Federal Government announces disbursement of N140.8 billion to businesses across Nigeria under intervention programmes aimed at strengthening local industries, supporting small businesses and creating employment opportunities – Minister Industry Trade Investment Dr Jumoke Oduwole disclosed while delivering address titled Harnessing Nigeria's Economic Potential for Greater Prosperity – According to minister government completed disbursement – Ghanamma Nov 3 – MyPressToday Nov 3 01:44 – Breakdown: N75bn Manufacturing Sector Fund to 104 manufacturing businesses, N65.8bn to 15,018 MSMEs – NairaVoice Nov 3 – Vanguard Nov 3 01:48 – Fund dedicates N75bn to MSMEs and N75bn to manufacturing sector – Presidential N200bn Intervention Fund created to help businesses navigate harsh economic conditions – Facilitated through Bank of Industry at 9% annual interest – Segun Ajayi-Kadir DG MAN confirmed start – BusinessDay – Also Manufacturers seek N1trn stabilisation fund to save shrinking factories – Segun Kadir DG MAN cautioned service-led growth cannot sustain economy – BusinessDay Go Local Summit 2.0 Lagos – While commending N75bn manufacturing intervention fund, Industrial Revolution Work Group and Nigeria First policy – Implementation will determine whether measures translate into stronger factory output
Source: Ghanamma FG Releases N140.8bn to Businesses Nov 3 – Vanguard FG disburses N75bn to 104 manufacturers Nov 3 01:44 – MyPressToday Nov 3 01:44 – NairaVoice – BusinessDay FG begins loan payment – BusinessDay Manufacturers seek N1trn
Comments
Post a Comment