On Thursday, the Delta State Government distributed over N500 million in grants to support the businesses of more than 5,000 residents. Governor Sheriff Oborevweri presented the cheques to the beneficiaries during the launch of the MORE Grant Scheme in Asaba.
This initiative aims to empower 5,426 Deltans, including 1,600 petty traders, 1,826 artisans, and 2,000 female entrepreneurs, with grants ranging from N100,000 to N150,000.
Governor Oborevweri highlighted the importance of the beneficiaries’ hard work and creativity in bolstering the local economy. He reaffirmed the government’s commitment to supporting their endeavors, stating, “The MORE Grant Scheme represents a beacon of hope and a catalyst for positive change, providing critical resources to help you scale up your businesses and improve your livelihoods.”
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He acknowledged the efforts of petty traders from vulnerable households who strive daily to secure a better future for their families and communities. “The MORE Grant Scheme will continue to provide the financial assistance necessary to transform small ventures into flourishing enterprises, thereby improving the quality of life for our people and contributing to the state’s economic growth,” he added. The grants will enable beneficiaries to acquire better tools, access quality materials, and reach wider markets, enhancing the rich traditions of the Delta people.
Commissioner for Humanitarian Affairs, Community Support Services, and Girl-Child Development, Orode Uduaghan, also spoke at the event, explaining that the project is structured in three phases to empower various segments of the state.
The first phase targets petty traders, whom she described as the “heartbeat” of the local economy. Uduaghan emphasized the significant impact that even small amounts of additional capital can have on these hardworking traders, who play a crucial role in the fabric of Delta’s communities.
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