‘Fed Govt offers ₦1b business loan at 9% interest rate’

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 69%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

The Nation Newspaper ‘Fed Govt offers ₦1b business loan at 9% interest rate’

The Federal Government is offering loan facilities up to N1 billion at a nine per cent interest rate to businesses, including manufacturers, the Minister of Finance and Coordinating Minister of the Economy,

He said small-scale entrepreneurs could access up to N1million in credit facility and larger enterprises up to N1billion. The minister also said the focus was on addressing food insecurity and nutrition, as well as increasing food production.That is being rolled out and it’s being done in a manner which, as I said before, is a world-class standard where you identify biometrically the person that is the beneficiary and you pay them through a digital process which you can easily reconcile.

The minister also assured that food prices would fall in the coming months, stating that the government has allocated special funding for infrastructure to boost agricultural output.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 6. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Fed Govt urges youths to tap into investment fundThe Nation Newspaper Fed Govt urges youths to tap into investment fund
مصدر: TheNationNews - 🏆 6. / 69 اقرأ أكثر »