1000 MSMEs in Lagos East gets Senator Abiru support

1000 MSMEs in Lagos East gets Senator Abiru support

Senator Tokunbo Abiru is indeed writing his name on gold, as he continues to support his constituency. He announces N100million constituency intervention revolving loan for MSMEs.

The federal lawmaker said that 1,000 MSMEs in the constituency would benefit from N100 million intervention funds as well as asset finance for equipment acquisition at a highly subsidized interest rate.

Abiru, an accomplished banker said the training was to enhance the capacity of micro, medium and small business owners in the Senatorial district, adding that lack of capacity had been identified as one of the major reasons MSMEs fail.

1000 MSMEs in Lagos East

He added that the empowerment program was necessary to further equip businesses with the prerequisite business information, and connect them with certified and approved government/private sector consultants at no cost to help them, addressing specific challenges in their businesses like tax and regulatory issues.

The distinguished senator is doing his very best to ensure entrepreneurs aren’t left out, as they can be a very large source of growth to the economy. Senator Tokunbo and his TACT team are doing a very commendable job. This event happened at the Funplex event center on the 8th of November, 2021.

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