NG-CARES disburses ₦77.7m to 518 small scale traders in Zamfara

<h2>Malam Umar Nakwada, General Manager, Zamfara Community and Social Development Agency (CSDA) said it had disbursed ₦77.7 million grants to 518 small scale traders in the state.</h2>, <p>The Agency's GM noted that each of the 518 beneficiaries got a one-off grant of ₦150,000 from the fund.</p>, <span>NG-CARES disburses ₦77.7m to 518 small scale traders in Zamfara</span>, <p>Nakwada stated this in Gusau on Wednesday, August 9, 2023 at a cluster training for the second cycle of beneficiaries under the Nigeria COVID-19 Action Recovery and Economic Stimulus (NG-CARES) in the state.</p>, <p>He said that part of the reason for the training was to equip the participants with the requisite knowledge of financial literacy, saving techniques and cooperatives.</p>, <p>”The training is also about skills acquisition, entrepreneurship development, micro enterprise and management,” he said.</p>, <p>The general manager said that each of the 518 beneficiaries got a one-off grant of ₦150,000 from the fund.</p>, <p>”We are encouraging small scale traders in the state to do their businesses in a manner that will be productive.</p>, <p>”We see it as part of our responsibilities to train them, we want to see them utilising the grants effectively,” Nakwada said.</p>, <p>He urged the beneficiaries to take the training seriously and utilise the lessons learnt to improve their businesses. The News Agency of Nigeria (NAN) reports that NG-CARES programme is a $750-million state-driven initiative supported by the World Bank.</p>, <p>The programme seeks to elevate businesses affected by the COVID-19 pandemic and expand access to livelihood support. It further seeks to provide improved access to food security services and financial grants to poor and vulnerable households</p>