Kwara State Governor, Abdulrahman Abdulrazaq, on Sunday announced a N500 million fund to assist owners of looted businesses.

He said this while inspecting looted malls in Ilorin the state capital, describing the situation as sad and handiwork of disgruntled persons.

After inspecting the damages inflicted on business outfits by hoodlums and looters hiding under the guise of #EndSARS protesters, Governor Abdulrasaq announced a N500 million fund to assist owners of looted businesses.

“Behind the ideas (of angry youths) are people with ideologies of trying to overthrow the government, loot the country or trying to take some sort of advantage the legitimate concerns of #EndSARS,” he said.

While condemning the looting of people’s businesses on Friday and Saturday, the Kwara leader said there can be no justification for such criminal behaviour.

“We are therefore not going to leave the business owners like that. We are setting up a N500 million fund for those that were affected, to access.

“The application form is live and active on the state government’s website and can now be filled by interested parties. We are going to get them back on their feet as soon as possible,” he added.

He sympathised with owners of all the businesses affected, adding that the incident may bring businesses to their knees and cause massive loss of jobs and a surge in the poverty rate.

He was also at the Agro mall where the materials meant for the flood victims in four local governments were kept before being looted.