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    ALMOND 94.3 FM Ibadan

News

OYO DISBURSES N500M TO 2,078 SMALL BUSINESS OWNERS

todayFebruary 20, 2024 9

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The Oyo State Government has disbursed a sum of 500 million Naira to 2,078 small businesses owners as part of the Sustainable Action for Economic
Recovery (SAfER) initiative.

Governor Seyi Makinde had promised to support small business owners with 500million Naira single-digit-interest loan to stimulate small businesses in the
wake of the removal of petrol subsidy.

The loans, made available to all categories of small business operators from all parts of the state, were routed through seven microfinance banks.

Written by: Almond News

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