The Anambra State Governor, Charles Chukwuma Soludo has empowered 5,000 youth with N400,000 each with tune of N2,000,000,000.
The beneficiaries of the start up capital totaling N2 billion were picked from the ‘One Youth – Two Skills Programme’ organized by the Anambra State Government.
Soludo presented the cheques during the graduation and business financing ceremony for beneficiaries of the first batch of the scheme on Friday.
He explained that having formed themselves into cooperatives, there is a special funding put aside through Anambra State Small Business Agency, for those who want to scale up their enterprise to access grants of up to N5m.
He pointed out that the grant that would be received by each of them should be enough to purchase the equipment they need to start.