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Delta disburses 835.7m to 593 cooperatives

Gov. Ifeanyi Okowa of Delta said on Thursday that the State Government had disbursed N835, 700, 000 to 593 cooperative societies in the state.

Okowa stated this in Asaba while presenting the 2018 budget proposal to the State House of Assembly.

He said that the 593 cooperative societies in the 25 local government areas of the state were made up of 6,252 beneficiaries.

The governor said that the enterprises covered trading, agri-businesses and manufacturing with active participants such as market women, artisans and small farm holders.

Okowa also said that a total of 2,324 unemployed youths, including 51 persons with disabilities had been trained and established in enterprises of their choices.

“Another 4000 youths were trained in vocational centres across the state under the State Employment and Expenditure for Result (SEEFOR) project of the World Bank and European Union (EU) intervention programme,” he said.

The governor said that the state contributed N600 million as counterpart fund to the project.

He said that 5,312 youths were also employed and trained on building self-esteem, saving culture and entrepreneurship to sustain their livelihood.

He further said that no fewer than 42,000 jobs were created by programmes and projects of the various Ministries, Departments and Agencies (MDAs) of the state.

NAN/Vanguard


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