42 rural farmers in Delta State have received N4.2 million revolving agricultural loans from the National Directorate of Employment.
Receiving the loan, beneficiaries commended the Directorate for granting them access to the loans.
Speaking on behalf of the beneficiaries, Mr Celestine Onyehazia, thanked the NDE for granting them access to the loans and pledged their collective resolve to pay back in time.
Addressing the beneficiaries, the Director General, NDE, Mallam Abubakar Fikpo, said the exercise marks the commencement of loan disbursement for the four different agricultural loans under the Rural Employment Promotion (REP) Department in the state.
He said, “This event is memorable and life-changing that will go a long way to contributing positively to the development of the youths as well as the economy of the nation.
“It is the flag-off of the four loan schemes; Sustainable Agricultural Development Empowerment (SADES), Graduate Agricultural Empowerment Scheme (GAES), Agricultural Enhancement Scheme(AES) and Community-Based Agricultural Empowerment Scheme(CBAES).”