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By James Emejo and Folalumi Alaran The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, has called for accessible financing for the Micro, Small and Medium Enterprises (MSMEs) at single-digit interest rate. The minister specifically tasked the financial sector to continue to support the federal government’s initiatives to boost affordable financing to small businesses by granting cheap credit to the MSMEs sector at single digit. She made the call in her remarks at the virtual Ecobank MSME and Financial Inclusion Summit themed: “Unlocking Credit Growth in a Changing MSME Lending Landscape”. Katagum, said as partners in progress, “I charge Ecobank Plc and the financial sector as a whole, to continue to provide the much-needed support for federal government initiatives by facilitating and granting accessible financing for the MSME sub-sector, at single digit. I repeat at single digit.”

Folalumi alaranMariam katagumOluwakemi ogunmakinwaJames emejoNational enterprise development programmeEcobank plcSurvival fundMedium enterprises development agency of nigeriaMedium enterprises msmesMedium enterprisesFinancial inclusion summitAfrica continental free trade area agreementEconomic recoveryGrowth planNigeria economic sustainability planNational policy