FG offers ₦1bn credit facilities to businesses at 9% interest rate

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Nano Enterprises,Wale Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the Federal Government is offering credi

t facilities to businesses, including manufacturers, up to ₦1 billion at a 9% interest rate. Speaking on Channels Television’s Sunday Politics programme, Edun explained that the current administration recognises the challenges entrepreneurs face in accessing…

“The emphasis is on ramping up food production, dealing with food nutrition, and addressing food insecurity,” Edun said. He assured Nigerians that food prices would decrease in the coming months, acknowledging that food insecurity is a global issue, noting that the federal government has dedicated special funding for infrastructure to boost agricultural output.“However, inflation is coming down month-on-month. It is expected to reduce as we continue the dry season harvest and move into the wet season harvest.

Daredevil terrorists have killed the Administrative Secretary of Malumfashi Local Government Area in Katsina State, Ibrahim Aliyu. The incident, which occurred on Sunday at 8.15 pm, happened after the terrorists surrounded a mosque where the deceased and other Muslim faithful were praying. A source from the area said the terrorists had earlier gone to the…

 

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