ANAMBRA WOMEN BENEFIT FROM RENEWED HOPE EMPOWERMENT INITIATIVE
REPORTER: UCHE NDEKE
The Federal Government has empowered 1000 women petty traders in Anambra State with a recapitalisation grant of N50,000.00 each from the Renewed Hope Initiative (RHI), Economic Empowerment Programme.
The initiative, being championed by the President’s wife, Senator Oluremi Tinubu, is aimed at improving the living standards of vulnerable Nigerians, particularly, women, including persons with disabilities.
While commissioning the distribution of the cash at the Anambra State Governor’s Lodge, Amawbia, Mrs. Tinubu said that the renewed hope initiative was all about making every woman in Nigeria self-reliant.
She noted that this was being done by providing the beneficiaries with the wherewithal and conducive environment to be economically productive and employers of labour.
According to the President’s wife, the empowerment of 1000 women petty traders that was taking place simultaneously across the 36 states of the federation and the Federal Capital Territory was part of the Federal Government’s continued commitment to driving economic growth towards a better life for families.
”We are all aware of the challenges faced by Small and Medium Enterprises (SMEs), especially the petty traders, who form the backbone of our local economies.
“These challenges, however, have not deterred the strength of our women. I salute you all and celebrate your courage and resilience that keep you going, to put food on the table for your families.
”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 grow their businesses.
“A total of One Billion, Eight Hundred and Fifty Million Naira (N1,850,0000,000.00) will be disbursed to 37,000 women petty traders across the nation. The grants provided today are to assist our women petty traders in overcoming some of their business challenges, expand their businesses, creating more jobs, and contributing more robustly to our economy.
“Economic empowerment remains a core objective of the Renewed Hope Initiative and we have consistently delivered on this promise for both women and youth across the six (6) geopolitical zones to support the economic reforms of the administration of His Excellency, President Bola Ahmed Tinubu, GCFR,” the First Lady stated.
The distribution ceremony was performed by the wife of the Governor of Anambra State, Mrs. Nonye Soludo on behalf of the President’s wife at the Governor’s Lodge.
The beneficiaries in their unanimous commendation, assured Mrs. Tinubu and Soludo’s wife of their continued support towards a better Nigeria.
EDITED BY CHUKWUBUIKE MADU
