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Nairaland Forum / Nairaland / General / Politics / Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups (14060 Views)
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Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by agwom(m): 7:17am On Apr 09, 2020 |
As part of its efforts to reduce the financial burden on 11,000 Micro, Small and Medium Enterprises (MSMEs) and technology start-ups in the state, which accessed its loans, the Lagos State Employment Trust Fund (LSETF) has placed a moratorium on repayment of the loans by the beneficiary enterprises. The Acting Executive Secretary of the Fund, Teju Abisoye, who disclosed this in Lagos, described the moratorium as part of the relief measures by the state government to assist SMEs amidst the shutdown occasioned by the COVID-19 pandemic. Specifically, the LSETF boss noted that the pandemic had adversely affected trade and other business activities globally; resulting in SMEs and larger corporations seeking suspension of their loans repayment. Abisoye explained that the gesture will help keep the struggling SMEs in business and serve as a spark of optimism in anticipation of a quick return to normalcy and business continuity.https://www.dailytrust.com.ng/lagos-suspends-loan-repayment-for-msmes-tech-start-ups.html 12 Likes 1 Share
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Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by Smithkafors(m): 7:20am On Apr 09, 2020 |
Lagos State government,where is the 10billion naira given to your people.10 billion is a whole lot of money! 9 Likes |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by Babatunde40(m): 7:25am On Apr 09, 2020 |
Don't be surprised that now, the connected politicians will take this MSME and tech loans and back date it so that they can benefit from zero interest rate 5 Likes |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by ILoveDemMANNA: 7:26am On Apr 09, 2020 |
Nice one LASG. State of first first first. I will see the end of this virus. We will defeat Corona together as a nation. 25 Likes 5 Shares |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by ILoveDemMANNA: 7:26am On Apr 09, 2020 |
Smithkafors:Better don't let wailing kill you before your time. Una no dey ever see anything positive for once in your frustrated lives? Na swear or na curse? 37 Likes 5 Shares |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by ignis: 7:26am On Apr 09, 2020 |
This is a proactive government that understands the plight of the people unlike Buhari and his Federal government team. You can't expect people to pay back load admist lockdown. 2 Likes |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by YummySuits(f): 7:26am On Apr 09, 2020 |
Nice 3 Likes |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by fleps(m): 7:27am On Apr 09, 2020 |
Nice o 3 Likes |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by Nobody: 7:27am On Apr 09, 2020 |
Smithkafors: you wan share |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by NaijaStudios: 7:27am On Apr 09, 2020 |
Ooin |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by oluseyiforjesus(m): 7:28am On Apr 09, 2020 |
Hw pple attend church online service 3 Likes
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Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by vasco01(m): 7:29am On Apr 09, 2020 |
agwom: I hope say no be audio money |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by Ayoswit(f): 7:29am On Apr 09, 2020 |
This is commendable 4 Likes |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by Roon9(m): 7:29am On Apr 09, 2020 |
Nice one |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by wonuks(m): 7:29am On Apr 09, 2020 |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by OkoAmarashy: 7:31am On Apr 09, 2020 |
Smithkafors: Lagos State gave 25 Billion to startups and businesses. 10 Billion may be a whole lot in your state, but it is not up to what Mushin Local Government generates in 3 months. 17 Likes 2 Shares |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by espn(m): 7:32am On Apr 09, 2020 |
Who dem give loan before |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by AngelicBeing: 7:33am On Apr 09, 2020 |
Smithkafors:Sanwolu don swallow the osusu |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by OkoAmarashy: 7:33am On Apr 09, 2020 |
AngelicBeing: They must have used it to buy toilet paper for the patients in the hospitals. Sanwo-Olu is not like Ikpeazu that has eaten you future and you guys are economic refugees. 4 Likes |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by kantap: 7:33am On Apr 09, 2020 |
Y |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by sylve11: 7:33am On Apr 09, 2020 |
Re: Lagos Suspends Loan Repayment For MSMEs, Tech Start-Ups by wilemer: 7:34am On Apr 09, 2020 |
agwom1: thats the minimum you can do |
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