MSME To Get N10M Collateral-Free Loans - Osinbajo

MSME To Get N10M Collateral-Free Loans - Osinbajo

The Nigerian-British Chamber of Commerce - MSME To Get N10M Collateral-Free Loans - Osinbajo
Agriculture August 7, 2018

Acting President, Prof. Yemi Osinbajo, says the Federal Government is working towards providing Micro, Small and Medium Enterprises(MSME) a credit facility of N2 million to N10 million without collateral. Osibanjo made the disclosure on Wednesday at a dinner/ maiden edition of the MSMEs Award 2018 held at the State House Banquet Hall, Abuja. The awards packaged by the Office of the Vice-President and supported by the Federal Ministry of Trade and Investment, got over 300 nominations across the nation.

Osinbajo had in 2017 launched the MSME Clinic as part of efforts to encourage the contributions of MSMEs to Nigeria’s economic growth. The acting president said he was delighted to reward and recognize outstanding MSME as they represent remarkable examples of Nigerian entrepreneurship, creativity and innovation.

Source: Guardian.ng

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