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Disbursement of funds for garments and textiles companies

Garments and textiles companies

DISBURSEMENT OF FUNDS TO GARMENT AND TEXTILES COMPANIES

The management of the Youth Employment Agency (YEA) wishes to announce to all companies and beneficiary applicants that beginning Wednesday, 30 August 2023, it will begin disbursing funds for the newly launched “Youth in Garment and Textile Module”.

Disbursements will continue till the middle of September 2023. Placement of trainees will also be within the same period.

All shortlisted beneficiary applicants accross the country, are requested by this notice to prepare for their funds within the stipulated period.

For accountability and verification purposes, all beneficiary companies are also required to have active bank accounts as a condition for the disbursement of the funds as monies will NOT be paid in cash or through mobile money.

Accordingly, the YEA will only make payment in the company’s name submitted to the Agency with an account in a duly recognised commercial bank. _Beneficiaries are also NOT required to pay any money or commission of any form to anyone or staff of YEA_ .

In all, 2000 trainees, 500 small scale dressmaking companies and Forty (40) industrial garment and textile companies have been shortlisted to receive support.

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