Support SMEs with grants, small business owners tell government

The Nigerian Association of Small and Medium Scale Enterprises says the government should support small and medium-scale enterprises with grants in order to pull through the present economic challenges.

Karunwi said the association had prepared for the economic challenges by building the capacity of its members through various training programmes. Karunwi said members have also been advised against presently taking loans – even if it is a digital loan. “But, with grants from government, there will be less pressure on them to pay the money back, which will give them sustainable productivity.”

Source: News Formal (newsformal.com)

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why we quickly passed N2.17 trillion supplementary budgetPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Violent extremism growing in scope, impact in West AfricaPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »

UBA Restates Commitment To Financing SMEs Across AfricaThe United Bank for Africa (UBA) Plc has restated its continuous commitment towards financing the Small and Medium Enterprises (SMEs) in Nigeria and across
Source: LeadershipNGA - 🏆 4. / 77 Read more »

At seven, is Paris Agreement already on life support?The Nation Newspaper At seven, is Paris Agreement already on life support?
Source: TheNationNews - 🏆 6. / 69 Read more »

Dabiri-Erewa promises support for DAWNThe Nation Newspaper Dabiri-Erewa promises support for DAWN
Source: TheNationNews - 🏆 6. / 69 Read more »