Borno State Governor Babagana Zulum has approved a N1 billion grant to support 9,403 MSMEs in Biu and Hawul Local Government Areas. This initiative is part of a broader strategy to strengthen local businesses, enhance job creation, and reduce poverty.
Governor Babagana Zulum of Borno State has sanctioned a grant of N1 billion specifically aimed at bolstering 9,403 Micro, Small, and Medium Enterprises (MSMEs) located in the Biu and Hawul Local Government Areas. This initiative is an integral component of the state’s comprehensive economic empowerment strategy, which is designed to enhance local enterprise growth, foster job creation, and address poverty effectively.
In summary, the N1 billion grant approved by Governor Zulum represents a significant investment in the potential of MSMEs in Borno State. This initiative not only aims to empower local businesses but also seeks to stimulate job creation and contribute to the alleviation of poverty within the affected communities.
Original Source: nextbillion.net
