The Osun State government under the leadership of Governor Adegboyega Oyetola today flag-off Government Enterprises and Empowerment Programme(GEEP 2.0) organized by the federal government for successful beneficiaries of Tradermoni and Marketmoni under the leadership of President Muhammadu Buhari. The program where over seven thousand benefitted, the beneficiaries were drawn from all the local government of the state and the physically challenged persons were encompassed.
In his welcome address, the Osun State Focal Person for Social Development, Hon. Lukman Bello, appreciate President Muhammadu Buhari for his support towards the success of the program, he also praised the laudable achievements of Governor Gboyega Oyetola since his assumption.
According to him, 'I am indeed delighted to welcome the Honourable Minister of Humanitarian Affairs, Disaster Management, and Social Development, Hajia Sadiya Umar Farouq ably represented by Mr. Rufai Tokunbo and other dignitaries to the official flag-off ceremony of the program being organized in conjunction with the state government of osun under the enviable leadership of His Excellency, Alhaji Isiaka Adegboyega Oyetola.
"Permit me to reveal for this gathering, the Government Enterprise, and Empowerment program is specifically designed as part of the National social investment program (NSIP) aimed at offering interest and collateral-free credit to the millions of micro, small and medium enterprises (MSMEs) operating at the bottom of the Nigerian economy. The goal of the program is to empower unemployed youths, local farmers, and vulnerable women in society. It is pertinent to state that 4,509 successful beneficiaries across all the local government in the state of osun will be issued credit cards to access interest-free loans of fifty thousand Naira 50,000 each, credited to their account opened for them at the access bank by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.
"As of today, the state of osun has the highest number of beneficiaries recorded so far throughout the 36 States and Federal Capital Territory.
" I wish to inform the applicants of farmer moni that arrangements are in top gear to release their list, capture them and make disbursements to them at N300,000.00 per beneficiary.
"To shortlisted beneficiaries who missed the last capturing exercise, we have made special arrangements here in this hall for a mob up. Their ATMs would be produced and distributed to them in a couple of weeks.
"This program would not have been possible if not for the understanding of the state governor and his conviction and desire on the need to raise the living standard for the vulnerable throughout the state.
"The appraisal, assessment, response, enthusiasm, and acceptability received from the beneficiaries of the other social investment programs earlier conducted encouraged the federal government to come up with government enterprise and empowerment program(GEEP 2.0). I want to say a big thank you to Mr. President and the Honourable minister for this laudable achievement.
"To the Independent Monitor, while congratulating you as you would be onboarded today to join your colleagues who are already on the field, you must demonstrate competence, diligence, discipline, and ethos of virtues OMOLUABI which Osun is known for. I wish you a successful tenure.
"To all the beneficiaries of the Trader Moni and Market Moni, e Ku orire o!!! but I must quickly add that this is not a grant like conditional cash transfer and rural cash grant, it is an interest-free loan that is refundable. The better your performance in terms of repayment the higher your chance to get a bigger amount as a loan in the future.
"At this juncture, before I take my seat, I want to appreciate my leader and boss, His Excellency, Governor of the State of Osun, Alhaji Isiaka Adegboyega Oyetola, Ileri Oluwa for his special love, uncommon interest, and rare concerns for the citizen of Osun, Ladies, and gentlemen, let us rise and give this noble son of osun a standing ovation and a beautiful round of applause to appreciate him and encourage him to do more".Bello said.
In his view, The Commissioner for Commerce, Industry, Cooperatives and Empowerment, Dr. Bode Olaonipekun urged the beneficiaries to make judicious use of the money and that they should have it in mind that is not a grant but a refundable loan.
The representative of the Minister of Humanitarian Affairs, Disaster Management and Social Development, Mr. Rufai Tokunbo, appreciates the governor for his tremendous performance in all sectors of governance in the state, he assured the state of federal government support at all times. He also urged the beneficiaries of the program to make judicious use of the loan given to them and they should try their possible best to refund the money after used to have access to another opportunity in the nearest future.
In his speech, the governor of the state of osun ably represented by the Secretary to the State Government, Mr. Wole Oyebamiji, applauded the federal government under the responsible and responsive President Muhammadu Buhari for giving the state opportunity to have the highest beneficiaries of the program, he assured the residents of the state his utmost desire to take the state to a greater height in no distant time. He urged the beneficiaries not to jeopardize the opportunity given to them by making use of the money judiciously and responsibly and they should know at the back of their mind that the money is refundable and OMOLUABI ethos must be proved to the entire world when the time to refund the money comes.
Post a Comment