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Zulum Launches 2nd Phase Of N1bn Support For ‘Low-profile’ Entrepreneurs In Biu, Borno

Governor Babagana Umara Zulum of Borno State in North-East Nigeria on Friday in Biu, flagged off a second phase of economic support for small and medium enterprises in three local government areas.

According to a statement by his spokesman, Isa Gusau, a total of N1 billion was set aside for disbursement to about 5,000 entrepreneurs from six local governments of Biu, Gowza, Ngala, Monguno, Mobbar and Maiduguri Metropolitan Council.

Borno State Government in collaboration with the Bank of industry, equally raised N1 billion for disbursement to entrepreneurs in form of interest free loans. Each party brought N500m.

Aside launching the economic support in Biu, Zulum distributed over 80 commercial vehicles and tricycles (Keke Napep) to different beneficiaries ad part of social protection and livelihood support.

While making a remark, the governor charged the beneficiaries to make proper use of the empowerment package distributed.

He also said any of the beneficiaries that repays 50% of the total amount they received in three years, government will waive the remaining 50%.

Before reaching Biu, Zulum in December 2020, disbursed N154m to various entrepreneurs within Maiduguri.

Before them, in January 2020, N515m was disbursed in ‘cash for work’ programme in which 2,862 members of “Ecomog”, an outlawed political political thuggery group, were paid N30,000 each month for a half of the year.

The youths received payments for cleaning the streets. Earlier in December 2019, N384m was distributed to empower street beggars in preparation to ban street begging.

In another development, Zulum has extended his ban on political thuggery to Biu. Zulum has since 2019 stopped political thuggery where it was a major menace.

Going tough on Biu, the governor directed security agencies to arrest anyone parading his or herself as political thug to terrorise citizens.

“The Commissioner of Police, the Director SSS, and all the security establishment are hereby directed to arrest anyone that paraded himself as ECOMOG as from 6:00 am tomorrow,” he declared.

Zulum also said, “any politician who is sponsoring such thugs shall be dealt with accordingly.”

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