Osun launches post COVID-19 economic programme

Osun State Governor Adegboyega Oyetola has launched skill acquisition training for indigenes to stimulate economic activities after Coronavirus.

At the event yesterday at the Industrial Development Centre in Osogbo, Oyetola said the need to mitigate the negative impact of the virus necessitated the launch.

According to him, the government decided to generate 15,000 direct and indirect jobs annually through the programme.

He said beneficiaries would get N100 million seed loans, through Bank of Industry (BoI), and Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) would handle the training.

He said: “The lockdown …caused a sudden fiscal crisis …and has presented serious economic and structural changes that we shall all battle for years to come.

“To alleviate this negative development, our administration has decided on an economic strategy to generate 15,000 jobs annually, directly and indirectly, through the intervention programme…The programme will start with 2,000 beneficiaries…”


Commissioner for Commerce, Industry, Cooperative and Empowerment Bode Olaonipekun said the training was for indigenes, adding that beneficiaries would be identified with their Omoluabi identification number.

Olaonipekun said 2,000 persons would be allowed to register for the pilot programme, adding that two training centres would have be located in each senatorial district.

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