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The Digest:

The Jerry Eze Foundation has disbursed N1 billion in grants to 240 small and micro business owners at its Grant Award Ceremony in Abuja, with each beneficiary receiving $3,000. Over 16,000 applicants registered on the grant portal, with 240 selected across three priority sectors: agriculture, manufacturing, and technology. KPMG was engaged to independently manage the selection process.

Key Points:
  • Dr Oby Ezekwesili urged beneficiaries to prioritise "impact at scale."
  • Dr Ibukun Awosika described the initiative as "a bridge between potential and execution."
  • Pastor Jerry Eze said his late mother taught him the value of giving.
  • The ceremony attracted leaders from government, business, faith, and entertainment sectors.
  • Beneficiaries are expected to return next year to testify on their business growth.

The initiative aims to translate philanthropic efforts into economic impact.

Sources: Punch Newspaper, Vanguard