ENTREPRENEURS MEET WITH CBN OVER N220 BILLION MSME FUND
127 views · Published 29 August 2013 · 4:56 · Indexed 8 November 2026
Channel: TV360 Nigeria · 2013 · News & Politics
The Nigerian Association Of Small and Medium Enterprises, {NASME}, have called for a collaborative effort between the Central Bank of Nigeria and Business organisations as part of efforts to monitor the disbursement process of the 220 billion Naira intervention fund recently released to Micro, small and medium enterprises in by the Federal government through its apex Bank.
Speaking in Lagos at its General Meeting which also attracted the attendance of the World Bank, the President of NASME, Alhaji Garba Gusau, also commended the initiative by the government which he described as laudable.
The Central Bank of Nigeria has handed the disbursement process to the Bank of industry, who would make the funds available to the Micro Finance Banks that meet the desired requirements. The small and medium scale entrepreneurs will then access it through the Micro Finance Banks.
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