Oyo State N1 Billion MSME Fund

The Oyo State Micro, Small and Medium Enterprises (MSME) Development Fund is a N1 billion MSME stimulus package that will be disbursed through Microfinance Banks at a single-digit interest rate to facilitate the growth of MSMEs in the State. The fund is a component of Governor Seyi Makinde’s administration’s Post-COVID-19 Economic Recovery Plan. The fund will provide loan facilities, up to N3m per MSME.

Target Beneficiaries

The N1 billion MSME stimulus package is for Micro, Small, Medium Scale industries in Oyo State with a staff strength of less than ten to less than two hundred.

Interview of Adeniji Ruth Fausat and Olakunle Olarinde beneficiaries of the Oyo State MSME fund.

Fund Management

The fund is managed by The Oyo State Investment And Public-Private Partnership Agency (OYSIPA)

Application

Step 1 : DOWNLOAD FORM

Download the loan application forms or pick up from OYSIPA office.

Step 2 : PAYMENT

Pay loan application fee of N3,000 into the under-listed account:

Account Name: Oyo State Investment and Public Private Partnership Agency

Account Number: 1016729819

Bank: Zenith Bank PLC

Step 3 : SUBMISSION/VERIFICATION

  1. Submit duly filled loan application forms with evidence of payment to OYO STATE INVESTMENT AND PUBLIC-PRIVATE PARTNERSHIP AGENCY (OYSIPA). 11, Baale Oyewole Road, Opposite Golden Tulip Hotel, Jericho G.R.A., Ibadan, Oyo State.
  1. VERIFICATION: Your application will be verified by OYSIPA office, where you will be granted a unique code.

For more information contact :

OYO STATE INVESTMENT AND PUBLIC PRIVATE PARTNERSHIP AGENCY (OYSIPA)

11, Bale Oyewole Road, Opp. Golden Tulip Hotel, Jericho GRA, Ibadan

info@oysipa.oy.gov.ng

07083366677

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