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Edo State Funds 637 LIFE-ND Beneficiaries While Training 616 Incubatees Across 56 Centres

Edo State disburses working capital to 637 LIFE-ND beneficiaries and trains 616 incubatees at 56 centres, with funding from President Bola Tinubu.

Elena Voss/3 min/NG

Business & Markets Editor

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Edo State Funds 637 LIFE-ND Beneficiaries While Training 616 Incubatees Across 56 Centres
Source: GotokyoOriginal source

TL;DR: Edo State disbursed working capital and certificates to 637 beneficiaries of the LIFE-ND project while training 616 incubatees across 56 centres. President Bola Tinubu provided the critical funding that made these interventions possible.

Context

Governor Monday Okpebholo reaffirmed his administration’s focus on agriculture as a driver of wealth creation, food security, and youth development. Speaking at the flag‑off ceremony in Benin City, he said sustainable farming is key to tackling unemployment, poverty, and rural underdevelopment. The governor’s representative, Commissioner Jerry Uwangue, highlighted the LIFE‑ND project as a strategic effort to equip youths and women with agribusiness skills, mentorship, and resources.

National Project Coordinator Sanni Abiodun, represented by Anthonia Esenwa, noted that LIFE‑ND has empowered over 4,500 youths, women, and physically‑challenged persons in Edo State. She emphasized that the federal funding demonstrates a concrete strategy for job creation and national economic growth. Esenwa urged beneficiaries to repay loans and serve as ambassadors of the program.

Key Facts

- 637 beneficiaries received working capital and certificates under LIFE‑ND in Edo State. - The project trained 616 incubatees at 56 incubation centres spread across six local government areas. - President Bola Tinubu supplied the critical funding that enabled both the disbursement and the training activities.

What It Means

The combined disbursement and training scale up Edo State’s capacity to create profitable agribusiness ventures, directly addressing job creation and food security goals. By linking financial support with hands‑on instruction, the initiative aims to reduce reliance on informal livelihoods and foster sustainable enterprise growth. Stakeholders will monitor loan repayment rates and the long‑term viability of the new businesses to gauge the project’s impact.

Edo Project Coordinator John Omoruyi said the initiative aligns with the governor’s SHINE Agenda, which prioritizes sustainable livelihoods and inclusive growth. He appealed to beneficiaries to use the working capital strictly for its intended agricultural purposes. Omoruyi also called for continued collaboration among mentors, incubation centres, and implementing partners.

What to watch next: whether the beneficiaries successfully repay their working capital loans and launch sustainable agribusinesses within the next 12‑18 months.

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