Beginning from next year budget, Gombe State government said it has earmarked N2.5billion as loans for Small and Medium scale enterprises, youths and business women across religious and party affiliations.
The development came to the fore yesterday, when the state’s Commissioner for Finance, Mohammed Magaji declared open a 4-day workshop training for operators of SMEs in the state.
Magaji said: “As a government, Governor Inuwa Yahaya has ensured that in the 2021 revised budget, there is a N500 million budget for COVID support for Small and Medium enterprises.
“For us to ensure that you all (trainees) benefit from that COVID support, this is the beginning point.
“Aside the N500million, there is also N1 billion support for the youths and another N1 billion for the women enterprises.
“This training ought to be taken so that we can continue to weather the storm and not allow it to impact so negatively on the economy of the state and that of residents.
“This training is specifically to enlighten us and to give us perspective as to the new changes that have come into place because of the pandemic.”
The facilitator of the event, Mr. Gbenga Abimbola said: “Gombe government believes business must go on in spite of the COVID-19 problem hence our engagement to train small and medium enterprises new ways of doing businesses under emergency situation like COVID-19.”