Monday, 18 August 2014

Federal Government To Begin Disbursement Of 220 Billion Naira Micro And Medium Enterprise Fund.

President Goodluck Jonathan will on Tuesday in Abuja officially begin disbursement of the of the two hundred and twenty billion naira Micro ,Small and Medium Enterprises fund.

Governor of Central Bank of Nigeria, Godwin Emefiele who disclosed this at the opening of the eight MSME financial conference and Entrepreneurship Award on Monday, said the sector remains critical economic drivers.

Emefiele noted that balanced and inclusive growth and development depend largely on affordable and efficient financial services to MSME,especially the micro entrepreneurs who account for more than ninety percent MSME in Nigeria.

He stressed that the sector must be strengthened in other to forestall the inevitable adverse socio-economic consequences of financial exclusion.

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