Bauchi Govt Promises Support on Implementation of Presidential Grants & Loans Scheme for MSMEs

The Bauchi State Ministry for Cooperatives, Small and Medium Enterprises Development has promised to support the Federal Government in the implementation of its Presidential Grants & Loans Scheme for Micro, Small, and Medium Enterprises (MSMEs) in the State.

Speaking at a 1 day stakeholder- engagement on the implementation of the program for beneficiaries in Bauchi held at Sulgad Hotel Bauchi, the Commissioner in charge of the Ministry, Sadiq Hamisu Shira emphasized that the State Government through the Ministry is committed to ensuring that the program is implemented effectively by reaching the targeted beneficiaries.



The Commissioner noted that empowering 

Micro, Small, and Medium Enterprises (MSMEs) would pave the way for a brighter, more prosperous future for all, hence the unwavering commitment of the state to providing an enabling environment that promotes the smooth and effective implementation of the initiative.


According to him, the State Government recognizes that MSMEs are the backbone of the economy as they create jobs, drive innovation, and contribute to the overall growth of the state, and reiterated the relentless efforts of the state towards fostering economic development through empowering entrepreneurs.


Sadiq Shira used the medium to enumerate some of the achievements of the administration of Governor Bala Mohammed which include creating an ecosystem where MSMEs can flourish through improving infrastructure, providing training and capacity-building programs, and fostering partnerships between the public and private sectors. 


He said other achievements are the disbursement of 75 million in each of the 20 local government areas as Kaura Empowerment, disbursement of 200 million naira micro grant to petty traders, disbursement of 500 million naira as soft loan to traders and artisans and the revival of entrepreneurial Skills and acquisition centers in the state.


The Commissioner said the rest are the establishment of CNG/LPG plant in Bauchi as part of resolve and determination in supporting MSMEs to enable SMEs to operate more efficiently and competitively and the establishment Of SME one stop shop among others.

"I want to express our sincere appreciation to the Bank of Industry, SMEDAN and other federal government agencies working for the development of SMEs. Together, we can build a sustainable framework that not only addresses the immediate needs of our businesses but also lays the foundation for long-term growth,"

In their separate remarks, the representatives of the Bank of Industry and SMEDAN, assured to support and assist MSMEs in Bauchi state to benefit maximally from the project.

Comments

Post a Comment

Popular posts from this blog

Governor Caleb Mutfwang Rejoices With His Excellency, Nyesom Wike On Birthday

Image
Plateau State Governor, His Excellency, Barr Caleb Manasseh Mutfwang, joined other well-wishers and political associates in commemorating the birthday of the former Governor of Rivers State and Honourable Minister of Federal Capital Territory (FCT), His Excellency, Barr. Nyesom Wike, CON. In a press statement released from Jos, Governor Mutfwang paid tribute to Wike as a devoted, patriotic, and iconic figure in Nigerian politics. His selfless dedication to public service, Governor Mutfwang believes, will serve as a lasting inspiration for generations in service to Nigeria. Governor Mutfwang lauded the exceptional qualities of former Governor Wike, describing him as a selfless, courageous, and benevolent philanthropist as his impact on countless lives, especially among the less privileged, resonates across the nation.  He noted that the unwavering commitment of the Minister to Nigeria's unity as demonstrated through a lifetime of selfless political service, will continue to shape th
Read more

Education Remains a Top Priority of Our Policy Thrust: Gov. Fubara

Image
The Rivers State Government says it will continue to place education as one of the top most priorities of its policy thrust. Governor Sir Siminalayi Fubara stated this during the 34th Convocation Ceremony of the University of Port Harcourt on Saturday 24th February, 2024. The Governor who spoke through his Deputy, Professor Ngozi Nma Odu, said although the University of Port Harcourt is a Federal University the State Government would continue to support and collaborate with it to place it in a path that  would be the envy of other institutions. “We shall support you because whenever we add value to this institution, you add double value to whatever we have placed before you and we shall continue to ensure that you are given a place of high distinction and excellence”, the Governor stressed. Governor Fubara disclosed that his administration was desirous to create the enabling environment to ensure Rivers State remains a preferred destination to achieve quality education in the country,
Read more

Governor Mutfwang Crowns New Ngolong Ngas, HRH Nde Jika Golit

Image
The Executive Governor of Plateau State, Barr. Caleb Manasseh Mutfwang, has performed the coronation of the New Ngolong Ngas, Nde Jika Golit. The ceremony is coming nine years after the demise of the late Ngolong Ngas, Nde Joshua Dimlong. Governor Mutfwang, who performed the presentation of staff of office and certificate to the New Ngolong Ngas at the Pankshin Township Stadium, praised the Ngas Nation for a rancor-free selection process of the new Ngolong Ngas. He warned mischief makers against needless court actions that are capable of delaying or frustrating the selection and installation of traditional rulers in the state. He also implored citizens to alway accept the will of God in all circumstances. "I congratulate the Ngolong Ngas, Nde Jika Golit, on his ascension to the throne of his ancestors. His selection by the kingmakers, through a peaceful and rancor-free atmosphere, is worthy of emulation by other ethnic groups in the state." the Governor stated. "Let me s
Read more