Zulum Approves N1 Billion Grant to Support MSMEs in Borno State

Governor Babagana Zulum has approved a N1 billion grant to support 9,403 MSMEs in Borno State, aimed at strengthening local businesses, creating jobs, and alleviating poverty as part of a wider economic empowerment strategy.

Governor Babagana Zulum of Borno State has sanctioned a grant of N1 billion aimed at bolstering 9,403 Micro, Small, and Medium Enterprises (MSMEs) located in the Biu and Hawul Local Government Areas. This funding initiative is aligned with the state’s comprehensive economic empowerment strategy, which seeks to strengthen local businesses, foster job creation, and mitigate poverty within the region.

In conclusion, Governor Zulum’s approval of the N1 billion grant represents a significant effort to empower local entrepreneurs and combat poverty in Borno State. By supporting thousands of MSMEs, the initiative seeks to enhance economic activity and create employment opportunities, thereby contributing to the overall development of the region.

Original Source: nextbillion.net