Vice President Kashim Shettima on Tuesday introduced a money grant of N150,000 for exhibitors on the second version of the Nationwide Micro, Small, and Medium Enterprises clinic.
A grant of N100,000 was additionally given to over 200 new store homeowners on the Trendy Adire Worldwide Market, Asero, Abeokuta, the Ogun State capital.
The Nationwide MSME Clinic was held on the June 12 Cultural Centre, Kuto, Abeokuta.
Shettima additional disclosed that the clinic would function a bridge between the folks and the federal government, including that the clinics would function a lifeline for companies within the state and the nation as an entire.
He stated: “Each exhibitor on the clinic at this time will profit from our speedy MSME grant of N150,000 every, courtesy of our esteemed non-public sector and His Excellency, President Bola Ahmed Tinubu.
“I hereby announce that President Bola Ahmed Tinubu has directed that almost 200 new functions inside this market ought to be granted free for one 12 months to small enterprise merchants and every of them ought to be given a grant of N100,000.”
The Vice President famous that Ogun State isn’t solely the commercial powerhouse of the nation, but additionally a dedicated supporter of the Federal Authorities’s efforts to help companies and empowerment.
Stating that coming to the state signified the necessity to help companies and rework concepts into commercially viable ventures, he stated the clinic was a strategic intervention to strengthen the small enterprise base.
“The clinics function a hyperlink between the folks and the federal government. Small companies at the moment are being supplied platforms to current their enterprise challenges and search well timed intervention from financial businesses, all in an effort to get rid of the duty of navigating from one company to a different of their makes an attempt to scoop up Africa's subsequent unicorn constructing,” Shettima added.
Governor Dapo Abiodun additionally stated his authorities has launched the Small and Medium Enterprises Industrial Land Acquisition Scheme (SME) with a 1,000-hectare industrial hub that wants facilities such pretty much as good roads and energy.
“The SME park is aimed toward offering SMEs with incentives which might be far under the market charge. There shall be many incentives by way of industrial possession and accelerated processing of their CoO, which can be utilized as collateral for additional financing.
“Different advantages of the park embody reductions on taxes and charges corresponding to land use fees, constructing permits, land processing charges, and many others. This park will cowl agro-related, agro-processing, constructing supplies and chemical compounds for residence and private care, meals processing” , the governor stated.
