MSME growth: Kogi govt distributes business enhancement tools to over 300 entrepreneurs | The Guardian Nigeria News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 94%

United States News News

United States United States Latest News,United States United States Headlines

In line with his commitment to improving business performance and enhancing viability, Governor Yahaya Bello of Kogi State has distributed business enhancement tools to over 300 Micro and Small Enterprises (MSMEs) operating in the state.

The empowerment, which was executed by the Kogi Enterprise Development Agency in partnership with the World Bank, was done in two batches.The Managing Director of KEDA, Hajiya Rekiya Onaiovo, said the beneficiaries were selected out of the 60,000 registrations received by the Agency, following a thorough screening in a bid to meet up with the very high evaluation conditions of partners.

She noted that ICT could facilitate connectivity and businesses could also maximise the internet space to conduct their business irrespective of their location and surrounding circumstances, warning that beneficiaries must not dispose of the tools as they had signed a contract in that regard. While clarifying that beneficiaries under the KG Cares DLI 3.3 would not receive cash, unlike the DLI 3.1, 3.2, the KEDA MD said that the agency had received the approval of the World Bank for current beneficiaries to get a scale-up grant to fund their respective businesses, owing to their performances after evaluation by the World Bank.

Governor Bello added that the ICT tools distributed to the beneficiaries must be used judiciously to improve their businesses and ultimately contribute to the economic advancement of the state and reduce poverty.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines