By Anayima Abo
The National Directorate of Employment (NDE) has said that about 240 persons in Benue state may access N10 million loan each under the Nigerian Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL) project.
State Coordinator, Musa Sadauki who disclosed this to newsmen in Makurdi during the flagged-off the second phase of the Entrepreneurship Development Training Programmme (EDTP) explained that the Directorate had also trained 98 beneficiaries who are currently on the verge of collecting their loans.
While noting that the beneficiaries were being trained by the NDE on how to access and manage the loans, the State NDE boss explained that the training is aimed at equipping the beneficiaries with basic business skills to make them effective in their business ventures.
“The flag-off ceremony we are witnessing today, is the Phase 2 of the EDTP, which is a collaboration between NDE and Central Bank of Nigeria (CBN), under the Nigerian Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL)”
“After the training, the prospective beneficiaries will be well equipped to write a bankable business plan and access the Agricultural Business Small and Medium Scale Enterprises Loans Scheme (AGSMEIS), Beneficiaries of the loan can access up to N10 million, depending on the viability of their business plan” he added.
“In light of the above, I wish to encourage the 240 beneficiaries invited for this training to be committed to it. This will enable them acquire greater business skills and knowledge to enhance their business success when they eventually obtain the loan.”