The National Directorate of Employment, NDE, has announced the disbursement of N1.4m as loans to 74 beneficiaries in the Micro Enterprise Enhancement Scheme.
Director-General of NDE, Abubakar Fikpo said the loan was meant to expand small businesses, which would in turn have a multiplier effect on the nation’s economy.
Fikpo, cautioned the beneficiaries that the money was a loan and not a grant and as such must be repaid.