Dapo Abiodun Launches Tech Hub, Anchor Borrowers Programme

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Dapo Abiodun Launches Tech Hub, Anchor Borrowers Programme

Dapo Abiodun Launches Tech Hub, Anchor Borrowers Programme
September 07
15:36 2019

For the umpteenth time, Prince Dapo Abiodun, Governor of Ogun State, has shown that his administration is all encompassing and will not be leaving any demographics out at the expense of another.

This much has been highlighted in the last 24 hours as the Governor launched Ogun Tech Hub and Science, Technology, Engineering and Mathematics (STEM) Centre on the one hand and the Oko’wo Dapo, an initiative to provide funds to our people, especially women and youth, on the other hand, barely a week after he inaugurated the steering committee to oversee the new Ogun State Anchor Borrowers Programme (ABP).


The Ogun Tech Hub and STEM is a grand step geared towards fostering creativity and achievement of purpose for technologists, social entrepreneurs, tech companies, impact investors, and even ethical hackers and governments around Ogun State.

Optimistic of the programme, Prince Abiodun expressed that the idea of the hub is conceptualised with the aim to make Ogun “as the one-stop shop for technological innovations across Africa, where start-up companies will conveniently be set up.



“This step is firstly a result of the collaboration of tech enthusiasts and private sector players largely independent of our government,” he said.

In another development, the Ogun State Anchor Borrowers Programme has been lauded as poverty eradicating initiative of wide impact with good implementation. Governor Abiodun said the Programme will provide inputs, service support and training required for farmers through a single digit loan and guaranteed off-taker.

Meanwhile, the African Development Bank (AfDB) has reached an advanced stage to site in Ogun State, the biggest Agro-Processing Zone in Nigeria. Governor Abiodun had hinted this during the flag-off of the State ABP in Abeokuta.

According to Abiodun, “The decision of the AfDB, headed by our very own Prof. Akinwunmi Adesina, is a result of our constructive engagement with the Bank over the last 70 days.

He expressed optimism that siting of the project in addition to the Anchor Borrowers Scheme, “is sure to raise income, eliminate unemployment, especially youth joblessness, reduce food import bill to the barest minimum and reduce prices of high-value food products.”

In the same vein, Governor Abiodun has enjoined the first set of beneficiaries of the newly launched ‘Oko’wo Dapo’ to make judicious use of their loans and not see it “as a share of national cake”.

2000 women have benefitted in the first phase of the women empowerment initiative, which is direct loan facility to women to enhance trade as well as micro, small and medium scale enterprises.


The governor revealed that the initiative is a social intervention programme that is born out of the passion to make life better. He says the scheme is a tip of the iceberg, and the first in the series of social intervention programmes of the current administration.

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