The governor said this on Thursday in Abuja at the national inauguration of a project tagged “Project 20 million”.
Browsing: Small and Medium Scale Enterprises
Further to its commitment to help stimulate and grow a strong and viable small and medium scale enterprises sector in Nigeria, Stanbic IBTC Bank PLC, a member of Stanbic IBTC Holdings PLC, is partnering with the Enterprise Development Center, Lagos Business School,
The bank said it had offered 100 million dollars to authorised dealers in the wholesale segment of the market while Small and Medium Scale Enterprises Segment received 55 million dollars.
The acting Director, Corporate Communications, CBN, Isaac Okorafor, in a statement said the apex bank offered 100 million dollars to authorised dealers in the wholesale segment of the market.
The Small and Medium Scale Enterprises segment received $55 million, while $55 million was apportioned to invisibles such as tuition fees, medical payments and Basic Travel Allowance.
According to Adeosun, the present administration is aware of the role of SMEs in national economy, hence the resolve to position the DBN as a catalyst for the development of the SMEs
The Bank supports EDC to also celebrate “Global Entrepreneurship Week”, a celebration of the innovators and job creators, who launch startups that bring ideas to life, drive economic growth and expand human welfare
In a speech delivered on his behalf on Tuesday by Vice President Yemi Osinbajo (SAN), Buhari made clear the government’s resolve to engage more with Small and Medium Scale Entrepreneurs in Nigeria towards ensuring sustainable economic development and wealth creation in the country
The bank gave the charge at the 39th Diamond Business Xpress Seminar held recently in Port Harcourt, the Rivers State capital
Ahmed said another tranche of N100 million would be disbursed in the next few weeks and members of the artisan congress would be part of the beneficiaries