Join our WhatsApp channel HERE for the latest Benue news and updates!
The Benue Investment and Property Company (BIPC) continues to make strides in empowering the youth of Benue State with the recent distribution of its third batch of motorcycles under the Motorcycle Hire-Purchase Scheme. On Wednesday, the Group Managing Director, Dr. Raymond Asemakaha-CFA, handed over 12 motorcycles to beneficiaries, marking a significant step in the company’s commitment to inclusive governance and economic empowerment.
Theresa Abeda, Head of Business Development and Strategy at BIPC, described the initiative as a directive from Governor Hyacinth Alia, aimed at removing youths from the streets and creating sustainable livelihoods. “Ours as a company is to make sure we take many people out of the street. That is the mandate we have from His Excellency. We encourage you not to take this goodwill for granted,” Abeda urged the beneficiaries, emphasizing the importance of embracing the opportunity with seriousness.
The scheme, which has already created over 75,000 jobs through commercial motorcycle operations, is set to extend to Otukpo and other parts of the state in the coming weeks. This expansion reflects BIPC’s dedication to fostering economic growth across the region.
Dr. Asemakaha highlighted the initiative’s alignment with Governor Alia’s Unicom Reform, which prioritizes inclusive governance and economic empowerment. “Today, we are gathered to distribute the third batch of our motorcycle hire-purchase scheme. It is important to provide dividends to our shareholders, but more importantly, we are extending inclusive government to our people. This is the first time since the inception of the company in 1979,” he stated.
The Company Secretary, Josephat Ioryooosu Esq., echoed this sentiment, thanking the management for the initiative and advising beneficiaries to adhere to the terms of the hire-purchase agreement.
Among the beneficiaries were Michael Adagba from Buruku, Udu Bokyaa from Ushongo, and Samuel Ode from Oju Local Government Area. They expressed their heartfelt gratitude to BIPC for the gesture, pledging to make good use of the motorcycles and abide by the scheme’s terms.
With plans to extend the initiative to Otukpo, BIPC is poised to create more opportunities for the youth, reinforcing its role as a catalyst for economic development in Benue State. This latest distribution underscores the company’s ongoing efforts to transform lives and build a sustainable future for the region.
Stay tuned for updates as the scheme continues to roll out across the state!
