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Borno State Governor, Babagana Zulum has released grants worth N814 million to 9,154 micro, Small and Medium sized enterprises to stimulate Local businesses in the state

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Borno State Governor, Professor Babagana Zulum has released grants worth N814 million to 9,154 micro, Small and Medium sized enterprises to stimulate Local businesses in the state.

The Governor gave the grants yesterday at the launch of the, Borno COVID-19 Action Recovery and Economic Stimulus, programme, codenamed BO-CARES.

BO-CARES, Zulum explained at the launch, hopes to minimize youth restiveness by boosting individual and cooperative businesses operated by youths.

The 9,154 beneficiaries were made up of 4,024 tricycle operators, 3,130 operators of mobile phone repairers and retailers under the and 2,000 tailors from the Borno State Tailoring Association.

The Borno State Commissioner for Youth Empowerment, Sports Development and Poverty Alleviation, Saina Buba, noted that Zulum had in three years disbursed 4.2 billion naira to numerous groups to stimulate Borno’s economy.

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