The Delta State administration has launched a major ₦5 billion grassroots support initiative designed to empower 100,000 small-scale entrepreneurs and other beneficiaries throughout the state.
Under the scheme, each beneficiary is expected to receive ₦50,000, with the programme covering all 500 wards in the state.
The Executive Assistant to Governor Sheriff Oborevwori on Public Enlightenment (Projects and Policies), Olisa Ifeajika, disclosed this while speaking with journalists in Asaba.
He said the governor had directed local government councillors to facilitate the distribution, with each ward expected to reach at least 200 beneficiaries.
According to Ifeajika, the initiative is designed to complement the administration’s investments in critical infrastructure by providing direct financial support to residents.
He said the programme would help small business owners, strengthen household finances and stimulate economic activities at the grassroots.
Ifeajika added that the initiative reflected the state government’s commitment to improving livelihoods and expanding economic opportunities under Oborevwori’s MORE Agenda.
What You Should Know
The Delta State Government has initiated a widespread financial empowerment scheme that distributes ₦50,000 to local entrepreneurs across all 500 wards, utilizing local councillors to manage the distribution process effectively.
- Positive Impact: Small business owners receive direct cash support to boost their inventory, improve household finances, and stimulate grassroots economic activity.
- Potential Concerns: Ensuring transparent and equitable distribution across all wards without political favoritism remains a critical challenge for the programme coordinators.
