• News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
MSME Africa
  • News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
  • News
  • Business
  • Opportunities
    • Articles & Resources
  • Spotlight
  • Views
    • Interviews
    • Opinions
  • MSME Jobs
  • More
    • Africa
    • World
  • webmail
  • Terms of Use
No Result
View All Result
MSME Africa
No Result
View All Result

Zulum Disburses N1bn to SMEs in Borno South to Drive Post-Insurgency Recovery

Olusola Blessing by Olusola Blessing
January 10, 2026
in Business, News
0
Zulum Disburses N1bn to SMEs in Borno South to Drive Post-Insurgency Recovery
Share

Borno State Governor Babagana Zulum has disbursed N1 billion in cash support to small and medium-scale enterprises across five local government areas in Borno South Senatorial District, reinforcing the state’s focus on grassroots economic recovery and self-reliance.

 

The disbursement, unveiled in Biu, targets entrepreneurs in Biu, Hawul, Shani, Bayo and Kwaya-Kusar, with the governor describing direct capital support as critical to rebuilding rural economies after years of insecurity. He said strengthening SMEs remains central to restoring livelihoods, boosting local production and reducing dependence on aid in post-insurgency communities.

 

Zulum noted that small businesses play a vital role in job creation and social stability, especially in areas recovering from conflict. By injecting funds directly into local enterprises, the government aims to improve business sustainability, expand household incomes and stimulate community-level economic activity.

 

Beyond the SME intervention, the governor ordered the immediate employment of 200 youths from Biu, linking the move to efforts to curb youth restiveness and promote long-term social stability. He also inaugurated a remodelled Second Chance School in Biu, designed to provide vulnerable girls and women with access to education, skills acquisition and digital knowledge, particularly those who missed formal schooling due to displacement or hardship.

 

The governor further announced the automatic employment of volunteer health workers during a visit to Biu Specialist Hospital, acknowledging their service and strengthening the local healthcare workforce. He also inspected a 100-unit teachers’ housing estate under construction, describing it as an incentive to attract and retain qualified teachers in public schools.

In addition, Zulum directed the immediate rehabilitation of the Borno State Hotel Annexe in Biu, a move expected to support local commerce and hospitality-related businesses once completed.

 

For MSMEs in southern Borno, the intervention signals a broader recovery strategy that combines enterprise funding, employment, education and social infrastructure. As security conditions improve, the state government is positioning small businesses as key drivers of inclusive growth, stability and long-term economic resilience.

 

Post Views: 15
Share

Related Posts:

  • Best Cities to live as an Entrepreneur in Nigeria
    Ultimate 2025 Guide to the Top Business Enabling…
  • MSME Africa Unveils Top 50 Remarkable MSME Founders 2023, Awards them $25,000 in Media Credits
    MSME Africa Unveils Top 50 Remarkable MSME Founders…
  • Africa must prepare for the inevitability of a global food crisis - Akinwumi Adesina
    Overcoming Binding Constraints to Competitive…
  • images (15)
    Zulum Approves N1 Billion Grant to Boost MSMEs in Borno
  • Top 15 Social Media Marketing Tools for Nigerian Entrepreneurs
    15 Social Media Management Tools That Will Make Life…
  • Nigerian Government Agencies that Support Entrepreneurship
    Nigerian Government Agencies that Support…
Tags: Babagana ZulumBorno StateInclusive GrowthJob CreationMSME fundingNigeria Economypost-insurgency recoveryrural developmentSmall BusinessesSMEs
Previous Post

Federal Government Allocates N6bn to Personnel Costs at Ajaokuta Steel as Plant Remains Non-Operational

Next Post

FG Launches Nigeria House in Davos to Pitch Reforms, Investment Opportunities at WEF 2026

Next Post
FG Launches Nigeria House in Davos to Pitch Reforms, Investment Opportunities at WEF 2026

FG Launches Nigeria House in Davos to Pitch Reforms, Investment Opportunities at WEF 2026

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
Join MSME on Whatsapp
Subscribe To Our Newsletter
Enter your email to receive a weekly round-up of our best posts. Learn more!
icon
By subscribing, you agree with our privacy policy and our terms of service.

Recent Posts

  • WealthGate Africa Equips Women with Practical Wealth-Building Skills in Lagos
  • Federal Government Moves to Sign 40% Salary Increase Deal with ASUU January 14
  • DisCos Install Just 90,172 Meters in Six Years as Nigeria’s Metering Gap Deepens
  • Federal Government Launches Livestock Insemination and Veterinary Centres in Sokoto to Boost Rural Economy
  • Money Entering Bank Accounts is not Automatically Taxable Under Nigeria’s New Tax Law, Says Economic Analyst

Recent Comments

  • 10 Reasons Why SMEs Should Invest in Video Marketing - MSME Africa on How to Create Viral Videos for Social Media in 2024
  • link alay4d on 5 Nigerian-based Companies Providing Accelerator Programs for Startups in 2024
  • Damilare Oladeji on Nigerian Government Agencies that Support Entrepreneurship in 2024
  • situs alay4d on 50 Best Tools to Boost Your Productivity as an Entrepreneur in 2025
  • Otabor Osayomore Blessing on Ultimate 2025 Guide to the Top Business Enabling Cities for Startup Founders and Entrepreneurs in Nigeria
  • About us
  • Advertise with Us
  • Contact Us
  • Home
  • News
  • Newsletter
  • Submit News
  • Terms of Use

© 2023 MSME Africa - All rights reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Financial Services
  • Opportunities
  • About Us

© 2023 MSME Africa - All rights reserved.