Tag: SMALL BUSINESSES

FG to disburse interest-free loans to small businesses, farmers nationwide

Aminu Imam
FG to disburse

The Federal Government will soon commence disbursement of interest-free loans to smallholder farmers and businesses across the country before the end of 2025. The National Programme Manager of the Government Enterprise and Empowerment Programme, (GEEP), Hamza Ibrahim Baba, made this known on Friday in Kaduna during an engagement with representatives of the traders’ associations and other stakeholders in the state’s informal business sector. He said the loans, up to N100,000 per beneficiary, were part of the FarmerMoni scheme under GEEP, aimed at supporting small-scale farmers involved in poultry, aquaculture, livestock…

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Subsidy grounds small business owners’ operations

Abdul-Azeez Ahmed Kadir

Some small-scale business owners in the Federal Capital Territory (FCT), on Wednesday decried the low patronage of their businesses, saying the situation became pronounced since the removal of fuel subsidy by the Federal Government. May 29, President Bola Tinubu, at his inauguration speech, said that the Federal Government had removed the subsidy on fuel. Due to the removal, all facets of the economy witnessed a hike in prices of goods and services in the country. Mr Abdul Mohammed, a vulcaniser at Area 10, Garki, said since the removal of the…

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