Adamawa State Government has flagged off a major poverty reduction initiative with the disbursement of N5 billion to beneficiaries under the Fintiri Business Wallet, a programme designed to support small businesses and improve household incomes across the state.
The programme, implemented through the poverty alleviation agency under the Ministry of Entrepreneurship, is set to empower 100,000 beneficiaries with 50,000 naira each across the 226 political wards of the 21 Local Government Areas of Adamawa State. The official flag off ceremony marked the beginning of what the government described as a deliberate intervention to strengthen small and medium scale enterprises and uplift livelihoods.
Speaking at the event, the Director General of the Poverty Alleviation and Wealth Creation Agency, PAWECA, Michael Zira, said the initiative goes beyond cash distribution. “Today we are merely disbursing funds. We are transforming lives and securing the economic future of Adamawa State,” he stated.
Stakeholders at the ceremony described the programme as a practical and timely response to economic hardship, noting that direct support to citizens helps sustain livelihoods and restore confidence in productive work at the grassroots.
The Deputy Governor of Adamawa State, Kaletapwa Farauta, who represented Governor Ahmadu Umaru Fintiri at the event, reaffirmed the administration’s commitment to people focused policies, stressing that poverty reduction remains central to the government’s agenda.
“About N5 billion as of today will be put into the economy of Adamawa State to ensure that the lives of our people are not only improved but that the economy of Adamawa continues to strive to bring Adamawa to the level of competing with other states across Nigeria,” she said.
Farauta also highlighted the social impact of the programme, noting that many beneficiaries previously lacked the means to start small businesses. “I also want to let us know that as we stand here today are people that have could not do a small business on their own and 100,000 of them will be empowered so that they can put their hands to a skill or to a small business to ensure that every household has something that they depend on,” she added. The programme targets inclusive growth statewide.
