Chanchaga Council empowers 1,100 women traders with ₦20 million in cash support
The Chanchaga Local Government Council of Niger State has provided financial support to approximately 1,100 women petty traders across its eleven wards to enhance their businesses.
During the launch of the cash support program at Makera ward, Council Chairman Hon. Aminu Yakubu Ladan stated that the initiative aims to help women traders expand their businesses and alleviate the economic hardships they face. He emphasised that the council's programs are designed to be people-orientated, reflecting their commitment to the community's mandate.
Hon. Ladan revealed that the council has allocated about ₦20 million for this initiative, recognising the crucial role women play in family upkeep. He announced that business owners with capital below ₦500,000 would be exempt from paying taxes, with the executive and legislative arms of the council collaborating to implement this decision.
The chairman detailed the categories of beneficiaries: those involved in training others will receive ₦50,000, the second category will get ₦20,000, and the third category will receive ₦10,000. The council aims to empower 5,000 youths and women by the end of 2024, aligning with the state governor's empowerment efforts.
Hon. Ladan also urged the youth to avoid violence and thuggery, assuring them of the council's support in earning a decent living.
Hon. Yahuza, leader of the Chanchaga legislative council and councillor for Makera ward, praised the chairman for his inclusive approach. He noted that the financial support would significantly reduce the beneficiaries' hardships and encouraged them to use the funds effectively.
Beneficiaries expressed their gratitude, promising to invest the money in their businesses. Each of the eleven wards will have 100 beneficiaries.