Business
Ogogoro: Dog Meat Biz Still Booms In FCT
Dealers in dog meat at
the Ushafa Bridge in Bwari, FCT, say that media reports about people who died from consuming dog meat and local gin will not deter them from doing their business.
The traders spoke in separate interviews with our correspondent yesterday in Bwari.
The tragedy was said to have happened in Woji Obio/Akpor council area in Rivers State.
One of the dealers, Mr Naboth Zachariah, told our correspondent he had never received any complaint from his customers since he started the business in 2013.
Zachariah, who hails from Kaduna State, said although the story generated anxiety and apprehension among people in the community, he was bent on continuing with the business.
“The story is not affecting me; people buy dog meat every time; they said it was due to the spirit ‘ogogoro’; I think that is what killed them.
“So, it is not that dog normally has anything; because I have been selling it here for a while and nobody complained to me about sickness.
“I buy it; I kill and sell it every day; sometimes we sell up to five dogs every day.
“The other people have already finished selling theirs; it is because I did not kill mine early today that my product has not finished.”
Another bush meat seller, Mrs Esther Emmanuel, expressed optimism that the dog meat story would not affect her business.
According to her, the dog meat story is similar to the Ebola Virus Disease outbreak.
She, however, said that she would continue with her bush meat business.
“I sell bush meat; I don’t know about dog meat; but during the Ebola regime, people were deceived to think it will kill them when they eat the meat. We still sell bush meat; I still sell now the way I used to sell the meat before.
“The business is moving I sell all my products in a day; I will buy another one and cook it to sell.
“The business mostly thrives on Saturdays and Sundays as against week days.”
She, however, advised people to always examine bush meat they buy before consumption, to avoid health complications.
According to her, such complications often occurred through the consumption of animals that died from poisoning.
“Therefore, people need to be cautious before eating them,’’ she said.
According to her, the regular demolition of the bush meat spot is the only challenge to the growth of the business in the area.
She, therefore, appealed to the Bwari Area Council authority to build a befitting market where people could legitimately engage in bush meat and dog meat trade, in order to attract fun seekers and promote business growth.
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
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