Govt to disburse N1b loan to Bauchi MSMEs 

Kaduna restates Tinubu’s move to end poverty

The Federal Government, through the Bank of Industry (BoI), is to disburse N1 billion loan to boost Micro, Small and Medium Enterprises (MSMEs) across the 20 local council areas of Bauchi State.

He said this is necessary in order to utilise the money for the purposes it was meant for. He added that the training became necessary to avoid the diversion of the funds by the beneficiaries. 

SIMILARLY, Governor Uba Sani OF Kaduna State has reassured Nigerians of President Bola Tinubu’s determination to eradicate poverty in the country. He, therefore, appealed to those responsible for empowering the poor in the country at an occasion where the BoI disbursed grants and loans to residents to boost their businesses.
  
The governor spoke at a town hall meeting on the Presidential Grants and Loans Scheme for Small Scale Medium Enterprises (SSMEs), organised by the Federal Government, in collaboration with the BoI, in Kaduna, yesterday.
  
Represented by his Special Adviser on Economic Matters, Ibrahim Tanko Mohammed, the governor said the initiative was evidence that the President was a listening leader, who cared for small and medium-scale businesses and their success. The event, which was in respect of the N200 billion Presidential Intervention Fund, was attended by citizens from the 23 local councils of the state.