3 AbdulSalam said that the beneficiaries comprised 45 small scale businesses that would receive N700,000 each, and 643 micro-scale businesses that would receive N200,000 each.
4 The spokerperson said that the beneficiaries cut across the 16 local government areas of the state.
5 “General Manager of KWASSIP, Mr AbdulQuawiy Olododo, stated that the programme is a World Bank-assisted emergency recovery and intervention programme, facilitated by Kwara Government to curb the impact of COVID-19 on businesses.
6 “Also, to provide economic relief to business men and women and improve employment rate in the state.
7 “He further stated that the programme, which kicked off with disbursement of operational grant, will be followed closely by the Credit Grant and IT Enhancement Grant.
10 “Yahaya also advised the beneficiaries to keep their businesses running, as the grant was an emergency recovery fund, designed to help their businesses recover from the effect of COVID-19 pandemic.
11 “She also stated that the operational grant will be followed by the credit grant for easing financial constraints on SMSEs and IT Enhancement Grant for upgrading their capabilities,” AbdulSalam said.