Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,773 members, 7,817,156 topics. Date: Saturday, 04 May 2024 at 07:16 AM

Atiku To Revamp 24m Businesses Crippled By Buhari - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Atiku To Revamp 24m Businesses Crippled By Buhari (187 Views)

Abuja In A Sorry State. What Wike Must Do To Revamp Nigerian Capital / Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable / Sunday Akin Dare Begins Tour, Vows To Revamp MKO Abiola Stadium (Photos) (2) (3) (4)

(1) (Reply)

Atiku To Revamp 24m Businesses Crippled By Buhari by 17Ebiscoo: 8:52am On Jan 14, 2019
Atiku Abubakar, the presidential candidate of Peoples Democratic Party (PDP), has perfected templates with which to revamp about 24 million businesses, allegedly crippled by the President Muhammadu Buhari administration.

The former vice president said he will put millions of Nigerians, who have lost their jobs under the Buhari administration back to work.

The Peoples Democratic Party Presidential Campaign Organisation (PPCO), which stated this on Sunday, added that the templates would ensure massive job creation and business opportunities for Nigerians immediately Atiku was elected into office as President.

PPCO, in a statement by Kola Ologbondiyan, its Director, Media and Publicity, said the templates were predicated on Atiku’s staunch confidence in Nigerians as hard working people, with immense potentials to thrive in all fields of endeavor, given the right opportunity and conducive business environment.

It continued: “Part of the initiative, as already laid out in Atiku Abubakar’s economy recovery plan is to facilitate the establishment of a Small and Medium Enterprises (SMEs) Venture Capital Fund, which in collaboration with the private sector, will provide longer-term capital for targeted small firms across the states of the federation in various sectors of our economy.

“This initiative by Atiku Abubakar will attract a minimum of N90 billion ($250 million) of direct private sector funding for Nigerians in small and medium businesses with strategic windows for increased production and grin various sectors of the economy.

“This is in addition to a Financial Innovation Fund, with which Atiku Abubakar targets to incenticise commercial, micro-finance banks and other financial institutions for innovative solutions for credit to hard working Nigerians in small and medium businesses across our country.

“To ensure a seamless system, the plan articulates the establishment of a platform for de-risking SME lending and increasing the SMEs funding window from N200 billion to N500 billion, as well as simplify the collateral registration process to unlock much needed finance for SMEs.

“This is in addition to the plan to reform and re-introduce the Small-scale Industries and Graduate Loan Guarantee, as well as the Small-Scale Industrial Credit Scheme among others to reduce stress on beneficiary businesses to thrive.

“This critical focus on the SMEs, where a greater population of Nigerians engage in various sectors, captures Atiku Abubakar’s plan to ensure rapid stimulation of the economy at the base, as well as accelerate the growth of the real sector of the economy to open up self and wage-paying job opportunities.”

http://mcebiscoo.com/2019/01/14/atiku-revamp-24m-businesses-crippled-buhari/

Re: Atiku To Revamp 24m Businesses Crippled By Buhari by NaijaRoyalty(m): 8:55am On Jan 14, 2019
I believe you Sir

Nigerians are solidly behind you sir

Nigerians would have cause to smile under your leadership , I know .

(1) (Reply)

EFCC Arraigns Doyin Okupe Over N702m Fraud / Social Investment Under Buhari's Administration!!! / Nigeria Earned $640.35m From Oil, Gas In October

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 11
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.