Adamawa Monarch Call For Prompt Payment Of Micro - Credit By Beneficiaries
The Bachama Traditional ruler, Chief Honest Irmiya, has called on the potential beneficiaries of the Micro-credit loan facility of the "Bindow for social change" to pay back the loans promptly, as it is the sure way of keeping the policy of changing the lives of people by Bindow's administration.
The paramount ruler of the Bachama kingdom made the call during an advocacy visit by the state ministry of Information on the Grassroot Change Initiative (GCI) for the Bindow for social Change.
Irmiya, who is one of the first class chiefs in the state, said that the prompt payment of such loan would enable others to benefit in the long run.
He commended the state government for the gesture, adding that such vision would reduce the attitude of dependency on the government.
He advised the people not to sabotage the good policies of the administration, adding that the policies were aimed at positive change.
He encouraged the government to sustain such good policies, noting that policy summer Sault were the cause of underdevelopment.
``I want to commend the state government for this good initiative as it is aimed at reducing over dependency on the government.
``I also advised the people not to sabotage this initiative because it will impact positively on our people.
``On the part of the government, I encourage them to sustain the policy because policy summersault has cause our present situation.
``To those who will benefit from this initiative, I encourage them to pay back promptly for others to benefit too.’’
Earlier, Alhaji Ahmed Sajoh, Commissioner for Information, who lead the delegation said that the initiative was to inculcate the values of productive venture to the people.
Sajoh said that the N30, 000 micro-credit loan facility would be disbursed to 60 people in each of the council wards in the state.
He said that the revolving loan was an interest free one which would be payable within nine months.
He urged the traditional rulers to monitor beneficiaries within their domains to ensure they do not deviate from the prescribed guidelines.
The commissioner said that the role of the traditional institution was crucial for the change mantra.