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Nigeria : OSUN Govt. announces raising Micro-Credit Scheme, worth N4b

July 14, 2014

As per the report, for promoting self-employment and boost the economy, Osun State government has lifted a micro credit agency with N4 billion interest-free loans available for obtaining by cooperative groups and societies.

In addition, 40 mini buses to members of the cooperatives, transporters and the Road Transport Employers Association of Nigeria (RTEAN) has been allotted by the government as part of its empowerment scheme to lessen poverty, banish hunger and starvation.

On 10 July, Governor Rauf Aregbesola Speaking in Osogbo, in terms of growth, state government s aim was to turn the state around and strive with Lagos State.

He said: When we sought for your votes in 2006/2007, we promised to banish poverty and hunger. We promised to provide among other things developmental programmes and we have been achieving this.

In this way, we tell our people certain things about us: that we are a government of responsibility, accountability and transparency. We are a government that is truly committed to the welfare and well-being of our people; and we will continue to serve them to the best of our abilities.

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Source: TendersInfo (India)

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