N1bn Grant: Ogun Empowers Small Businesses  

The Ogun State Government has commenced the second phase of the disbursement of the N1 billion grant to micro and small enterprises.
The initiative aims to alleviate poverty and mitigate the impact of COVID-19 on businesses in the state.
The Commissioner for Industry, Trade, and Investment and a member of the Ogun State COVID-19 Action Recovery and Economic Stimulus Steering Committee, Mr. Adebola Sofela, in a statement on Monday, announced that Governor Dapo Abiodun has directed the immediate commencement of the disbursement process for the second phase of the grants.
According to the statement, in the first batch, over N120 million was disbursed by the state government to more than 1,000 micro and small entrepreneurs across the 20 local government areas of the state.
The statement said Micro & Small Enterprises in the Retail, Fashion, Hair & Beauty, Light Manufacturing and Hospitality are eligible to apply for the grant which government has started disbursing
Reports say the move is aimed at driving the economy through small businesses in line with the millennium sustainable development goals.
Entrepreneurs by the information are expected to apply to avoid late entry regrets on the side of the small businesses.