Agribusiness: 48 Youths Get N50,000 Each For Investment
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- Agribusiness Africa
- February 11, 2024
- News & Analysis
“The National Directorate of Empowerment (NDE) has launched the Community-Based Agricultural Empowerment Scheme (CBAES) in Borno State, disbursing N50,000 each to 48 youths to initiate agricultural businesses. Directed by Malam Abubakar Fikpo, the NDE aims to combat unemployment by equipping young beneficiaries with modern agricultural skills and entrepreneurial know-how. Fikpo urged them to utilize the funds effectively to foster success in agriculture, highlighting the NDE’s commitment to addressing unemployment and promoting economic empowerment nationwide. Source: Daily Trust
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The National Directorate of Employment (NDE) has launched the Community-Based Agricultural Empowerment Scheme (CBAES) in Borno State, disbursing N50,000 to 48 youths to kickstart agricultural businesses. This initiative aims to alleviate unemployment by empowering young people to establish their farms and generate employment opportunities.
Malam Abubakar Fikpo, the Director-General of NDE, emphasized the significance of the training provided to the beneficiaries, which includes modern agricultural techniques and life skills. This preparation equips them to effectively tackle local challenges and succeed as entrepreneurs in the agricultural sector.
Fikpo encouraged the recipients to make optimal use of the financial assistance, urging them to strive for success and contribute to economic development through agriculture. The NDE remains dedicated to addressing unemployment nationwide and supporting initiatives that foster economic empowerment, particularly in agriculture.”