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OFFICE OF THE VICE PRESIDENT
PRESS RELEASE

FG APPROVES $20M TECH FUND FOR YOUNG INNOVATORS

*N90B soft loan facility to be provided for small scale agric enterprises

#Thread
In furtherance of the Buhari administration's drive to support Micro, Small and Medium Enterprises (MSMEs), @BOINigeria has approved a $20m technology fund for young innovators, while @cenbank is offering a N90 Billion soft loan facility for small scale agriculture enterprises.
These were some of the outcomes of a meeting at the Presidential Villa, Abuja, which was presided over by Vice President @ProfOsinbajo on Tuesday, to review progress on the @MBuhari administration's efforts to support MSMEs.
It will be recalled that the National MSMEs clinics driven by the Vice President has now reached 26 States, with more Clinics to come in the series.
Also, the National Agency for Food and Drug Administration and Control @NafdacAgency is now poised more than ever to register more Nigerians venturing into the food and drug businesses.
All @NigeriaGov agencies playing one role or the other in the MSMEs sector attended the meeting.

More details to follow. //
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