in the coming weeks. Additionally, the council approved the reconstruction of major roads and compensation for land acquired for agricultural purposes, aiming to stimulate the local economy and attract commercial farmers.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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