Governor Babagana Zulum of Borno on Friday, disbursed N100 million to 152 youths, who renounced thuggery, to enable them to set up their businesses.
Zulum who inaugurated the disbursement exercise in Maiduguri, said the gesture was to assist the youths who completed one-month entrepreneurship training to engage in productive activities and contribute to the social and economic development of the state.
He said that 16 of the beneficiaries would received N2 million each as seed capital while 136 others would get 500,000 each. According to him, the beneficiaries are expected to repay 50 per cent of the money given to them in three years.
The governor also announced scholarship award to one child from each of the beneficiaries family, adding that the state government will sponsored their education.
In his remarks, Alhaji Saina Buba, Commissioner for Youth, Sports and Empowerment, said the beneficiaries had been supported under a special programme tagged: “Super Youth Entrepreneurship Training.
Also speaking, Dr Mustapha Mohammed, Director of Entrepreneurship, Ramat Polytechnic, Maiduguri, said the youths were exposed to various trades including animal fattening, fisheries, poultry, entrepreneurial skills and e-business.
One of the beneficiaries, Tijjani Daga, lauded the gesture and pledged to ensure effective utilisation of the support to improve their lives.