It was celebration galore on Friday in Calabar South Local Government Area of Cross River as a member of the Cross River House of Assembly representing Calabar II Constituency lawmaker, Hon. Joseph Bassey, empowered 240 less privileged people of the area.
The largesse is part of his efforts at improving the living condition of the people of the area in line with his campaign promises.
The empowerment is to enable the beneficiaries start any business of their choice and to also help others improve on their existing businesses.
Bassey who is the deputy speaker of Cross River State House of Assembly disclosed this at a town hall meeting held at Main Avenue/Atu Primary School, Calabar South Local Government Area.
The fund, according to him, came through a loan facility from Fidelity Bank to be repaid in 36 months via a monthly deduction of N200,000 from his salary. He urged the beneficiaries to put the money to good use.
Giving a breakdown of the beneficiaries, the deputy speaker said 40 market women are to share N500,000, while 30 waterleaf farmers are to receive N500,000. Financial assistance was also given to 30 students to the tune of N1million.