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Ilorin Mall Looting: Committee pledges transparency over N500m recovery fund

The eleven-man committee set up to supervise the N500m SME recovery scheme, promised by the Kwara State Government, met on Wednesday with a promise to discharge its duty with utmost accountability and transparency.

Chairman of the committee and Deputy Governor of Kwara State, Mr Kayode Alabi, who reflected on the unfortunate incident, stated that such has never happened in the history of Kwara state.

According to him, the committee will approach its onerous assignment with the required dedication, transparency and accountability as public funds and people’s livelihoods are involved.

While sympathising with affected business owners, Mr Alabi charged committee members to approach affected shop owners with sensitivity owing to the enormous losses suffered.

The Deputy Governor said 342 businesses have applied for the funds approved by Governor AbdulRahman AbdulRasaq to support businesses affected by the recent looting.

Secretary of the committee, Mohammed Brimah added that it would work with insurance adjusters to evaluate the losses in line with global best practices.

Four Sub-committees were set up with specific mandate to ensure smooth delivery of the assignment.

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