Vice President Kashim Shettima has praised Access Bank for its commitment to providing N30 billion in discounted loans to 700,000 Micro, Small, and Medium Enterprises (MSMEs) in alignment with the Tinubu administration’s agenda for job creation and MSME sector growth…CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
Senator Shettima, addressing a gathering of MSME stakeholders from both public and private sectors at the Presidential Villa over the weekend, announced that the Access Bank loan initiative would kick off at the earliest opportunity.
“At the meeting with the management of Access Bank, we engaged in extensive discussions, and they have pledged a N30 billion support to MSMEs, with a specific focus on youth and women as the primary beneficiaries.
These loans will be offered at a 15% interest rate,” he stated, according to a statement by his spokesperson, Stanley Nkwocha.
Having previously met with a delegation from Access Bank, led by its Managing Director/Chief Executive Officer, Mr. Roosevelt Ogbonna, Vice President Shettima recognized the formidable challenges facing the nation.
Despite this, he expressed confidence in Nigeria’s talent pool to overcome these challenges, stating, “In this room are the people that can bring about the changes we seek, be it in the agricultural value chain, the digital value chain, and the manufacturing value chain.”
