Close Menu
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
What's Hot

Eid-el-Kabir: FG Declares Friday and Monday as Public Holidays

90-year-old man, wife hacked to death at home in Enugu

Senator Natasha Akpoti to appear in court Tuesday

Facebook X (Twitter) Instagram
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
Facebook X (Twitter) Instagram Pinterest
DAILY BLAST
Contact
HOT TOPICS
  • Home
  • Politics
  • Entertainment
  • News
  • Interviews
  • Events
  • Fashion
  • Article
  • Lifestyle
  • Movies & TV
  • Music
DAILY BLAST
You are at:Home»Breaking News»First Lady Oluremi unveils N1.85bn recapitalisation grant for female traders
Breaking News

First Lady Oluremi unveils N1.85bn recapitalisation grant for female traders

DailyblastBy DailyblastAugust 22, 2024002 Mins Read
Share WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
Share
Facebook Twitter LinkedIn Pinterest Email WhatsApp Copy Link

First Lady, Senator Oluremi Tinubu, on Thursday, unveiled a recapitalisation grant for 37,000 women petty traders across the 36 states and the Federal Capital Territory.

During the flag-off ceremony in Abuja, the First Lady said 1,000 women across each state and the FCT will get N50,000, totalling N1.85bn as part of her Renewed Hope Initiative’s Economic Empowerment Programme.

Related posts:

  1. Ooni of Ife unveils golden statue of First Lady Oluremi Tinubu (video)
  2. Omobarca unveils logo unveils logo of his new party, Labour Party
  3. First Lady, Oluremi Tinubu says husband is not the cause of current hardship, donates N1bn to OAU
  4. Hardship: First Lady Oluremi Tinubu denies organizing seven days national prayer

Tinubu, who was represented by the FCT Mandate Secretary for Women Affairs, Mrs Adedayo Benjamins-Laniyi, said the event was held simultaneously across the 36 states, adding that the government was aware of challenges faced by Small and Medium Enterprises in the country.

She added that the grants were given to the women to help overcome the challenges, while also creating jobs and growing their businesses.

“Today, through the Renewed Hope Initiative Economic Empowerment Programme, we are providing 1,000 pre-selected women petty traders per state with a grant of N50,000 each to recapitalize and contribute to the growth of the economy.

“A total of N1.85bn will be disbursed to 37,000 women petty traders across the nation.

“The grants provided today are to assist our women and petty traders in overcoming some of their business challenges, expanding their businesses, and creating more jobs, and contributing more robustly to our economy.”

Tinubu stressed that economic empowerment for women remained a core objective of the RHI, noting that her pet project has continued to support the reforms under the President Bola Ahmed Tinubu administration.

Speaking earlier, the FCT Minister of State, Dr. Mariya Mahmoud, in her goodwill message, described the initiatve as a significant effort by the First Lady, which would provide support for women traders to expand their businesses and improve their livelihoods and wellbeing.

Represented by her Special Adviser on Social Investments, Maijidda Musa, the Minister said investments in human capital through the Initiative in areas such as , Education, Health, Social Investment, and Agriculture has been invaluable, while commending the First Lady for making the vision a reality.

Post Views: 293
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram WhatsApp Copy Link
Previous ArticleASUU strike imminent as union gives govt 21 days ultimatum
Next Article NNPCL transfers ownership of all petrol stations to Tinubu’s nephew
Dailyblast

Related Posts

Eid-el-Kabir: FG Declares Friday and Monday as Public Holidays

June 2, 2025

90-year-old man, wife hacked to death at home in Enugu

June 2, 2025

Senator Natasha Akpoti to appear in court Tuesday

June 2, 2025
Add A Comment

Comments are closed.

Recent Posts
  • Eid-el-Kabir: FG Declares Friday and Monday as Public Holidays June 2, 2025
  • 90-year-old man, wife hacked to death at home in Enugu June 2, 2025
  • Senator Natasha Akpoti to appear in court Tuesday June 2, 2025
  • Saudi Arabia turns back over 269,000 unauthorised pilgrims from Mecca June 2, 2025
  • FG cautions car dealer over viral video ridiculing civil servants’ capacity to buy luxury cars June 2, 2025
Top Posts

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,238 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,092 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025611 Views
Latest Reviews
Most Popular

(Video) female prison officer filmed having sex with inmate in London prison

June 29, 20241,238 Views

UNN suspends lecturer for allegedly impregnating four students

February 17, 20253,092 Views

(Photos) Blood bath in Ihiala as gunmen kill billionaire businessman, seven others while preparing for mother’s burial

January 2, 2025611 Views
Our Picks

Eid-el-Kabir: FG Declares Friday and Monday as Public Holidays

90-year-old man, wife hacked to death at home in Enugu

Senator Natasha Akpoti to appear in court Tuesday

© 2025
  • Privacy Policy
  • Contact

Type above and press Enter to search. Press Esc to cancel.