Osinbajo to flag off micro credit scheme in Kogi


Vice President Yemi Osinbajo is expected to flag off the micro credit scheme component of the federal government’s Social Investment Programmes in Lokoja, the Kogi State capital on February 13.
Focal Person on the Social Investment Programmes in Kogi, Adoga Ibrahim, who disclosed this on Monday at a press conference in Lokoja explained that the Vice President would also use the visit to get first hand information on the progress made so far in the implementation of the various social investment programmes in the state.

Adoga, who is also the Special Adviser to the governor on Multilateral, Donor Agencies and Special Projects, said the event which is billed to hold at the Confluence Stadium, Lokoja would also showcase small scale businesses, goods and products that beneficiaries of the Government’s Enterprise and Empowerment Programme (GEEP)/Marketmoni have been able to establish/produce in the state.
He said that additional 7,000 beneficiaries of the GEEP/Marketmoni programme will receive loan disbursements of N50,000 each on February 13 to enable them boost their existing businesses or start new ones.
Adoga said that beneficiaries of the various federal government’s social investment programmes in the state, namely N-Power, GEEP/Marketmoni and Conditional Cash Transfer (CCT), have so far received close to N3 billion as at the end of 2017.
According to him, there will be training and sensitisation clinics for owners of small businesses in the state on February 12 where they would have opportunity to be linked with business-enabling-institutions such as Bank of Agriculture (BOA), Bank of Industry (BOI), Central Bank of Nigeria (CBN), Standard Organization of Nigeria (SON) and NAFDAC, amongst others.

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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