BOI, Benue State Float N2 Billion Business Development Fund

Hamilton Nwosa
Writer

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The MoU to formalise the collaboration and cooperation between BOI and the Benue State government was signed.

N2bn will be jointly contributed by both parties to be disbursed towards supporting MSMEs in the State

Capacity building will be organised for potential beneficiaries to ensure they have requisite knowledge to optimise use of the funds when they access it

Entrepreneurs will be brought in to inspire and motivate potential entrepreneurs to become successful

BOI recommends that at least one industrial park should be established in each of the 3 senatorial districts to help insulate MSMEs from harsh environment

AN office will be located in Benue State to make access to credit easier and to bring the Bank closer to business owners to relate with them better

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