NESH Foundation canvasses for N1trn Industry Equity Fund for SMEs

Wed, Feb 16, 2022
By editor
1 MIN READ

Business

By Anthony Isibor

THE Nigeria and Entrepreneurship Summit & Honors, NESH, Foundation has continued its advocacy for the setting up a N1trillion  Nigeria SME Industry Equity Fund for the small and medium scale enterprise, SMEs, by the federal government.

The fund, according to NESH will be managed by the Nigerian Sovereign Investment Authority, NSIA.

In pursuance of this objective, NESH officials paid a visit to the Senate President Ahmad Ibrahim Lawan in his office at the National Assembly on Wednesday in Abuja.

During the visit, Emeka Ugwu-Oju, founder of NESH Foundation, presented the communique issued at the end of the 5th NESH-NXT Annual Conference for Young Nigerian Entrepreneurs, which endorsed the proposed Fund to Lawan.

Also in attendance was Senator Enyinnaya Abaribe, Senate minority leader and founder, Made in Aba Trade Fair, Abuja.

Feb. 16 2022 @ 19:26 GMT |

Tags:


Fire razes MTN booster station in Ibadan

FIRE razed down a booster station belonging to telecommunications giants MTN, beside the Faculty of Nursing at University of Ibadan,...

Read More
Nigeria to witness first lunar crescent Feb. 28 -NASRDA

THE National Space Research and Development Agency (NASRDA), said that Nigeria would likely witness its first astronomical lunar crescent on...

Read More
Nigeria exists grey list of FATF after 5th AML/CFT progress report  

IN Paris France today, the Financial Action Task Force, (FATF) approved Nigeria’s fifth progress report since the country was included...

Read More