Yobe State Governor, Mai Mala Buni, has disbursed a total of ₦2.93 billion to support 25,500 flood victims and 15,000 small business owners in the state as part of his administration’s recovery and empowerment initiatives.
The cash distribution was launched at the Government House Banquet Hall in Damaturu, where Governor Buni outlined the dual initiatives aimed at alleviating suffering and boosting economic resilience.
The first initiative involves a ₦1.43 billion fund allocated to 25,500 flood victims and vulnerable groups, with each beneficiary receiving ₦50,000 to rebuild their lives and regain stability.
In addition, ₦1.5 billion has been set aside for 15,000 small business owners and startups, granting each recipient ₦100,000 to grow their businesses and sustain livelihoods.
“This initiative underscores the commitment of this administration to protect the vulnerable, empower citizens, and create pathways for self-reliance and prosperity,”
Governor Buni stated. “We aim to address immediate recovery needs while laying the foundation for long-term economic resilience.”
He emphasized the vital role of small businesses in driving grassroots economic growth and fostering financial inclusion, which are crucial for stimulating local economies.
Governor Buni also reiterated his administration’s dedication to providing free education, accessible healthcare, and economic incentives to uplift the less privileged, while reaffirming a commitment to transparency and accountability in the implementation of all intervention programs.
Additionally, he pledged government support for the take-off of the proposed Early Childcare Development Education Centre in the state, further reinforcing his administration’s focus on long-term growth and development.
