Zulum Approves N1 Billion Grant to Boost MSMEs in Nigeria

Governor Babagana Zulum of Borno State has approved N1 billion in grants to support 9,403 MSMEs in Biu and Hawul. This initiative is part of a larger strategy to stimulate economic growth, create jobs, and reduce poverty.

Borno State Governor Babagana Zulum has sanctioned a grant of N1 billion to assist 9,403 Micro, Small, and Medium Enterprises (MSMEs) within the Biu and Hawul Local Government Areas. This initiative aligns with the state’s comprehensive economic empowerment strategy, which seeks to bolster local enterprises, generate employment opportunities, and alleviate poverty among residents.

The approval of N1 billion in grants by Governor Babagana Zulum represents a significant commitment to fostering the growth of MSMEs in Borno State. By supporting local businesses, this initiative aims to enhance economic resilience and improve the living standards of the community.

Original Source: nextbillion.net