Osun State Governor, Adeboyega Oyetola, says his administration has empowered 5,296 small scale business owners with over N2 billion since inception in 2018.
Governor Oyetola said his administration would continue to provide an enabling environment for small scale businesses to thrive adding that Osun remained a fertile ground for businesses to grow and flourish.
The Governor said this in Osogbo during an engagement programme organised by the Civic Engagement Office with members of Association of Mobile Telecommunication Engineers of Nigeria , Osun state Chapter.
Speaking through his Special Adviser on Civic Engagement, Hon. Olatunbosun Oyintiloye, the governor said since inception, his administration had been embarking on infrastructural development, provision of soft loans for small businesses, ensuring adequate security, as well as, tax friendly policies for business owners.
The Governor, who said his administration through the state’s Microcredit Agency had empowered 5,296 small scale business owners with over N2 billion to expand their businesses, added that the agency had also disbursed about N91 million to different categories of informal sector operators in the state.
The Governor noted that it was in the realization of the economic benefits of the small scale businesses that his administration had been putting in place necessary infrastructure for businesses to thrive noting that small scale businesses are a vital part of the economy, which no government should play with.
In his remarks, the President of the Association, Abdulrasak Ejalonibu, commended the Governor on various friendly business policies for the survival of small scale businesses in the state urging him to continue to support members of the association with soft loans to boost their businesses.