$30m counterpart funding: Group alleges NDDC default denies 3 states IFAD-assisted empowerment

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From Tony John, Port Harcourt

The Livelihood Improvement Family Enterprises Project for the Niger Delta (LIFE-ND) has said the failure of the Niger Delta Development Commission (NDDC) to release its $30 million counterpart funding into the group has continued to deny 13,500 women and youth the empowerment benefits.

The International Fund for Agricultural Development (IFAD) assisted LIFE-ND involving agro skills and entrepreneurship training for youths in the Niger Delta was initiated by Federal Government in  2019, to curb youth restiveness through job creation, enhance food security and economic development.

Its National Coordinator,  Abiodun Sanni, disclosed this at  stakeholders’ gathering in Port Harcourt, Rivers State, yesterday,  to launch the certification of the project into an Entrepreneurship Development Institute by the Nirsal Micro Finance Bank (NMFB).

Sanni said Akwa Ibom, Imo and Rivers States are yet to come on board because of the NDDC default,  while six other states in the region have gained so much.

“With the launch of the project as an Entrepreneurship Development Institute by the NMFB, we are set to catalyse the LIFE-ND of training youths and women of the Niger Delta with the benefit of certification and access to finance through NMFB.

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