Home West African News Nigeria News GEEP: Bank of Industry Disburses N21m Loan to 438 Beneficiaries in Bauchi...

GEEP: Bank of Industry Disburses N21m Loan to 438 Beneficiaries in Bauchi State

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Market Moni from Government Enterprise and Empowerment Program (GEEP)The Federal Government through the Bank of Industry (BoI) under the Government Enterprise and Empowerment Program (GEEP) has disbursed fresh N21million loan to 438 traders in Bauchi State, the SA to Governor on NGOs and SIPs told newsmen on August 6 after a meeting with officials of benefitting associations.

The implementation of the programme which is also known as MarketMoni or Kudin Kasuwa is in accordance with the provisions of 2017-2020 economic recovery and growth plan (ERGP) of the President Muhammadu Buhari administration which seeks to sustain economic growth and stabilize domestic production through increased funding to SMEs.

” Bauchi state remains determined to optimally utilize the allocation of 39,000 beneficiaries granted to it by the Bank of Industry, the BSSIPO is working closely with interested commercial banks, market aggregators and super agents to facilitate the BVN enrollment, registration and on-boarding of interested persons.”

“We thank His Excellency Governor Mohammed Abubakar for his continued support to the implementation of the programme. (BASG)


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