In an avowed bid to tackle the economic challenges occasioned by the removal of fuel subsidy, Governor ‘Seyi Makinde, in August 2023, set up a 15-man committee for the Sustainable Action for Economic Recovery (SAfER).
Led by the Chief of Staff to the Governor, Segun Ogunwuyi, the committee aims to mitigate the impact of the subsidy removal on the state’s residents. Government officials in the committee include the Commissioner for Budget and Economic Planning, Prof. Musibau Babatunde.
Matching action with words, in October 2023, the state government presented N500 million SAfER cheques to participating microfinance banks across the seven zones in the state.
Presenting the cheques, the Chief of Staff, who is also the chairman of SAfER committee, said the N500 million would serve as loan support to small and micro enterprises under the Sustainable Action for Economic Recovery (SAfER).
Ogunwuyi…
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