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Kwara gives 12 young entrepreneurs N89.2m grants

The Kwara State Government has awarded N89.2m in grants to 12 young entrepreneurs to support their businesses and create employment opportunities. Read More: https://punchng.com/kwara-gives-12-young-entrepreneurs-n89-2m-grants/

Kwara gives 12 young entrepreneurs N89.2m grants

The Kwara State Government has granted N89.2m to 12 young entrepreneurs through its Kwara State Social Investment Programme (KWASSIP) Youth Entrepreneurial Empowerment Scheme. This initiative aims to promote self-reliance, create employment opportunities, and support businesses with viable ideas. The grants were distributed by General Manager Wasiu Tejidini at his office in Ilorin.

The beneficiaries include Firdauz Muhammed Wuraola, who received N10m for Drinks 'N' Grillz, Nimotallah Mohammed Kpayero with N15.9m for Ban Shea Products, Ahmed Kuburat of Kaddy Nigeria with N15m, and Fatigun Subomi Emmanuel of Waka Studios with N10m. Other recipients include Anifowose Favour Boluwatife of Esthad Luxe Jewels, Ibrahim Maryam Modupeola of Kleen Klear, Ajiboye Opeyemi Rasheed of Tailorgang Fashion House, Yusuf Dolapo Azeezat of Day Varieties Enterprise, Akinyode Bosede Temilade of Global LightTrust Integrated Ventures, Badeji Sherifat Modupe of BSM Fashion, and Adeshewa Kolawole of Day-Yank Fashion, each receiving N5m.

Tejidini emphasized the importance of supporting young entrepreneurs with promising business ideas to foster growth and job creation. He highlighted that the beneficiaries were chosen based on their business proposals and letters of request, approved by Governor AbdulRahman AbdulRazaq. The KWASSIP general manager urged the beneficiaries to utilize the funds responsibly, aligning with their project objectives.

Additionally, the state government has supported over 1,000 young people through the Kwapreneur programme, another KWASSIP initiative focused on youth empowerment and enterprise development. Beneficiaries Ajiboye and Kpayero expressed gratitude to the government for the financial support, stating that it will help them expand their businesses, acquire additional equipment, increase production capacity, and create jobs.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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