Thursday
March 20
2025

Zulum Approves N1 Billion Grant to Boost MSMEs in Nigeria

By  Olusola Blessing

Borno State Governor, Babagana Zulum, has approved N1 billion in grants to support 9,403 Micro, Small, and Medium Enterprises (MSMEs) in Biu and Hawul Local Government Areas. The initiative, part of the state’s broader economic empowerment strategy, aims to strengthen local businesses, create jobs, and reduce poverty.

Photo courtesy of USAID Digital Development.

Source: MSME Africa (link opens in a new window)

Categories
Investing
Tags
employment, MSMEs, poverty alleviation, youth