Ogun State Government has charged owners of Micro, Small and Medium Enterprises (MSMEs) to take advantage of the government/Bank of Industries Matching Fund Scheme and other credit interventions ,to boost their operations in the state.
The State Commissioner for Industry, Trade and Investment, Mrs. Kikelomo Longe who gave the charge while speaking with newsmen in her office, Oke-mosan, Abeokuta , said that the Fund Scheme would allow them to access loans at seven percent interest rate to grow their businesses.
The MSMEs Credit Scheme according to Longe, is meant for agro-allied businesses involved in manufacturing and processing sector.
She asked them to apply for the credit facilities, saying" the application is still on.
The Commissioner added that government had subsidised the Fund at seven percent interest rate, to encourage eligible MSMEs benefit, calling on them to visit the Fund Scheme’s Desk Office at Room 328, Ministry of Industry, Trade and Investment, Block B, State Secretariat, Oke-Mosan, Abeokuta for more enquiries.
Longe added that MSMEs in the State should also avail themselves the opportunity of benefitting from the Federal Government’s MSMEs Survival Fund by applying through www.survivalfund.gov.ng.
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