₦1bn Loan Available For Businesses At 9% Interest Rate — Wale Edun

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₦1bn Loan Available For Businesses At 9% Interest Rate — Wale Edun
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He said small-scale entrepreneurs can get up to ₦1m in credit facility while larger businesses can access up to ₦1bn at 9% interest rate.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the Federal Government is offering businesses including manufacturers in the country credit facilities up to ₦1bn at a 9% interest rate.

He said small-scale entrepreneurs can get up to ₦1m in credit facility while larger businesses can access up to ₦1bn at 9% interest rate, which is cheaper than the current interest rate ofEdun said, “The emphasis is on ramping up food production, the emphasis is on dealing with food nutrition and food insecurity.

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