Ogun state doles out N1bn grant to over 1,500 beneficiaries

The Ogun State government has appropriated N1 billion to be disbursed to over 1,500 business owners across the 20 local governments.

The amount according to the state government will serve as operational grants for micro and small-scale enterprises in the state.

Speaking in Abeokuta, the Ogun State capital, during the enumeration and vetting exercise for beneficiaries, the Project Manager of Ogun State COVID-19 Action Recovery and Economic Stimulus Programme (OGUN CARES), Mrs. Olusola Arobieke, said the purpose of the grant was to cushion the effect of the pandemics on micro and small-scale business owners.

Arobieke noted that about 16,000 business owners had been nominated to benefit from the grant in all the three senatorial districts of the state, revealing that the 1,500 captured under the first batch would receive the alert within 24 hours.

She added that the main idea of the N1 billion grant was to serve as relief from COVID-19 pandemics 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.”