The government of Ogun State has set aside N1 billion for 1,500 business owners across the state’s 20 local government areas as operational grants for micro and small-scale enterprises.
Mrs Olusola Arobieke, the project manager of Ogun State COVID-19 Action Recovery and Economic Stimulus Programme (OGUN CARES), disclosed this in Abeokuta, the state capital, during the enumeration and vetting of the beneficiaries.She stated that the grant was intended to mitigate the impact of the pandemic on micro and small-scale business owners.
Arobieke stated that approximately 16,000 business owners had been nominated to benefit from the grant across the state’s three senatorial districts, adding that the 1,500 captured in the first batch would receive the alert within 24 hours.
She said;
The exercise has been on for some time. The main idea of the N1 billion grant was to serve as relief from COVID-19 pandemic for micro and small enterprises in all three senatorial districts of Ogun. The beneficiaries may not necessarily be indigent, but they will benefit as long as they have a business establishment in the state.
Mr Israel Ariyo, a boutique owner in Ijebu-Ode local government, and Olamide Olatunde, owner of Beauty and Cosmetics Shop in Ado-Odo, Ota local government, while appreciating the government for the gesture, posited that the grant would help to lessen the burden of obtaining a loan from other sources, adding that it would make their business to move on faster.
Also, a photographer from Abeokuta South local government, Olawummi Okunlola, and Hon Tairat Adebanjo, a trader from Odogbolu local government, said the grant would be spent on acquiring new gadgets and expanding their business.