FG Disburses N11b To Batch-3 YouWin Beneficiaries
The federal government has disbursed the total sum of N10, 995, 391, 260billion to the beneficiaries of the third edition of the YouWiN! programme from 2015 to date.
The Minister of Finance, Mrs. Kemi Adeosun disclosed this while releasing the last payment of N125, 640, 000 for disbursement to the final 61 beneficiaries of the third edition of the programme.
Of the total sum, N8, 396, 905,038 billion was disbursed by the President Muhammadu Buhari-led administration.
By January 2018, the total amount disbursed to beneficiaries of the third edition of the YouWiN! programme will be N11, 121, 031, 260 billion, of which the current administration has disbursed N8, 522, 545,038 billion,”she announced.
The amount was disbursed to 1, 500 beneficiaries who have started or expanded their business across a variety of sectors, including Information and Communication Technology (ICT), Manufacturing, Services and Agricultural Production and Processing.
Other areas covered under the third edition were Fashion and Entertainment, while various technical support were extended to over 18, 000 beneficiaries in the areas of access to markets and finance as well as capacity building in business management, accounting and operations.