Making the disbursement at Eku, Ethiope East Local Government Area of Delta State, Governor Emmanuel Uduaghan stated that the Micro Credit Programme of his administration was designed to make Deltans economically buoyant and employers of labour.
According to him, the funds released to beneficiaries of the scheme was take-off capital which should yield profit if properly managed, adding that there was no discrimination in the choice of beneficiaries.
He disclosed that over 100,000 Deltans have benefitted from the micro credit scheme since its introduction in 2007 and they have become employers of labour.
The Delta State Deputy Governor, Prof. Amos Utuama, also emphasised the judicious use of the funds given to them, while the Commissioner for Poverty Alleviation, Dr Anthonia Ashiedu, disclosed that the programme has been sustained to empower Deltans, especially women.
Beneficiaries of the scheme who spoke at the occasion said that their businesses have grown and that they have become employers of labour instead of job seekers.