The Lagos State Ministry of Agriculture & Food Systems has awarded a N150,000,000 grant to 33 innovative agripreneurs under the Lagos Agrithon competition. The support is part of the state's push to scale SME-driven agriculture and promote agritec… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Lagos issues N150m grant to agripreneur SMEs By Abimbola Akomolafe on November 14, 2025 The Lagos State Ministry of Agriculture & Food Systems has awarded a N150,000,000 grant to 33 innovative agripreneurs under the Lagos Agrithon competition. The support is part of the state's push to scale SME-driven agriculture and promote agritech innovation. The grants were presented at the Lagos Agrinnovation Summit 2.0, an event designed to showcase new ideas transforming food systems, sustainability, and agribusiness growth. The initiative highlights Lagos State's increasing investment in youth-led and tech-enabled agriculture. Read also, SME farmers gain higher yields in Northeast Nigeria Lagos issues N150m grant to agripreneur SMEs Imo expands SME initiative to 104 new communities Kosofe unveils N100m SME empowerment scheme IHS towers reports strong Q3 results, raises 2025 outlook on robust Nigeria performance Officials noted that the beneficiaries emerged from a competitive process seeking to identify high-potential agripreneurs capable of delivering measurable impact across the agricultural value chain. The funding aims to help them expand production, improve technology adoption, and strengthen market access. The ministry reiterated that the Agrithon platform will continue to support emerging SMEs, accelerate innovation, and reinforce Lagos State's commitment to building a resilient, modern agricultural economy.

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Imo State has added 104 new communities to its One Kindred One Business Initiative (OKOBI), a programme boosting grassroots entrepreneurship across the state. In under two years, more than 500 community-owned SMEs have emerged under OKOBI, engaging 20,0… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Imo expands SME initiative to 104 new communities By Abimbola Akomolafe on November 14, 2025 Imo State has added 104 new communities to its One Kindred One Business Initiative (OKOBI), a programme boosting grassroots entrepreneurship across the state. In under two years, more than 500 community-owned SMEs have emerged under OKOBI, engaging 20,000 associates and creating sustainable jobs. Approved by Governor Hope Uzodimma, the initiative targets poverty reduction and local economic growth across 630 autonomous communities. It encourages collective business ownership, using local talent and shared resources to build community-driven enterprises. Read also, Imo expands SME initiative to 104 new communities Kosofe unveils N100m SME empowerment scheme IHS towers reports strong Q3 results, raises 2025 outlook on robust Nigeria performance Edo launches N1bn interest-free loan to boost SME growth Turkey Poland officials push new SME investment links in Nigeria Officials say participants are now refining ideas into bankable proposals through training, mentorship, and technical support. A full list of newly enlisted communities is available on the Office of the Chief Economic Adviser's website. With Phase Two underway, the programme is set to strengthen MSMEs, empower more youth and women, and scale community-owned businesses across Imo State.

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Kosofe Local Government is set to roll out a N100 million empowerment scheme for residents, beginning next week. The initiative, led by Barr. Moyosore Ogunlewe, aims to support 1,000 people through targeted financial assistance designed to improve livel… Read on blog or Reader SMALL BUSINESS INSIGHTS Read on blog or Reader Kosofe unveils N100m SME empowerment scheme By Abimbola Akomolafe on November 14, 2025 Kosofe Local Government is set to roll out a N100 million empowerment scheme for residents, beginning next week. The initiative, led by Barr. Moyosore Ogunlewe, aims to support 1,000 people through targeted financial assistance designed to improve livelihoods and strengthen small business growth. The programme will be delivered in four phases, covering the general public, artisans and tradesmen, widows, and youth—each allocated ₦25 million to broaden economic participation across the community. Read also, Kosofe unveils N100m SME empowerment scheme IHS towers reports strong Q3 results, raises 2025 outlook on robust Nigeria performance Edo launches N1bn interest-free loan to boost SME growth Turkey Poland officials push new SME investment links in Nigeria Bauchi launches climate resilient for SME farming initiative Authorities say the scheme underscores the administration's commitment to boosting self-reliance, expanding local enterprise, and creating inclusive economic opportunities for SMEs within Kosofe.

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