The Federal Government plans to disburse N250bn as loans to Medium-scale, Small and Micro Enterprises to boost job creation across the country.
According to the National Development Plan 2021–2025 , a copy of which was obtained by The PUNCH, the Federal Government plans to increase loan disbursements to the MSMEs from N190bn from N440bn. The government said the proposed loans were a part of its employment and job creation plan which among other things seeks to address the challenge of harnessing the potential of the youth demography into a productive force for growth and poverty reduction.
The report said Nigeria’s vision for 2025 would build on past plans’ progress to support the formalisation process of the MSMEs and align strategies across high growth sectors to ultimately drive massive job creation.
It added that providing easy access to finance for MSMEs is critical to delivering jobs and ultimately lifting millions out of poverty during the five-year period which the NDP covers.
I don't understand, has FG lifted the ban they placed on Twitter ?
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