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KEDA disburses N6billion as grants, soft loans to micro,small, medium enterprises in Kogi– gov. Ododo

Kogi Flame by Kogi Flame
December 4, 2025
in Business
0
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Kogiflame

Through Kogi Enterprise Development Agency (KEDA), six billion naira in grants and soft loans has reached more than fifteen thousand micro, small and medium enterprises across the twenty-one local government areas in Kogi State.

The Kogi State Governor, Alhaji Ahmed Ododo disclosed this on Thursday at the 3 Day Training Programme on Promoting Development and Infrastructure Growth in alignment with the 32-Year Development Plan.

The Governor noted that his administration supported over seven thousand farmers with inputs worth more than seven billion naira—100% free—during the last wet season, by refurbishing 140 abandoned tractors at a fraction of the cost of new ones, we saved the treasury over twenty billion naira, which is now being used to build roads and hospitals.

Governor Ododo who was represented by the Hon. Commissioner for Finance, Budget and Economic Planning, Mukadam Asiwaju Asiru Idris, stressed that Five hundred women and youths today are proud poultry owners because we gave them not fish, but the means to produce fish—viable farms.

“You can walk into Okene, Kabba, Ankpa and other communities today and meet these beneficiaries.
Fitch Ratings rewarded our credit profile with a “B” stable outlook, clear evidence of fiscal discipline and improved performance. Every contract above five million naira is published online. Biometric verification has eliminated over two thousand ghost workers, freeing up billions now being invested in building the Kogi of tomorrow.

According to him, intensified efforts are being made on the New Ultra-Modern Market located along the Zone 8–Crusher Road.

“This market sits on 25 hectares of land, and our objective is to open up the area, boost trade, and create a massive hub for commercial activities to thrive upon completion.
The Lokoja Ultra-Modern Market is poised to redefine market architecture in Nigeria. The President has granted approval for the development of our International Airport at Zariagi. This is a legacy that this administration is fully committed to seeing through.

“The design has been completed, and tendering is imminent. Our aim is to expand economic growth and investment, enhance trade and connectivity, strengthen infrastructure and urban development, promote social and regional integration, and, most importantly, create a wide range of job opportunities for the youths of Kogi State.

“The 32-Year Development Plan is not a document meant to gather dust; it is the compass that guides this administration daily. Promoting development in Kogi State and aligning infrastructure growth with this plan is critical for strategic, economic and social progress. Long-term development plans ensure continuity, stability and direction for our actions, enabling sustainable and impactful growth.

 

Kogi Flame

Kogi Flame

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