Over 1000 women and youths of Ebonyi state have been empowered under the Micro Enterprises Enhancement Loan Scheme (MEES) of the Federal Government.
The empowerment was done by National Directorate of Employment (NDE) in collaboration with the member representing Ezza south/Ikwo federal constituency in the House of Representatives, Hon. Chinedu Ogah, and Chairman Revenue Mobilization, Allocation and Fiscal Commission, Chief Elias Mbam and a woman leader, Princess Tonia Adol-Awam.
Flagging off the empowerment programme in Abakaliki, Director-General of the National Directorate of Employment, Dr. Mohammed Argungu, lamented that unemployment remains a serious threat to Nigeria.
Argungu who was represented by the state Coordinator of the NDE, Marcel Igboanude, said the repercussion of mass unemployment if not properly addressed, will adversely affect the overall development objectives of the nation.
The beneficiaries were given N10,000 each as loans with 9% interest rate to start up small businesses which NDE said would make them self reliant and reduce unemployment in the country.