Subsidy Removal: Intl. Investor Ready To Assist SMes.
By Olusegun HOSEA.
In furdrance to the subsidy removal in the country which has brought about hardship to Nigerians particularly,those that are into small and medium enterprise, an international Investor has concluded an arrangement in conjunction with the Small and Medium Development Agency of Nigeria -SMEDAN to rendered a financial assistance to support their businesses .
According to the state Manager of the SMEDAN, he said the purpose of this initiative was to cushion the effect of the fuel subsidy removal on the business owner .He said interested enterprise are advised to visit the state office of SMEDAN that is near them for more information: Details
An international investor into SME funding is interested in supporting Nano & Micro enterprises that the fuel subsidy removal has affected negatively in Nigeria.
They are working with Bspace Technology to create access to between N1M and N5M grant.
Any interested enterprise must, in the first instance, be in operations for not less than two years as at 2023.
Enterprises with business names can also apply.
The total number expected from each State is 70. The details required, which should be sent to SMEDAN State Manager , in the Industrial Park,
before Wednesday 6th September 2023 are as below:
1. Full names of owner.
3. Name of enterprise:
4. Business Sector/Line of enterprise:
5. CAC registration
6. Business address. (Not P O Box)
7. Means of identification (NIN, Voter’s card, drivers license, Intl passport)
8. Phone number.
9. Email Address: