Nigeria’s Vice President, Senator Kashim Shettima has announced Government’s plan to urgently ensure quick access to single digit loans for Nigerian small businesses within the shortest time possible.
Vice President stated this in a message to mark the 2023 World Micro Small and Medium Enterprises (MSME) Day on Tuesday.
He said the plan was in recognition of the role MSMEs play in the economy.
Vice President Shettima’s message reads:
“On this World MSME Day, the government of President Tinubu recognizes the vital role that Micro, Small and Medium Enterprises (MSMEs) play in driving economic growth, creating jobs, and promoting innovation.
“We remain committed to providing support, fostering an enabling environment, and improving access to finance for MSMEs, especially in these unprecedented times.
“We urge all stakeholders to come together to champion the growth and success of MSMEs to achieve sustainable development for all, while we also recognize the plethora of issues that face MSMEs as a result of the subsidy removal, however the government is working urgently to ensure quick access to single digit loans for Nigerian small businesses within the shortest time possible.”
He assured MSMEs in Nigeria that President Bola Tinubu is their partner and would work to make life easier for their businesses.
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