Vice-president, Osibanjo Commends Enugu As One Of The Best State For MSME
The Vice-President of Nigeria, Osibanjo has commended Enugu state as one of the best state for the federal government’s Micro, Small and Medium Enterprises (MSME) programme. This scheme was been formulated by the President of Nigeria to help the petty traders have access to loans at a non-interest and uncollateralized form, in other to improve their state of well being.
The federal government initiated this scheme called MarketMoni in collaboration with the Bank of Industry (BOI) and TraderMoni. This scheme has been utilized by so many petty traders in Enugu which is highly commendable.
As over 4,577 traders in Enugu State have so far benefited from the MarketMoni scheme, while 23,834 traders have equally benefited from the TraderMoni and they intend to do more.