Vice President Kashim Shettima unveiled ambitious plans during the launch of the Expanded National MSME Clinic in Makurdi, Benue State, marking the inauguration of a nationwide initiative focused on supporting micro, small, and medium enterprises (MSMEs).
The event, held at Ibrahim Badamosi Babangida (IBB) Square, witnessed VP Shettima’s announcement of the federal government’s commitment to nurturing a thriving MSME ecosystem. Highlighting the significance of MSMEs in job creation and economic development, Shettima assured entrepreneurs of unwavering support.
The clinic, part of President Bola Tinubu’s administration initiatives, aims to break barriers hindering MSMEs by providing essential resources. Benue State leads the clinic’s kickoff, with plans for subsequent visits to Ebonyi, Ogun, Delta, Kaduna, Borno, Katsina States, and the Federal Capital Territory in the first half of 2024. The initiative will culminate in the National MSME Awards coinciding with World MSME Day on June 27 in Abuja.
VP Shettima highlighted the federal government’s commitment, mentioning the N75 billion 9% single-digit loan from the Bank of Industry (BOI) and Access Bank’s discounted N50 billion fund as crucial financial support for entrepreneurs. He assured that President Tinubu is resolute in resolving MSME challenges.
