State Government MSMEs Development Fund Begins
State Government MSMEs Development Fund Begins
Ogun State Governor, Prince Dapo Abiodun, on Tuesday declared that the Micro, Small and Medium Enterprises (MSMEs) Development Fund to provide easy credit facilities, will soon be launched in the state.
The governor equally disclosed that innovation fund for tech-based MSMEs in the state will be launched with the view to encouraging and promoting the digital economy.
Abiodun, who said these while declaring open the 10th Gateway International Trade Fair, noted that the trade fair has grown beyond just a meeting point for business communities, but a veritable platform that affords operators of MSMEs, manufacturers, businessmen and women, managers of corporate organizations and the government.
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“Ogun State is the largest industrial hub in Nigeria, we are determined to uphold this position. No doubt, the theme for this year’s Fair: ‘Transforming Agriculture and Commerce in a Highly Competitive Global Market’ at this trying period could not have been more appropriate. It is coming at a time when we are all working hard towards diversifying Nigeria’s economy from our over-reliance on the oil sector by developing other sectors such as agriculture, trade and manufacturing.
“The hosting of this Trade Fair is one of our many initiatives toward improving the Ease of Doing Business and in turn promote investment in our state. Our administration is irrevocably committed to the industrialization of Ogun State and making the State a truly investors’ first-choice destination, not only in Nigeria but in Africa”. The governor stated.
He said his administration has deliberately ensured good governance, infrastructure development, construction of Special Agro-Processing Zone and a Cargo Airport, security, ICT development, education and agriculture, with the view creating enhance the Ease of Doing Business in the state.
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Abiodun, who disclosed that the construction of the Atan-Lusada-Agbara industrial road will be flagged off in the next two weeks, submitted that “we are also paying attention to rural roads to boost agriculture and development of MSMEs in the state”.
