From Lawal Sa’idu Funtua, Katsina
The Federal Government has commenced disbursement of N50 million loan to 5,000 small scale business operators in Katsina State under Tradermoni initiative to cushion the harsh effect of covid-19.
The Minister of Humanitarian Affairs, Hajiya Sadiya Farouq stated this weekend in Katsina while flagging off the disbursement.
The minister, represented by a Deputy Director in the ministry, Dr. Suleiman Abubakar, said that the beneficiaries would receive SMS alert via their mobile phones.
She said that each beneficiary would receive N10,000 as loan to boost their businesses in the state.
The minister urged the beneficiaries to make good use of the money.
The minister also said that the Federal Government has donated 1,800 bags of rice to residents of Daura and Dutsin-ma local government areas of the state who were under lockdown to prevent spread of covid-19.
She handed over the rice allocation to the state government for onward distribution to the beneficiaries.
In his remarks, the Special Adviser to Gov Aminu Masari on Empowerment and Social Investment, Alhaji Abdulkadir Nasir, commended the federal government for the interventions.
He said that the loan would assist to cushion the harsh effect of the covid-19, among the beneficiaries.
He said that the state governor has already directed the Covid-19 Emergency Response Committee to ensure that the rice was distributed to the eligible residents of the two local government areas.
Some of the beneficiaries of the Tradermoni programme interviewed, commended the federal government for the intervention and assured to make good use of the funds.
They also urged the ministry to widen the scope of the programme to enable more persons enjoy the gesture.