The
Central Bank of Nigeria, CBN, has released N500 million to the Enugu State
Government to finance 1,600 micro enterprise borrowers recommended by Enugu
Small and Medium Scale Enterprises, SMEs, Centre under the state Micro, Small
and Medium Enterprise Development Programme, MSMEDP.
The
Special Adviser to Governor Sullivan Chime on SMEs, Mr. Anayo Agu, who
disclosed this in a release, said the fund represented the first tranche of
over 3500 potential beneficiaries of the Enugu State-CBN MSMEDP.
Agu
said that the second tranche comprising of small and medium enterprise
borrowers, was expected before the end of January 2015.
He
noted that the release of the funds was a fulfilment of the promise by Governor
Sullivan Chime to make capital available for small entrepreneurs to prosper and
for rural farmers to grow.
Mr.
Agu emphasised that the state SMEs loan was open to every entrepreneur in Enugu
State irrespective of political affiliation, faith or state of origin.
CBN releases N500m to 1,600 Emerging Entreprenuers in Enugu state for SMEs
Reviewed by Unknown
on
Thursday, January 01, 2015
Rating:
Reviewed by Unknown
on
Thursday, January 01, 2015
Rating:
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