Tinubu Government Pledges to Expedite Access to Single-Digit Loans for MSMEs, says Shettima

In a bid to support Nigerian small businesses, Vice President Kashim Shettima has revealed that the Federal Government under the leadership of President Tinubu is committed to providing quick access to single-digit loans.

Shettima made this announcement on Tuesday, during his address to commemorate the 2023 World Micro Small and Medium Enterprises (MSME) Day.

Recognizing the crucial role played by MSMEs in driving economic growth and job creation, Shettima emphasized that the government is dedicated to fostering an enabling environment and improving access to finance, especially during these challenging times.

He urged all stakeholders to collaborate and support the growth and success of MSMEs, ultimately aiming for sustainable development.

Addressing the concerns resulting from the removal of fuel subsidies, the vice president assured that the government is actively working towards swiftly providing single-digit loans for Nigerian small businesses.

“Please note that the president is your partner and is here to make life easier for your businesses,” Shettima expressed, extending his well wishes on the occasion of MSMEs Day.

The Nigerian News Agency (NAN) reported.

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