THE FEDERAL GOVERNMENT HAS ANNOUNCED CASH GRANTS FOR VULNERABLE GROUPS IN IMO AND ABIA STATES

According to the Federal Government, the distribution of Cash Grants for Vulnerable Groups in Imo and Abia States has begun.

Sadiya Umar Farouq, Minister of Humanitarian Affairs, Disaster Management, and Social Development, announced this on Saturday during the launch of the Digitized Payment for Conditional Cash Transfer program in Owerri.

She stated that at least 3,894 beneficiaries from the state's 27 local government areas would receive a 20,000 Naira one-time Cash Grant for Vulnerable Groups in the state.

She also revealed that 4,738 people were chosen for interest-free loans through the Government Enterprise Empowerment Programme.

Farmers, petty traders, widows, and youths would receive loans ranging from N50,000 to N300,000, according to the Minister.

Today, I have come to launch the program in Imo State, the "Land of Hope." As a result, by the grace of God, successful GEEP program participants will begin receiving credit alerts from Access bank.

"This is a program designed by President Muhammadu Buhari's administration for vulnerable and low-income Nigerians who are involved in some type of commercial activity or capacity but have never had access to loans." It is intended to prioritize the most vulnerable members of our society, such as widows, youth, the disabled, and the displaced, among others," she explained.

She also revealed that 4,738 people were chosen for interest-free loans through the Government Enterprise Empowerment Programme.

She also stated that Abia State has 4,108 beneficiaries of the Government Enterprise Empowerment Programme interest-free loans, with 3,107 receiving cash grants to vulnerable groups of 20,000 naira each