Aid: Zulum disburses N343m, food in Ngala 



Governor Babagana Umara Zulum on Saturday in Gamboru, supervised disbursement of N343m and varieties of food to aid part of economic, and humanitarian intervention to residents of border community in Ngala local government area of Borno State.
Gamboru shared border with Cameroon through which Chad and Central are reached by road.
N343 combined sum of N150m distributed as soft loan and grants to small and medium scale traders, and N193m disbursed to 48,700 vulnerable residents.
N150m to traders
Governor Babagana Umara Zulum arrived Gamboru on Friday, after passing two nights in Dikwa, and on Saturday, he flagged off disbursement of N150m to traders.
Zulum personally took time to verify the list of beneficiaries, explaining that his action was to ensure deserving persons were allotted the loans, in the aim to stimulate the local economy.
19 traders received N1m, 25 traders received N500,000 each, other categories received between N250,000, N100,000 and N30,000 each, depending on sizes of their , the jobs they create and capacity to off-set loans.
The Governor explained that, the loan/grant with refundable period of four years, was meant to resuscitate and livelihoods destroyed by the Boko Haram insurgents in communities of Gwoza.
As he explained in Biu and Gwoza where similar disbursements were made weeks back, Zulum emphasized in Gamboru, that any beneficiary that is able to repay 50% his or her loans record time will enjoy waiver of the balance of 50%, while those who deliberately fail to repay the dateline will made to repay 100% of what they received as loans and grants.
N193m, food to vulnerable residents
Aside disbursing N150m to traders, Governor Zulum, still in Gamboru, disbursed N193m vulnerable residents from different communities of Ngala local government.
Combined of 48,700 residents received cash and variety of food items during the Governor’s humanitarian trip.
30,000 residents received N5,000 cash and a wrapper each, another 4,372 male residents received N10,000 cash each, while 14,328 male residents, each received a bag of , a bag of Maize grain and a bag of beans.