Skip to main content

NDCCITMA Drives Grassroots Economic Growth Across Niger Delta with ₦1.5 Billion Support Scheme - Livenewsguns

 



By Ifiokabasi Abia


The Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has rolled out a ₦1.5 billion empowerment initiative to support over 2,000 entrepreneurs and small businesses across the Niger Delta region.


Through this ambitious program, beneficiaries will receive grants and soft loans ranging from ₦200,000 for nano enterprises to ₦3 million and above for micro and small businesses, in a bid to strengthen local economies and stimulate sustainable growth.



Covering Akwa Ibom, Bayelsa, Rivers, Edo, and Delta States, the initiative underscores NDCCITMA’s firm commitment to inclusive economic development and poverty reduction through grassroots entrepreneurship.


Speaking during the official flag-off ceremony of the Economic Development and Investment Partnership Scheme held at the Technology Incubation Centre, Uyo, the Vice Chairman and one   of the  Directors of NDCCITMA, Akwa Ibom State, Engr. Dr. Iniobong Esuene, reaffirmed the Chamber’s mission to empower small-scale business owners with affordable and accessible capital.



“At this point, let’s rewrite our stories — not of militancy or chaos, but of progress and productivity,”

— Engr. Iniobong Esuene, NDCCITMA Director


According to Dr. Esuene, the funding intervention offers one of the most favorable terms in Nigeria’s financial space — 8% interest rate repayable over 12 to 18 months — structured to help entrepreneurs build resilience and achieve long-term sustainability.



“We want beneficiaries to put the money to productive use, grow their businesses, and create wealth for the next generation,” he added.


Representing the Chairman of the Uyo Chamber of Commerce, Industry, Trade, Mines and Agriculture (UYOCCITMA), Dr. Emmanuel Akpanobong, Mrs. Susan Ukoabasi praised NDCCITMA for its community-centered initiative. She urged recipients to utilize the funds wisely and ensure timely repayment so others can benefit from the revolving scheme.



In the same vein, the Chairman of the Nigerian Association of Small and Medium Enterprises (NASME), Akwa Ibom State Chapter, Dr. Ime Edoho, applauded NDCCITMA for its responsiveness to the economic challenges faced by small business owners.


“This intervention will cushion the harsh effects of the current economy and help MSMEs remain afloat. NASME is proud to be part of this transformative initiative,” Dr. Edoho remarked.



Also lending his voice, Prince Offiong Ben, representing Rural Integrated Food Growers (INTERGROW), described the scheme as a bold and strategic move to boost agricultural productivity and improve rural livelihoods.


“This initiative brings real support to farmers, processors, and distributors. NDCCITMA deserves commendation for starting from the grassroots — from the nano level — and scaling upward,” he said.



The Manager of the Technology Incubation Centre, Uyo, Mrs. Iniobong Elshadai, hailed the initiative as a milestone achievement that would create jobs, drive industrial growth, and promote sustainable partnerships across Akwa Ibom State.


“We appreciate NDCCITMA’s vision to carry the burden of industrial development and provide genuine opportunities for entrepreneurs. Today’s collaboration reflects transparency and shared commitment,” she noted.


The Akwa Ibom State NDCCITMA leadership team comprises Chief Edet Jonathan Ekwere, Mrs. Affiong Israel Ibanga, and Engr. Iniobong Esuene, vice chairman of NDCCITMA.


The highlight of the ceremony was the presentation of cheques to selected beneficiaries, officially marking the commencement of NDCCITMA’s ₦1.5 billion economic empowerment program — a bold step toward reshaping the economic future of the Niger Delta region.

Labels:

Comments

Post a Comment

Popular posts from this blog

Ikono Council Boss Celebrates Elder Effiong Udofia at 70

  By Ifiokabasi Abia As the saying goes, “When the righteous are on the throne, the people rejoice.”This timeless truth perfectly reflects the leadership style of Rt. Hon. Otobong Essien, Executive Chairman of **Ikono Local Government Council. The 70th birthday celebration and thanksgiving service of Elder Edet Effiong Udofia, a seasoned administrator and long-serving works supervisor, held special significance as it coincided with the one-year anniversary thanksgiving service** of the Ikono Local Government Council. The atmosphere came alive with jubilation and cheers upon the arrival of the council boss. The electrifying excitement in the air reflected the people’s love, admiration, and social acceptance of the Rt. Hon. Otobong Essien-led administration—one that has remained steadfast in its people-centered approach to governance. Rt. Hon. Essien has consistently demonstrated a passion for human development and welfare. His leadership style bridges the gap between government and ...
Post a Comment
Read more

NDCCITMA SET TO HOLD ECONOMIC DEVELOPMENT INITIATIVE SCHEME, FRIDAY 17, OCTOBER - LIVENEWSGUNS

. . . Tackle economic challenges at grassroots  "Teach us how to fish and we will never lack fish." This age-long adage captures the enduring philosophy of the Niger Delta people. The Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) was established to tackle economic challenges at the grassroots and promote sustainable development across the region. Its mission is to create economic empowerment through entrepreneurship, skill acquisition, and local industrial growth. NDCCITMA seeks to collaborate and engage with major industries to establish vocational and technical training centres throughout the Niger Delta.  These centres will focus on under-water welding, gas welding, agricultural innovation, and other vocational trades, reducing dependence on imports while harnessing the region’s abundant resources.  This initiative aims to fight poverty, improve food security, and drive inclusive economic progress. The Niger Delta Development Commi...
Post a Comment
Read more
NEW PRIZE FOR ACADEMIC EXCELLENCE IN GOV. UDOM’S NAME EXCITES UNIUYO STUDENTS …AS STUDENTS’ UNION HONOURS AKS PDP PUBLICITY SECRETARY Beginning from this academic session, students in the Department may be taking their strive for academic excellence a few notches higher, following the institution of a new enticing Prize for academic excellence for best students at all levels in the Department. The new Prize instituted by the Publicity Secretary of the Peoples Democratic Party in Akwa Ibom State, Comrade Ini Ememobong will be known as Governor Udom & Martha Udom Emmanuel’s Prize for Academic Excellence. Instituting the Prize shortly after being conferred with an Award of Excellence at a Dinner organized by the Students Historical and Diplomatic Society of Nigeria, University of Uyo, Comrade Ini Ememobong said the award which is in support of Governor Udom Emmanuel’s giant strides in all levels of education in the state will be awarded to the male and female students with t...
Post a Comment
Read more