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Federal Government Launches N200 Billion Boost for MSMEs, Unveils Strategic Initiatives for Economic Growth
The Federal Government of Nigeria has unveiled a substantial allocation of N200 billion to bolster Micro, Small, and Medium Enterprises (MSMEs) as well as the manufacturing sectors, with the aim of fueling job creation and fostering economic growth.
This significant commitment was disclosed by Nura Rimi, the Permanent Secretary of the Federal Ministry of Industry, Trade and Investment, during a capacity-building event for MSMEs held in Lokoja, Kogi State.
The announcement goes hand in hand with the government's initiation of the licensing of Business Development Service Providers (BDSPs), under a new certification and accreditation framework. This framework seeks to standardize the delivery of Business Development Services (BDS) across the nation, ensuring a more streamlined and effective approach.
The Lokoja workshop not only focused on capacity building but also provided a dynamic platform for networking, encouraging collaboration, and fostering idea-sharing among MSMEs. The commitment to strengthening the MSME sector is aligned with the Renewed Hope Agenda of President Bola Tinubu, recognizing the pivotal role these enterprises play in propelling economic growth.
The Governor of Kogi State, represented by the Managing Director/Chief Executive Officer of Kogi Enterprises Development Agency (KEDA), affirmed the state government's dedication to implementing training initiatives across the state. The governor emphasized the positive impact such initiatives would have on SMEs and the overall economy.
Regarding the earmarked funds, the government plans to make them accessible to small business owners through a single-digit interest loan, with the aim of facilitating business expansion and wealth creation. The Permanent Secretary highlighted previous government interventions in the MSME sector, including the Anchor Borrowers Programme (ABP), Agribusiness Small and Medium Enterprises Investment Scheme (AGSMEIS), and the N10 billion National Enterprise Development (NEDEP) Fund. These interventions are strategically designed to support MSME growth, drive industrialization, and propel economic advancement.
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AGSMEIS Loan Application Form Portal 2023/2024 - FG Opens New Portal For AGSMEIS Loan
The federal government of Nigeria, through the Nirsal Microfinance Bank (NMFB) had announced its readiness to open new improved/Customer-friendly AGSMEIS loan portal.
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AGSMEIS Loan Application Form Portal 2023/2024 - FG Opens New Portal For AGSMEIS Loan
The federal government of Nigeria, through the Nirsal Microfinance Bank (NMFB) had announced its readiness to open new improved/Customer-friendly AGSMEIS loan portal.
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CBN 3 Million Naira Collateral-free Loan for SMEs & Individuals
CBN 3 Million Naira Collateral-free Loan for SMEs & Individuals
CBN 3 Million Naira Collateral-free Loan for SMEs & Individuals: The Central Bank of Nigeria is giving collateral-free loans of up to N3,000,000 (Three million Naira) to small businesses in a scheme called; Agric-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS).
Objectives of the Scheme – To improve access to affordable and sustainable finance by Agri-businesses, Micro, Small and…
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CBN launches tertiary institutions entrepreneurship scheme
The Central Bank of Nigeria (CBN) has launched the Tertiary Institutions Entrepreneurship Scheme (TIES), to provide access to finance bankable ideas by graduates and undergraduates, in the quest to tackle youth unemployment in the country.
Solacebase reports that the Scheme, developed in partnership with Nigerian polytechnics and universities, is designed to harness the potentials of graduate…
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AGSMEIS: CBN Disburses N121.57bn To Beneficiaries.
07/28/2021 18:28 in News
The Central Bank of Nigeria (CBN) has said that it disbursed the sum of N121.57 billion to 32,617 beneficiaries under the Agribusiness/Small and Medium Enterprise Investment Scheme (AGSMEIS).
This was shared by the apex bank on Tuesday through a communiqué after its Monetary Policy Committee (MPC) meeting in Abuja.
In the communiqué, the CBN also disclosed that…
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Apply for Agric-Business Small and Medium Enterprises Investment Loan
Apply for Agric-Business Small and Medium Enterprises Investment Loan
Do you own a business and need working capital to stimulate your business growth to keep it running. Or want to start a new business? Agric-Business Small and Medium Enterprises investment (AGSMEIS) loan could be a good option for you.
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#agri-business small and medium enterprises#agribusiness/small and medium enterprises#agsmeis business plan#agsmeis disbursement#agsmeis loan interview questions#agsmeis training registration#apply for agsmeis loan#cbn agsmeis loan application#latest news on agsmeis loan
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CBN unveils non-interest guidelines for AGSMEIS, MSMEDF, others
https://nigerianeyez.blogspot.com/2020/07/cbn-unveils-non-interest-guidelines-for.html
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Federal Government Launches N200 Billion Boost for MSMEs, Unveils Strategic Initiatives for Economic Growth
The Federal Government of Nigeria has unveiled a substantial allocation of N200 billion to bolster Micro, Small, and Medium Enterprises (MSMEs) as well as the manufacturing sectors, with the aim of fueling job creation and fostering economic growth.
This significant commitment was disclosed by Nura Rimi, the Permanent Secretary of the Federal Ministry of Industry, Trade and Investment, during a capacity-building event for MSMEs held in Lokoja, Kogi State.
The announcement goes hand in hand with the government's initiation of the licensing of Business Development Service Providers (BDSPs), under a new certification and accreditation framework. This framework seeks to standardize the delivery of Business Development Services (BDS) across the nation, ensuring a more streamlined and effective approach.
The Lokoja workshop not only focused on capacity building but also provided a dynamic platform for networking, encouraging collaboration, and fostering idea-sharing among MSMEs. The commitment to strengthening the MSME sector is aligned with the Renewed Hope Agenda of President Bola Tinubu, recognizing the pivotal role these enterprises play in propelling economic growth.
The Governor of Kogi State, represented by the Managing Director/Chief Executive Officer of Kogi Enterprises Development Agency (KEDA), affirmed the state government's dedication to implementing training initiatives across the state. The governor emphasized the positive impact such initiatives would have on SMEs and the overall economy.
Regarding the earmarked funds, the government plans to make them accessible to small business owners through a single-digit interest loan, with the aim of facilitating business expansion and wealth creation. The Permanent Secretary highlighted previous government interventions in the MSME sector, including the Anchor Borrowers Programme (ABP), Agribusiness Small and Medium Enterprises Investment Scheme (AGSMEIS), and the N10 billion National Enterprise Development (NEDEP) Fund. These interventions are strategically designed to support MSME growth, drive industrialization, and propel economic advancement.
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agsmeisapp.nmfb.com.ng | CBN AGSMEIS Loan Application Form Portal Login 2023 | NIRSAL AGSMEIS Loan
agsmeisapp.nmfb.com.ng | CBN AGSMEIS Loan Application Form Portal Login 2023 | NIRSAL AGSMEIS Loan
NIRSAL CBN AGSMEIS Loan Application form 2023 online: AGSMEIS is part of the NIRSAL loan programme to help Nigerians with loan to build their businesses. See more information about AGSMEIS loan application here.
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agsmeisapp.nmfb.com.ng | CBN AGSMEIS Loan Application Form Portal Login 2023 | NIRSAL AGSMEIS Loan
agsmeisapp.nmfb.com.ng | CBN AGSMEIS Loan Application Form Portal Login 2023 | NIRSAL AGSMEIS Loan
NIRSAL CBN AGSMEIS Loan Application form 2023 online: AGSMEIS is part of the NIRSAL loan programme to help Nigerians with loan to build their businesses. See more information about AGSMEIS loan application here.
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How to Access CBN Loan at 5% Interest Rate Per Annum without Collateral
How to Access CBN Loan at 5% Interest Rate Per Annum without Collateral
How to Access CBN Loan at 5% Interest Rate Per Annum without Collateral
Do you know that you can access the N10 million CBN AGSMEIS 5% Loan? Have you been searching for the CBN Loan 2022? If your answer is yes then you have to go through this post to know how you can apply for this loan from CBN.
What is Agric Small and Medium Enterprise Scheme (AGSMEIS) CBN Loan?
The Agric Small and Medium…
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