Minister of Industry, Trade and Investment, Hon (Dr) Doris Nkiruka Uzoka-Anite MD, CFA, has made a “public announcement” which says, “The Federal Government of Nigeria proudly launches the MSME and Manufacturing segment of the Presidential 200 Billion Naira Fund”.
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Minister of Industry, Trade and Investment, Hon. (Dr) Doris Nkiruka Uzoka-Anite, MD, CFA |
She added: “With the applications for the Presidential Conditional Grant Scheme now closed, we are thrilled to start the loan disbursement for MSMEs and the manufacturing sector, aiming to boost economic growth and industrial development.
“Fund Allocation:
– 75 Billion Naira for MSMEs
– 75 Billion Naira for Manufacturing
“Initial disbursements to nano businesses have shown great success, supporting 1 million nano businesses across Nigeria. More beneficiaries will receive their grants this week.
“More Info: Visit your local state Bank of Industry branch or find details in the attached PDF.
“Loan Details:
MSMEs: Up to 1M Naira
Manufacturers: Up to 1 Billion Naira
“Let’s strengthen our industries, create jobs, and drive national progress. Your business growth is vital to our nation’s future.
“Thank you.”
More details:
Photos: @DrDorisAnite