1,000 Women Boko Haram Victims Get N20 Million To Trade

women north east
As part of efforts to cater for women displaced by Boko Haram insurgency, the Nigerian Foundation for the Support of Victims of Terrorism, VSF, on Tuesday disbursed N20 million to 1,000 women.

The executive director of VSF, Sunday Ochoche, who spoke while addressing the beneficiaries in Maiduguri, said that the empowerment project was to improve the quality of life of women and children affected by insurgency and to make them self-sufficient.

According to Ocheche, the first batch of the 2,500 to be economical empowered in Borno are part of the 5,000 slated to be assisted by the VSF under it’s  Women Economic Empowerment Project, WEEP.

He said the is project will be implemented through the provision of support services and evidence-based interventions, while noting that “psychological support is also mainstreamed into all interventions to reach children and women in affected communities to foster their resilience, coping skills and overall wellbeing.”

On its main target, he said the main goal of the project was “to strengthen their businesses and life skills to generate income; and therefore improve on the overall wellbeing of their households.”

He added that the project will supports capacity building for women through training, group formation and cash support.

He disclosed that the beneficiaries were selected from 10 camps with 100 women from each, stressing that this will “assist them to effectively manage the small grant and for security reason, VSF has collaborated with some financial institutions to open a bank account for each group where the fund will be lodged on their behalf”.

    According to him, each of the women will have access to her grant in the bank and those who are not literate can access their grants through their respective group representatives.

    He further revealed that the Fund is negotiating with the Borno State Ministry of Poverty Alleviation and Youth Empowerment to register each of these groups for recognition and legal requirements needed to have access to additional financial resources from government and other institutions.

    In a response, the Borno State Governor, Kashim Shettima, commended VSF for it’s intervention in empowerment of vulnerable women of Boko Haram insurgency, noting that it was the first agency that assisted victims economically to sustain their families.

    Shettima urged the beneficiaries to make good use of the funds, warning that such loans should not be diverted for any other purposes apart from empowering them to resume normal life in their communities.

    Join the ICIR WhatsApp channel for in-depth reports on the economy, politics and governance, and investigative reports.

    Support the ICIR

    We invite you to support us to continue the work we do.

    Your support will strengthen journalism in Nigeria and help sustain our democracy.

    If you or someone you know has a lead, tip or personal experience about this report, our WhatsApp line is open and confidential for a conversation


    Please enter your comment!
    Please enter your name here

    Support the ICIR

    We need your support to produce excellent journalism at all times.

    - Advertisement