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Bagudu inaugurates disbursement of N500m KB-CARES grants to 4,000 beneficiaries

Gbemi Banks by Gbemi Banks
November 18, 2022
in Finance, News, Politics
0
Gov. Atiku Bagudu of Kebbi State on Thursday inaugurated the disbursement of about N500 million to more than 4,000 beneficiaries under the KB-CARES program.
Under the social transfer program, 1,950 beneficiaries will get N20,000 bi-monthly transfer for a period of 24 months.
Speaking at take-off of the program in Birnin Kebbi, the governor said NG-CARES was a tripartite intervention program jointly sponsored by the World Bank, Federal and State Governments.
According to him, the program is meant to cushion the effects of COVID-19 pandemic occasioned by the lockdowns that followed the pandemic.
The governor said that the lockdowns made the citizens of the world stayed indoors without being capable of engaging in any meaningful socio-economic activities.
Bagudu said that the program was divided into many parts with a lot of farmers provided with free assorted fertilizers, inputs, chemicals among other items.
He said: “Today’s event is specifically for the launch of two main types of support.
“The funds for this category are already in commercial banks across the state and disbursement had commenced.
“Similarly, under the livelihood support grants, the same number of beneficiaries will also benefit.”
Tags: Gov. Atiku BaguduKB-CARESKebbi State
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.