Senator Ayade Releases N25m To Certified Entrepreneurs

In Breaking News, Business & Economy, National News, Politics, Reports

by crossriverwatch admin

The fifty prospective beneficiaries
The fifty prospective beneficiaries

The fifty trainees who recently graduated from the Central Bank of Nigeria CBN, Enterprise Development Center EDC in Calabar under the sponsorship of Senator Ben Ayade will smile home with their kick off grant of 500,000 Naira each tomorrow 15th April, 2014.

Dr. Stephen Odey, Personal Assistant to Senator Ayade who disclosed this to CrossRiverWatch on behalf of his boss stated that the reason for this initiative is to contribute to economic development of the State and further enhance the financial capacity of his constituents.

He added that the senator representing Cross River North Senatorial District is targeting optimum entrepreneurship development by not only providing the necessary capital but also the right orientation to enable each beneficiary to make informed use of their take off grant.

He hinted that with the introduction of the Senator Ayade Free Food Bank in each of the 5 Local Government Areas in Cross River Northern Senatorial District, a ready-made market has been created for the entrepreneurs, meaning that Senator Ayade free food bank will buy back their products and give out free to the aged, retired, tired, the physically challenged, orphanage homes, leprosy centers, widows without loved ones and the abandoned in and out of hospitals thereby creating a buoyant local economy.

Dr. Odey stated that these huge and unprecedented achievements by Senator Ayade were made possible as a result of the encouragement and support from the Governor of Cross River State, Senator Liyel Imoke.

He enjoined beneficiaries to apply their kick off grant judiciously noting that the Central Bank of Nigeria will create access to more capital depending on the business performance of each beneficiary.

follow us on twitter @crossriverwatch

Since You Are Here, Support Good Journalism

CrossRiverWatch was founded on the ideals of deploying tech tools to report in an ethical manner, news, views and analysis with a narrative that ensures transparency in governance, a good society and an accountable democracy.

Everyone appreciates good journalism but it costs a lot of money. Nonetheless, it cannot be sacrificed on the altar of news commercialisation.

Consider making a modest contribution to support CrossRiverWatch's journalism of credibility and integrity in order to ensure that all have continuous free access to our noble endeavor.


New Feature: Don't miss any of our news again.Get all our articles in your facebook chat box.Click the Facebook Messenger Icon below to subscribe now

Text Advert by CRWatch :Place Yours

Will You To Learn How To Make Millions Of Naira Making Special Creams From Your Kitchen?.Click Here

Expose Your Business And Make More Sales. Advertise On Today

You may also read!

How Contractors Pocketed Over N78 Million Meant For Road Projects In Bauchi

In what appears to be a safe money-laundering channel for corrupt and dubious reasons, WikkiTimes’ Idris Kamal Ibrahim in


BREAKING: Family, Colleague Kick As Inibehe Effiong Is Moved To Uyo Prison Amidst Plan For Solidarity Rally

By Jonathan Ugbal A group of concerned civic space actors, family, and a colleague of rights lawyer, Inibehe Effiong


Are You Running For National Assembly Election From Cross River? Let Me Have Your Attention Please…

Six years ago, just after taking office, Governor Ayade made a very strong case for the abundant mineral resources


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu

Share this now