OGUN State government has launched a N900m loan programme for Micro, Small and Medium Enterprises operating in the state.
This was revealed by the Commissioner for Industry, Trade, and Investment, Mrs Kikelomo Longe during a virtual quarterly stakeholders’ engagement meeting. According to her, the loan is a joint venture between the state government and the National Association of Microfinance Banks and can be accessed at microfinance banks across the state.
In a statement, she said, “I am happy to inform you that the National Association of Microfinance Banks has made the sum of N900m available in the form of a special lending product to entrepreneurs operating in Ogun State.”
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