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.

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