Gov Eno Launches Free Food Scheme, Floats N1.5bn Loan Facility In Akwa Ibom

Akwa Ibom State Governor, Pastor Umo Eno, has flagged off free food programme and access voucher for the vulnerable people to mitigate the prevailing hunger and poverty exacerbated by the current socio-economic travails in the country.

As a measure to complement the scheme, the Governor, who performed the ceremony at the popular Itam International market, in Itu Local Government Area, also announced the interest – free loan wallet of N1.5 billion for traders and business owners.

The loan facility across the three Senatorial Districts comprising Uyo, Ikot Ekpene and Eket is to be managed by the FADAMA Micro Finance Bank.

LEADERSHIP learnt that the free food voucher is a key component of the Bulk Purchases Agency (BPA) Bill that was signed into law last week, and the Board inaugurated by the Governor for quick-to-crash food prices in the state.

“The key responsibility of the Agency, is to provide free staple food items: garri, rice and beans to the most vulnerable through the Social Register (SR),” the Governor explained.

He added that the intervention became necessary to alleviate the sufferings of the people in this trying times.

“We had reviewed all of the options, and this for us, remains the best. We are partnering with the market leaders and I want to thank them for the cooperation we have so far received from them.

“Let me repeat here, that this is purely an interventionist act; the solution to our food security remains the need for us to go back to the farm.

“I have heard of how some of you go to some places to get loans with very high interest rates and that has made the cost of food to go up, and before you finish paying the loans, you cannot meet up with your market or trading obligations anymore.

“I have come to tell you not to take such loans anymore. Consequently, we are releasing Five Hundred Million Naira (N500 million) interest -free loans to each of the three senatorial districts (1.5 billion Naira in total), to help your business,” Eno said.

The Governor also promised to construct a car park, provide solar panel light, modern toilet facilities, all of which were the requests of the leadership of the Itam Market.

He, therefore, directed the Transition Chairmen of the remaining 29 councils, excluding Itu and Uyo Local Government Areas to ensure they launch the free voucher food program next week.