5,000 unemployed youths to get loans in Zamfara — NDE

Posted by News Express | 9 November 2018 | 896 times

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The National Directorate of Employment (NDE) has said that over 5,000 trained unemployed youths in Zamfara will benefit from the Federal Government’s entrepreneurship soft loans.

The state NDE Coordinator, Mr Muhammad Alhassan, made this known in Gusau during the week while briefing officials of the Ministry for Local Government and Chieftaincy Affairs.

The officials were led by the Commissioner, Alhaji Bello-Dankande and the local government council chairmen of the state.

“As we are aware, the Federal Government, under President Muhammadu Buhari’s administration, came up with a policy that all commercial banks in the country should give five per cent of their profit as loan for youth entrepreneurship development.

“Under this programme, each of the beneficiaries can access between N1 million and N10 million as loan,” he noted.

NDE said it plans to train the unemployed youths across the 14 local government areas of the state.

Earlier, Bello-Dankande described the partnership between the ministry and the NDE as cordial.

Dankande gave an assurance of the ministry’s support to any programme targeted toward improving the future of the youths of the state. (NAN)

Source: News Express

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