Government unveils plan for Graduate/Small Scale Industrial Development Loan Scheme

The much awaited and anticipated “Graduate/Small Scale Industrial Development Loan Scheme” has ben released by the Oyo state ministry of industry, applied science and technology.
According to the commissioner, Mr. Adedapo Lam-Adesina, the scheme is part of the Transformation Agenda of the Senator Abiola Ajimobi Administration. 
“The Ministry of Industry, Applied Science and Technology under the Leadership of Mr. Adedapo Lam-Adesina is starting a scheme to give opportunity to unemployed graduates and the unemployed who desire to be self-employed and become entrepreneurs in the State,” he said in a statement made available to
“The Scheme which had been abandoned for long is aimed at giving graduates and the unemployed youth access to government’s financial support. A replica of the Job Fair and Youth Empowerment/Skill Acquisition and Settlement Scheme which the Senator Abiola Ajimobi’s Administration started in the Ministry of Youth and Sports when Mr. Adedapo Lam-Adesina was the Commissioner.”

Kindly acquaint yourself with the timetable for the Loan Scheme:

• Free online registration MONDAY,9th JUNE – MONDAY 30th JUNE 2014.

• Processing of Form WEDNESDAY, 2nd JULY – WEDNESDAY,9th JULY 2014

• Training on Proposal Writing MONDAY,14th JULY – FRIDAY,18th JULY 2014

• Submission of Feasibility Report FRIDAY,25th JULY 2014

• Screening/Proposal Defense TUESDAY,29th JULY 2014

• Selection of Successful Candidates WEDNESDAY,30th JULY – TUESDAY,5th AUGUST 2014

• Presentation of Cheques/Closing THURSDAY,7th AUGUST 2014

Please avail yourself of this Golden opportunity as we make conscious efforts to develop Oyo State industrially through Science and Tech.

Kindly note that forms can be downloaded on

Go to resources and click on download where you will get the form to be printed out.Submission to the office of the Honourable Commissioner for Industry,Applied Science and Technology Mr Dapo Lam Adesina must be done on or before 12 noon on MONDAY 30th of June, 2014.


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  1. It is a good development by the oyo state government. It is more or less a replica of “YOUWIN” initiative of federal government. Transparency and fairness of selection will be appreciated.

  2. Pingback: Dapo Lam Adesina resigns, declares assets, people react |

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