Ogun disburses second phase of N1bn operational grant to businesses

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 59%

Ogun News

Nigeria Latest News,Nigeria Headlines

Ogun State Government on Wednesday commenced the disbursement of the second phase of the N1billion Operational Grant for Micro and Small scale Enterprises in the state under its OG-cares scheme.

The first disbursement was done in 2023, during which 1,000 entrepreneurs in micro enterprises received N100,000 each, while those in the small scale categories received N350,000 each. About 2,822 entrepreneurs are expected to benefit from the second phase.

The governor added that the grant was given with the expectation of driving a positive change as well as contributing to the growth and development of our economy. Speaker of the State House of Assembly, Rt. Hon. Oludaisi Elemide noted that to whom much is given, much is expected, and implored beneficiaries not to see the grant as national cake but to use it for the purpose it was meant for.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chief Judge Grants Amnesty To Three Inmates In Ogun StateThe Latest News from Nigeria and Around the World
Source: channelstv - 🏆 7. / 63 Read more »

Kwara to conduct council polls in SeptemberKwara State Government has announced readiness to conduct local government council elections in September 2024.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Lagos seals churches, hotels over noise pollutionLagos State Government, through the state Environmental Protection Agency, LASEPA, has sealed up churches, hotels, bars
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Ogun seals three religious centres for noise pollutionOgun State government has sealed three religious centres over alleged contravention of the state laws on noise pollution as well as defying government’s repeated order on the menace.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Why we can’t renovate Abeokuta train station roadThe Ogun State Government has said reconstruction on the Laderin-Train Station road in Abeokuta, the state capital, cannot begin unless the Federal Government grants approval.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Ogun Assembly passes resolution to curb sales of fake, expired drugsOgun State House of Assembly has passed a resolution calling on the state government to step up measures towards curbing the menace of fake and expired drugs in the state.
Source: DailyPostNGR - 🏆 11. / 59 Read more »