Niger State To Give N1bn To SMEs

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The Niger Government has earmarked N1 billion for the Central Bank of Nigeria (CBN), Small and Medium Entrepreneurship Credit Scheme in 2018.

Gov. Abubakar Bello disclosed this while presenting the 2018 budget, tagged “Peoples Budget” to the state House of Assembly for approval on Thursday.

“This will stimulate the state’s economy through Small and Medium Scale Entrepreneurship development and create jobs.

“The state government has concluded plans to construct 50 units of SME factories at New Bussa, Suleja and Mokwa local government areas.

“In 2018, work will continue on Suleja and Mariga International Markets while the provision of infrastructure at Babanna International Market will also be carried out,’’ he said.

He explained that government would redouble its resolve to explore and harness all solid minerals and oil exploration activities to further enhance the state revenue base.

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