The Federal Government has given N3 million lifeline to 200 exhibitors at the Ogun State Small and Medium Scale Enterprises (SMSE) Clinics in Abeokuta, the state capital.
Vice President Kashim Shettima also announced a N2 million package for Adire fabric sellers at the second edition of the Expanded National MSME Clinics, where he handed over 200 newly refurbished stores to 400 entrepreneurs at the Asero Adire International Market.
Shettima announced a N150,000 cash reward for every exhibitor and a grant of N100,000 to over 200 owners of new stores.
The Vice President also interacted with the SMEs operators, artisans and traders, assuring them of consistent support.
Shettima who described Ogun State as the “industrial powerhouse of Nigeria,” said the national Micro, Small, and Medium Enterprises (MSME) clinic would serve as a bridge between the people and the government, adding that the clinics would serve as lifelines for enterprises in the state and the country.
The national MSME clinic serves as a bridge between the people and the government, it is our desire to bring the government in close proximity with the people by placing all regulatory agencies under one group.
Shettima said: “Each exhibitor present at the clinic today stands to gain from our MSME instant grant of N150,000 each, courtesy of our esteemed private sector and His Excellency, President Bola Ahmed Tinubu.
“I hereby announce that President Bola Ahmed Tinubu has directed that almost 200 new applications within this market be granted free of charge to small business traders for one year and each of them should enjoy a grant of N100,000.”
Shettima noted that Ogun State is not only the industrial powerhouse of the nation, but a committed supporter of the Federal Government’s efforts to support enterprises and empowerment.
