AKSG to sign MoU with Central Bank

The State government is to sign a Memorandum of Understanding with the Central Bank of Nigeria to access N2Billion from the Micro, Small and Medium Enterprise Development Fund (MSNEDF) to support micro and small businesses in the State.

The Commissioner for Economic Development, Mr. Akan Okon gave the hint during a meeting with operators of Micro Finance Banks in the State, held at the conference room of the Ministry last week.

AKSG to sign MOU with Central Bank

 

The State government is to sign a Memorandum of Understanding with the Central Bank of Nigeria to access two billion naira from the Micro, Small & Medium Enterprise Development Fund (MSNEDF) to support micro and small businesses in the State.

The Commissioner for Economic Development, Mr. Akan Okon gave the hint during a meeting with operators of Micro Finance Banks in the State, held at the conference room of the Ministry yesterday.
Mr. Okon said the Federal Government through the Central Bank of Nigeria has made available two hundred and twenty billion naira to States with each State entitled to access two billion naira for micro, small and medium scale businesses.