Abia State Government To Disburst Credit Facilities/loan To GEEP Beneficiaries - Business - Nairaland
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Abia State Government To Disburst Credit Facilities/loan To GEEP Beneficiaries by Sylverly(m): 10:07am On Oct 20, 2017 |
ONE OF GOVERNOR OKEZIE IKPEAZU'S APPROACH TO MAKING ABIA AN INDUSTRIAL BASE OF THE NATION
In tandem with Governor Okezie Ikpeazu (PhD) mantra on masses empowerment and creation of enabling business environment for all to succeed, the Abia state government has launched the Government Enterprise Empowerment Program (GEEP), which remains a veritable socio-economic blueprint supportive of the business activities of the micro and medium scale enterprises among others.
Hence, in a meeting slated to hold tomorrow at the International Conference Center (ICC) Umuahia, there will be the issuance of certificates and the disbursement of credit facilities/loans to the numerous registered beneficiaries while such loans remains interest free.
Essentially, such line towed by the state government will indeed, have short, intermediate and long term benefits. For instance, the micro and medium scale enterprises will be availed the needed enablement, support and leverage to crave for expansion, thus further enhancing the already burgeoning economic progress and dexterity of the state. Yet, much more entrepreneurs who ordinarily could not commence any business of note due to lack of finance may have struck gold from this blueprint.
In the same paraphernalia, there will be an official opening of Abia State Investment Building. This, for the avoidance of doubt, remains a one-stop-shop for all kinds of investment. In other words, just like Lagos and Abuja have the headquarters of all business consortium operational in their milieu with its attendant monetary and other related benefits, so also has Abia State government through the eagle eye of the Governor Okezie Ikpeazu phD decided to replicate such in the state. Hence, organizations like Cooperate Affairs Commission CAC, Standard Organization Of Nigeria SON, Nigeria Import Export Bank, NAFDAC and consortiums of similar purpose will now be operating in the state.
Worthy to note is that the exercise remains a social intervention program of the federal Government through the Bank of Industry BOI, which Abia remains one of the foremost Southeastern States to queue into it.
Therefore, potential beneficiaries shall apply through cooperative societies or registered market, youth or women associations to become eligible.
Above all, the government of Abia State advises all Abia citizens to key into this rare moment so as to maximize available opportunities it so present. |