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#EndSARS: Access Bank Disburses N50b To Help Businesses

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By Ayodele Oluwafemi

Worried by the damages done to private businesses by hoodlums in the past few days, Access Bank Nigeria has announced plans to give N50 billion to support micro, small and medium sized businesses via interest-free loans and grants.

For the past three days, several retail shops, supermarkets and shopping malls have been looted by hoodlums across the country, leaving many business owners to count their loses.

The bank, in a statement, said it was pained and worried by the recent happenings in the country, noting that it felt that corporate organizations should be of assistance to those who were affected.

“Therefore, we are announcing that we have set aside a minimum of N50bn (through interest-free loans and grants) to support the rebuilding of businesses and to bring greater opportunities. This will be used to support:

“The communities we live in, the people who protect us and the spaces that we need as communities to thrive.

“Our micro, small and medium sized businesses who employ most Nigerians and feed and educate our children.

“Our young population who represent the future and hope for our nation.

“We must heal our wounds and come out stronger so that we can occupy our true position in the world and bring a better future for our children,” the bank said.

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