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Nairametrics
Home Economy Socio Economic

Covid-19: Oyo State launches Steering Committee for Action Recovery programme

William Ukpe by William Ukpe
January 29, 2021
in Socio Economic, Spotlight
Oyo sets up N500 Million fund each for youth entrepreneurs, compensation for victims of police brutality, #EndSARS: State Governors should have necessary powers to control the Police Force - Seyi Makinde, Seyi Makinde Proposes N3 Billion plan for water supply, Makinde, south-west PDP call for resignation of Ayu as PDP national chairman
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The Oyo State government has inaugurated a 9-man steering committee on Covid-19 Recovery to investigate the damage the pandemic caused to the economy of the state.

The Committee was launched by State Governor, Seyi Makinde on Thursday named: “Action Recovery and Economic Stimulus Programme (State CARES).”

The Governor added that the Committee would look into economic recovery for the State post-Covid-19, citing support and services for the poor and vulnerable.

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READ: Gov. Makinde presents N266 billion budget to Oyo State House of Assembly

“So, it is about post-COVID-19 economic recovery.

“We want to increase access to basic services such as healthcare, care for the poor and the vulnerable households within the state.

“Also, we want to strengthen the food supply chain for the poor households, because we know that once we are able to tackle hunger, people are able to think correctly,” Makinde stated,

He revealed that the State Government donated Farm inputs to farmers to increase food production.

“We also came up with the one billion naira MSME fund to provide credit at a single-digit interest rate to MSMEs in the state,” he added.

READ: Governor Makinde inaugurates Judicial Panel of Inquiry into Police Brutality

The Steering committee members are :
Commissioner for Finance and Chairman of the Committee, Mr Akinola Ojo;
Commissioner for Women Affairs and Social Inclusion Alhaja Faosat Sanni
Commissioner for Agriculture and Rural Development, Mr Ojemuyiwa Ojekunle.
Commissioner for Trade, Industries and Cooperatives, Mr Adebisi Adeniyi
Commissioner for Environment and Natural Resources, Mr Lateef Oyeleke
Director-General, Oyo State Agriculture Development Agency (OYSADA) and the Executive Adviser on Agribusiness, Dr Adebowale Akande.
Others are:
Director-General, Oyo State Investment, Mr Segun Ogunwuyi;
Executive Assistant on Intervention Fund, Mrs Aderonke Adebayo and the Chairman, Community and Social Development Agency, Mr Ahmed Eesuola.

READ: Non-oil sector is critical to Nigeria’s economic recovery in 2021 – Cordros Capital

What you should know

Recall Nairametrics reported that Federal Government through the National Primary Health Care Development Agency (NPHCDA), announced its distribution plan for the Covid-19 vaccine deployment to States, with Oyo State budgeted to receive 1,848 vaccines.
Nairametrics also reported in November 2020 that the governor disclosed that the State will increase its Internally Generated Revenue (IGR) for this year by focusing on competitive advantage while keeping the tax rate stable.


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Tags: State CARES
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

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