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Omo-Agege asks retiring workers to explore CBN’s N50b loan for business


Deputy President of the Senate, Ovie Omo-Agege, has advised retiring workers with entrepreneurial capabilities to join in exploring possibilities of starting business through the Central Bank of Nigeria (CBN)’s N50 billion Agri-Business/Small and Medium Enterprise Investment Scheme (AGSMEISS) loan.

The Nigeria Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL). Offers the loan.

Omo-Agege, who gave the indication in his May Day message through his media office to Nigerian workers, noted how profoundly things were changing across the world as a result of the coronavirus disease (COVID-19).


“Few come close to the resilient spirit of Nigerian workers whose struggles, toils and sweat have contributed in no small way to the building of this nation.

“The malevolent coronavirus pandemic has brought down nations and their economies, with serious negative implication for businesses and statistics on inflation and employment rates.

“Across the world today, many workers can no longer work because of this pandemic; many are trudging on heroically and, indeed, many in the health and other sectors are working assiduously towards saving Nigeria from the ravaging effect of this global problem,” he stated.

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