Enterprise Television- Niger Disburses N1bn MSMEs Fund to 11,587 Beneficiaries
The Niger State Government has commenced the disbursement of the N1 billion Central Bank of Nigeria Micro Small and Medium Enterprises Development Fund to 11, 578 beneficiaries.
Enterprise Television learnt that the fund was aimed at creating financial inclusion, wealth and empowerment of youths.
Niger State Governor, Abubakar Bello said the state government had keyed into the initiative as part of its restoration agenda to empower youths to be engaged in useful ventures to become self-reliant.
Bello said the government would continue to support MSMEs so as to stimulate economic growth, create jobs and engage the youths to reduce restiveness.
He however advised the beneficiaries to be prudent in the management of the funds as they were loans to be paid back.
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