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Sen. Tinubu Empowers 1,000 Rivers Women With N50M Grant

Stanley Uhegbu by Stanley Uhegbu
September 27, 2024
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Sen. Tinubu Empowers 1,000 Rivers Women With N50M Grant

Photo Credit: Elan Pics

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Nigeria’s First Lady, Senator Oluremi Tinubu, has provided financial support to 1,000 women petty traders in the 23 Local Government Areas of Rivers State.

Wife of the Rivers State Governor, Lady Valerie Siminalayi Fubara presented the cheques to the 1,000 beneficiaries who received ₦50,000 each at the Banquet Hall of Government House in Port Harcourt on Friday.

Senator, Tinubu is the National Chairman of the Renewed Hope Initiative (RHI) under whose auspices the grants were coordinated.

Christened, RHI’s Economic Empowerment Programme Recapitalization Grants for 1,000 Women Petty Traders in Rivers State, the gesture gears towards driving economic growth and enhancing the livelihoods of petty traders in the State.

“These challenges, however, have not deterred the strength of our women. I salute you all and celebrate your courage and resilience that keep you going, to put food on the table for your families.

“Today, through the Renewed Hope Initiative Economic Empowerment Programme, we are providing 1,000 pre-selected women petty traders in each state with a grant of N50,000 each to recapitalize and grow their businesses.

“A total of N1.850billion will be disbursed to 37,000 women petty traders across the nation,” she said, adding that economic empowerment remains a core objective of the Renewed Hope Initiative,” Sen. Tinubu said.

Friday, September 27, 2024.

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