Nigeria Union South Africa (NUSA) has announced it plans to disburse N6.8 million (about R300,000) relief package for Nigerians, whose businesses were affected by lockdown.
Its President, Mr. Adetola Olubajo, who disclosed this to the News Agency of Nigeria (NAN) on telephone, said the decision was reached at the union’s 2020 National Congress with the theme: “Post-COVID-19 Survival of Small Business’’.
Olubajo said the theme of the congress held virtually was inspired by the need to assist people and small businesses adversely affected by the COVID-19 lockdown.
Olubajo said NUSA had set up an Economic Team for the purpose, headed by Mr. Matthew Okafor, an IT Security Consultant with Concept254 Digital.
“We intend to raise N6.8 million (about R300,000) from private individuals within our community, mostly from our members of Board of Trustee.
“The mobilisation of fund has started and from next month we will be collecting applications from members of our community who are adversely affected by the COVID-19 lockdown regulations.
“Petty traders are our main target as majority of them do not have access to government relief package. Some of them don’t even have bank accounts, so it’s impossible for them to get loans from financial institutions,’’ he told NAN.
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