SMEs

Plank Sellers, Butchers To Get N75m Loan For Biz

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Ogun State Governor, Dapo Abiodun, has approved a revolving loan of N25million for members of Plank Sellers Association of Nigeria, operating at the Lafenwa Market.
The Governor announced the approval recently in Abeokuta, during a meeting with plank sellers at the market
The Tide source reports that the Governor also approved N50million loan for members of the Butchers Association of Nigeria, Ogun State Branch.
He said the N25 million for plank sellers was the first tranche of the loan.
The Governor said he would release another tranche of N25million if the initial loan was judiciously utilised by members of association.
Addressing leaders and members of the Butchers Association in a separate meeting in Abeokuta, Abiodun said that the approved N50million revolving loan should be used for the purpose it was meant for.
He continued that he would be willing to increase the amount if the first tranche was judiciously utilised by members of the association.
He also promised that he would upgrade the Lafenwa Abattoir to a modern one, saying toilet and bathroom facilities would be provided for use of butchers.
The Governor assures that his administration would continue to support the development of the association.
He urged the association to protect the refrigerating van that was recently presented to them through the Federal Ministry of Agriculture, and said that a brand new bus would be provided for the association.
In their remarks, the State Chairman , Plank Sellers Association of Nigeria; Semiu Makinde, and his counterpart in the Butchers Association of Nigeria, Shagari Amodu, commended Abiodun for supporting the development of medium and small enterprises in the state.

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