Kayayei to benefit from GHc 2m seed capital to be set aside by Gov’t

Kayayei to benefit from GHc 2m seed capital to be set aside by Gov’t

Head porters, famed as 'Kayayei', will soon have some level of financial relief should plans by the Chief Executive of the National Entrepreneurship and Innovation Programme, John Kumah, to give them seed capital materialize.

The Chief Executive of the National Entrepreneurship and Innovation Programme (NEIP), John Kumah, has disclosed that his outfit is set to give head porters in the country seed capital to help them set up their own businesses.

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He revealed that the president had directed that an amount of GHc 2 million be given to head porters to ease their financial struggles.

The NEIP boss made the remarks after a health walk organized by the New Patriotic Party (NPP) in the Ashanti region.

Mr. John Kumah, said NEIP in collaboration with the Business Development Ministry is working to help transform the lives of ‘Kayayei’ across the country.

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The Next project that the Office of the President, Ministry of Business Development and our outfit are about to do is Entrepreneurs in Kayayei Business. The President says we should give out 2 million Ghana cedis to serve as seed capital for head porters across the country.

He further disclosed that another GHc2 million has been released to women entrepreneurs with disabilities.

Kumah that the government as set aside a total amount of 100m dollars to address youth unemployment in the country.

As part of the NPP’s promise of reducing the unemployment rate in the country, President Akufo-Addo has set aside 100 million dollars to help address the challenge of youth unemployment’’, he stated.

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Source: Yen Ghana

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