2023 MSME Day: FG To Fast-track Access To Single-digit Loans
EkoHotBlog reports that the federal government has pledged to make plans to fast-track access to single-digit loans for Micro Small and Medium Enterprises (MSMEs)
The vice president made this pledge on Tuesday while marking the 2023 MSME Day.
He said that the Federal Government was aware of the impact of fuel subsidy removal on MSMEs and was working towards addressing it.
“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.
“We remain committed to providing support, fostering an enabling environment, and improving access to finance for MSMEs, especially in these unprecedented times.
“We urge all stakeholders to come together to champion the growth and success of MSMEs to achieve sustainable development for all.
“We also recognise the plethora of issues that face MSMEs as a result of the subsidy removal.
“However, the government is working urgently to ensure quick access to single-digit loans for Nigerian small businesses within the shortest time possible.
“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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