OGSG ASSURES EQUITY ON LOAN, OTHER INTERVENTIONS

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Micro, Small and Medium-scale Enterprises (MSMEs) in Ogun State will have access to various economic interventions and loans, as well as provision of enabling environment, irrespective of political affiliations.

The Consultant on Commerce and Industry, Ms Sola Arobieke, who gave the assurance during a Stakeholders’ Engagement Meeting on MSMEs Development in Ogun State, held at the Ministry of Commerce and Industry Conference Hall, Oke-Mosan, Abeokuta, stated that government’s programmes, such as Anchors’ Borrowers Programme, Oko’wo Dapo and other interventions with the Federal government, could be accessed when certain conditions were met.

“For any of the State government interventions, there is no segment in the forms that asks any applicant, who did you vote for or the political party you belong to. The interventions are not based on political affiliations”, Arobieke clarified.

The Consultant said government was partnering with relevant stakeholders, such as the Bank of Industry, Bank of Agriculture, Central Bank of Nigeria (CBN) and others, to ensure small businesses in the State optimally access the various programmes, geared towards growth and improved standard of living.

She hinted that the present administration would engage in more capacity building programmes, as government in partnership with GIZ, a German company, would soon embark on training programmes for small business owners in the State, urging interested participants of such interventions to ensure that their applications were properly filled, as the Ministry would provide necessary guidance.

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The Consultant promised that challenges in the sector would be addressed, in order to enhance the growth of small businesses in the State, calling on stakeholders to provide evidence-based complaints for appropriate actions.

In her welcome address, the Permanent Secretary, Ministry of Commerce and Industry, Mrs. Lydia Fajounbo, explained that the stakeholders’ engagement was aimed at positioning the State as the first to be reckoned with in the development of MSMEs in Nigeria, to revamp and strengthen entrepreneurs’ capacity and competence.

Fajounbo, represented by the Ministry’s Director of Industrial Promotion, Engr. Kehinde Akintomide, added that the meeting would focus on harmonising ideas, policies, initiatives and reforms to address challenges of MSMEs, by relaxing the guidelines and procedures for registration, certification, as well as standardization for entrepreneurs’ products and services, pledging to synergise with all relevant stakeholders in moving the sector forward in the State.

The President, National Association of Small and Medium Enterprises (NASSME), Dr. Akinwunmi Alonge, lauded the initiative of having such regular meetings, requesting that members of his association be carried along on government’s programmes, as many were interested in such, to improve their businesses.


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