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FG to grant MSMEs quick access to loans, says Shettima

Shettima
Shettima Photo/twitter/officialabat

Shettima

Vice President Kashim Shettima has expressed the Federal Government’s readiness to ensure that Micro Small and Medium Enterprises (MSMEs) in Nigeria have quick access to loans.
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Shettima said this on Tuesday in a message to mark the 2023 World Micro Small and Medium Enterprises Day.

He also urged all stakeholders to come together to champion the growth and success of Micro Small and Medium Enterprises (MSMEs) to achieve sustainable development in Nigeria.

“On this World MSME Day, the government of President Tinubu recognises the vital role that MSMEs play in driving economic growth, creating jobs, and promoting innovation,” Shettima said.

“We remain committed to providing support, fostering an enabling environment, and improving access to finance for MSMEs, especially in these unprecedented times.
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“We urge all stakeholders to come together to champion the growth and success of MSMEs to achieve sustainable development for all,” he said.

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The former governor of Borno State said that the Federal Government recognises the plethora of issues that face MSMEs as a result of the recent removal of subsidy on fuel.

However, according to the Vice President, the government is working urgently to ensure quick access to single-digit loans for Nigerian small businesses within the shortest time possible.

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“Please note that the president is your partner and here to make life easier for your businesses. Happy MSMES Day,” he said.
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