More than 40,000 women in Katsina State are set to benefit from a new business-capital intervention launched under the Nigeria for Women Programme Scale-Up project. Vice President Kashim Shettima flagged off the disbursement of the Community Investment Fund in Katsina on Sunday. The programme is designed to provide additional capital to women who have participated in Women Affinity Groups and fulfilled the required eligibility conditions. The beneficiaries are expected to use the funds to establish new businesses, expand existing enterprises and strengthen their household incomes. Shettima described the programme as an investment in women’s economic potential and an important tool for reducing poverty. The Vice President urged beneficiaries to use the funds wisely, maintain proper financial records and continue the culture of savings that helped qualify them for the programme. Katsina State Governor Dikko Radda also announced a commitment of more than ₦4 billion to the initiative. The governor said the state had provided counterpart funding that helped expand the programme from six local government areas to all 34 local government areas in Katsina. He described women’s economic empowerment as an important part of his administration’s development agenda. The disbursement is expected to provide thousands of women with additional financial resources to grow small businesses and improve household incomes. Government officials also stressed the importance of transparency and accountability in the implementation of the programme. For many beneficiaries, the intervention could provide much-needed capital at a time when access to affordable finance remains a major challenge for small business owners.
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