His Excellency, Alhaji Ahmed Usman Ododo, Launches Initiative to Revive Struggling and Inactive Companies in Kogi State through KEDA in Partnership with BOI

Announcement :

Under the visionary leadership of His Excellency, Alhaji Ahmed Usman Ododo, Kogi State is embarking on an ambitious initiative to rescue struggling and inactive businesses across the state. This initiative, launched by His Excellency, Alhaji Ahmed Usman Ododo, is being implemented through the Kogi Enterprise Development Agency (KEDA) in partnership with the Bank of Industry (BOI).

The focus is on identifying businesses that have faced financial, operational, or market-related challenges and providing the necessary support to help them recover and thrive.

His Excellency Alhaji Ahmed Usman Ododo has consistently shown a deep commitment to the growth of small and medium enterprises (SMEs) in Kogi State. Recognizing SMEs as the backbone of the state’s economy, this initiative is a testament to his dedication to empowering entrepreneurs and fostering economic development. By partnering with BOI, His Excellency ensures that businesses facing challenges are given the tools needed to rebuild and succeed.

Why This Initiative?

SMEs are vital to job creation and economic growth. However, many businesses have faced significant obstacles, including economic downturns and supply chain disruptions. His Excellency’s initiative offers a unique opportunity for these businesses to access crucial support and regain their momentum.

How to Participate

If your business is struggling or has become inactive, we invite you to participate in this data collection exercise. By sharing your company’s details, KEDA and BOI will be able to tailor interventions to the specific needs of businesses in Kogi State.

All participants will also be required to visit the KEDA office for screening and verification at the following address:

KEDA Office:

No. 26, Glass House, Federal University Lokoja Road,

Former Heritage Bank Building, Adankolo, Lokoja, Kogi State.

For inquiries, call:

09017440691

Key Benefits:

1. Access to potential funding and partnership opportunities with BOI.

2. Support in the form of working capital, equipment upgrades, debt refinancing, and more.

3. Strategic business advice and capacity-building programs to help your business recover.

How to Apply:

1. Visit our online data collection portal:

https://docs.google.com/forms/d/e/1FAIpQLSfK5M3PnCRWvllRPJ3PM3iyes14eLixEgyibUBZgFaBRc_vwA/viewform

Data Collection Portal

2. Fill in the required business information.

3. Submit your entry before 30th Oct 2024.

Eligibility:

This initiative is open to businesses across various sectors, including agriculture, manufacturing, ICT, retail, healthcare, Engineering and fabrication, Fashion house, and more.

Why Now?

Thanks to His Excellency’s foresight, this is a unique opportunity for businesses in Kogi State to access vital support and turn challenges into opportunities. Don’t let your business stay on the sidelines—take the first step toward revival and growth today.

Together, under His Excellency’s leadership, we can build a stronger, more resilient business community in Kogi State.

#KogiBusinessRevival