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    Home»Business Matters»7,000 SME owners, artisans in line for COVID-19 intervention fund

    7,000 SME owners, artisans in line for COVID-19 intervention fund

    Business Matters By Temitope N.Jan 8, 2022No Comments2 Mins Read
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    Over 7,000 small-scale business owners and artisans are in line to benefit from the Federal Government’s COVID-19 intervention fund in Ogun State.

    SMEDAN
    SMEDAN

    The beneficiaries, according to the Coordinator of Ogun State Coordinating Units (Ogun SOCU), ‘Tunde Adebiyi, would get N5,000 each for six months to augment their capital.

    Adebiyi disclosed this, yesterday, in an interview with journalists in his office in Abeokuta, the state capital.

    He explained that the programme, which was tagged, ‘Rapid Response Register’ is a social intervention by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.

    Adebiyi added that the register would capture small-scale business owners, petty traders, artisans, the poor and vulnerable living in urban and semi-urban areas in the state as well as others whose businesses were affected by the COVID-19 pandemic.

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    He disclosed that Ogun SOCU, an arm of the National Social Safety Nets Programme, began a compilation of vulnerable individuals in April 2020 with six local government areas.

    According to him, the register would cover 19 local government areas namely – Sagamu, Remo North, Ogun Waterside, Odogbolu, Odeda, Obafemi Owode Ipokia, Imeko Afon, Ikenne, Ijebu North, Ewekoro, Egbado North (Yewa North), Egbado South (Yewa South), Abeokuta South, Abeokuta North, Ijebu North East, Ifo, Ado-Odo Ota and Ijebu Ode, consisting of 49 wards and 1326 communities across the state.

    Adebiyi said 400,000 beneficiaries will be captured in the register at the end of the exercise.

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    “We are trying to gather and collate these people and put them up in a register for necessary assistance that will take them out of the pandemic effect.

    “So far, we have been able to capture over 7,000 people on the RRR second register. We are looking at capturing over 400,000 people on the RRR register.

    “Our people are responding, but we need more responses. We need people to take advantage of it, especially those of us that are business owners that are affected by COVID-19.

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