Oyo State, FCMB, Mastercard Foundation Disburse ₦1.5 billion to Youth Farmers

Oyo State Government and First City Monument Bank (FCMB) person supported 1,000 young agripreneurs to boost nutrient accumulation and enactment youth-led businesses by disbursing ₦1.5 cardinal successful collateral-free loans.

This interaction was made imaginable done the Easylift programme, successful concern with the Mastercard Foundation.

The backing combines ₦500 cardinal from the authorities authorities with ₦1 cardinal (one cardinal naira) deployed done the Easylift programme.

The agripreneurs inaugural falls nether the Youth Entrepreneurship successful Agribusiness Project (YEAP) and the Sustainable Actions for Economic Recovery (SAfER) programme.

Governor Seyi Makinde said the programme is designed to physique semipermanent economical capableness alternatively than supply one-off fiscal support.

“This is astir reinforcing a system,” Makinde said astatine the disbursement lawsuit held astatine ...