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Sanwo-Olu To Assist Companies Affected By Coronavirus To Prevent Job Loss
May 24, 2020
Source: Businessday.ng
Lagos state governor Babajide Sanwo-Olu has said that his administration will assist companies operating in the state to prevent job loss given the strain the Coronavirus pandemic has brought on the economy.
The governor also added that his administration is considering granting loans to some Micro, Small, and Medium Enterprises the pandemic has also affected.
Punch News reported that the governor said this during a webinar titled  ‘A global pandemic: local realities and peculiarities – a view from the frontlines’ hosted by the FSDH Merchant Bank on Friday. It was anchored by the Chairman, FSDH Holding Company, Mr Hakeem Belo-Osagie, and the bank’s Managing Director, Mrs. Hamda Ambah.
Source: NigeriaGalleria
The governor disclosed that the state was already collating the data of MSMEs in the state to see how they could be assisted. He said, “Lagos State has a lot of MSMEs and we realise that the sector has been extensively affected. Some of them employ three to five persons each and a lot of them need some sort of support. Part of the things we are planning to do under the Register-to-Open is to see how we can come in.
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