Saturday, April 10, 2021

Osun promotes MSMEs with N100m for job creation

Must Read

Doctors’ strike may end today when FG and NARD reach an agreement

By Victor Ahiuma-Young The Federal Government and the National Association of Resident Physicians (NARD) They have reached...

ActionAid, stakeholders express concern about volatile debt levels and rising national debt profile

As the Minister of Finance says, loans approved by NASS By Gabriel Ewepu - Abuja A nonprofit, ActionAid Nigeria, AAN and...

Meseret Dinke from Ethiopia wins the women’s category of the Access Bank 2021 Lakes City Marathon. Photo AKEEM SALAU

Meseret Dinke from Ethiopia. PHOTO: Akeem SalauMeseret Dinke (Ethiopia), winner of the women's category, in the...

Governor Gboyega Oyetola de Osun, on Thursday, said that the sum of N100 million has been reserved to promote the development of micro, small and medium enterprises (MSMEs) in the state.

Oyetola said his administration had adopted a proactive strategy to stimulate the state’s economy negatively affected by the new COVID-19 pandemic.

The governor spoke at the graduation ceremony of the first group of participants of the Post-COVID-19 Economic Strategy Training Pilot Program in Osogbo.

He said that each of the apprentices under the program would have access to N100,000 as initial loans.

Oyetola said the training program was designed to generate 15,000 direct and indirect sustainable job opportunities annually.

The governor also said the training program was a quick response to the challenges brought on by the coronavirus pandemic.

Oyetola urged beneficiaries to positively use the skills and knowledge acquired in the course of the program so that they can compete favorably in the industrial and commercial sectors.

“As pioneer graduates of this scheme, you are our voice to your successors that this program is useful and feasible.

“You are our proof that entrepreneurship is a worthy solution to youth unemployment and poverty.

“You are our strength that will lay a solid foundation for a sustainable, life-transforming and destiny program that will join other proactive initiatives to deliver the prosperous Osun we seek,” said the Governor.

According to him, under the skills enhancement training program, the state government was able to refocus, redesign and expand the scope, knowledge and relevance of artisans.

He added that the government was able to make the people who lost their jobs during the pandemic relevant “under the new normal orchestrated by COVID-19.”

In his comments, Dr. Bode Olaonipekun, Commissioner of Commerce, Industries, Cooperatives and Empowerment, said that 2,000 participants were trained and empowered with startup loans to support their businesses.

In addition, the Executive Director of Microenterprises of the Bank of Industry, Ms. Toyin Adeniji, praised Oyetola for building a healthy and virile economy for the state.

- Advertisement -

Latest News

Doctors’ strike may end today when FG and NARD reach an agreement

By Victor Ahiuma-Young The Federal Government and the National Association of Resident Physicians (NARD) They have reached...

ActionAid, stakeholders express concern about volatile debt levels and rising national debt profile

As the Minister of Finance says, loans approved by NASS By Gabriel Ewepu - Abuja A nonprofit, ActionAid Nigeria, AAN and stakeholders on Friday expressed concern...

Meseret Dinke from Ethiopia wins the women’s category of the Access Bank 2021 Lakes City Marathon. Photo AKEEM SALAU

Meseret Dinke from Ethiopia. PHOTO: Akeem SalauMeseret Dinke (Ethiopia), winner of the women's category, in the Access Bank 2021 Lakes City...

‘Nothing less than a giant’: rapper-actor DMX dies at 50

PHOTO: APDMX, the iconic hip-hop artist behind the songs "Ruff Ryders' Anthem" and "Party Up (Up in Here)," whose distinctively husky voice and thoughtful...

China fines Alibaba $ 2.8 billion for anti-competitive tactics

Alibaba Group, the world's largest e-commerce company, was fined 18.3 billion yuan ($ 2.8 billion) by Chinese regulators on Saturday for anti-competitive tactics, as...
- Advertisement -

More Articles Like This

- Advertisement -