**Abuja, Nigeria** – E be like say every small busines wey wan shine for Naija get better news as Bank of Industry (BOI) don talk say dem dey serious about making money dey flow for MSMEs. Na dem dey carry N75 billion intervention fund come out to help small businesses grow, create job wey go reach over 75,000 for direct and 150,000 for those wahala wey dey indirect. No be small thing o!
During wetin dem call Presidential Loan Clinic for MSMEs, wey happen for Abuja, top government officials and stakeholders gather come confirm say 662 businesses don already get approval for N2.9 billion funding. As e dey hot now, dem don drop about N900 million for 262 companies already. Na wa, money dey enter palm like say na freebie – but make dem no forget say na hard work dey come with am.
As the Managing Director/Chief Executive Officer of BOI, Olasupo Olusi, yan, dem dey do everything to ensure say everybody fit collect di loan wey dem approve. Though he talk say some people dey face wahala because of incomplete documents (e go better make dem sabi wetin dem dey do). Olusi come yan through him paddy, Mr. Yinka Adegboye, wey be Divisional Head for Multilaterals Division, say dem wan make sure every padi wey qualify get chance to chop from dis fund.
“We go dey hail unu! We don approve many loans, and while many don collect their own, some dey pending because of paperwork wahala. We go help dem solve am,” Olusi talk as he dey gree for everybody to know say di money still dey. He no wan make anybody miss chance to benefit!
Nasiru Ozovehe, wey be BOI Regional Manager for North Central, come add pepper to di discussion. He yan say dem don approve N2.9 billion for 662 businesses wey show say dem dey ready to grow, and dem dey encourage everybody to register their businesses officially if dem wan chop from dese funds. No be joke to dey enter the game without registration; wetin you dey wait for, na wah!
Incharge talk for di event, Temitola Adekunle-Johnson, wey be Special Adviser on Micro, Small and Medium Enterprises, come drop serious yan. E say di intervention no be just to throw money around; na to ensure say di money dey work for di businesses, dey create jobs, and dey help our economy grow like palm trees for Igbo land.
One benefactor wey don see beta side of di loan na Damilola Afolabi, wey dey manage The Ladies Empire. She come shine light for di crowd about how di loan help her grow her business and employ more paddy. “Dis loan don change di game for us, we don buy better equipment, increase our staff, and our operations don expand. ” Afolabi dey sound sweet like music, chukwu go bless her hustle!
Participants also receive updates on loan conditions and expectations for monitoring and evaluation. BOI dey serious about building a thriving ecosystem for MSMEs wey go fit dey drive national economic palava forward. With over 39 million MSMEs for Naija and dey contribute nearly 50% to GDP while dey provide over 80% of employment, na im be say that support no go ever be small thing.
With this level of commitment from government and BOI, we fit dey sure say better days dey ahead for small businesses. Make we carry our eyes dey watch as dem dey drop this money like rain!
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