The Minister of Women Affairs and Social Development, Mrs Aisha Alhassan, said N200 million would be disbursed to eight pilot states each through the National Women Empowerment Fund (NAWEF) to empower women at the grassroots.
Alhassan said this during a media briefing on the take-off of the National Women Empowerment Fund (NAWEF) and the Government Enterprise and Empowerment Programme (GEEP) in Abuja.
She said the eight pilot states are Adamawa, Borno, Yobe, Nasarawa, Jigawa, Akwa Ibom, Osun, and Abia, adding that other states would benefit later. She added that “the NAWEF targets 10,000 women beneficiaries in each of the pilot states; the condition of the loans both under the GEEP and NAWEF are the same.
“The GEEP programme is one of the five Federal Government Social Investment Programme targeted at providing loans to young men and women from all states on liberal condition.
“Under both programmes, each beneficiary will receive between N10,000 and N100,000, depending on the type of business or trade with no interest, no collateral and repayable in six months.”