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‘we Want Fg’s Financial Assistance’ by bmwestafrica: 12:38pm On Nov 25, 2019
Small and Medium-Sized Enterprises (SMEs) have called on the Federal Government for financial assistance and infrastructure to enable them acquire machinery and source materials that will aid production.

The SMEs in separate interviews with newsmen at the ongoing Megacity Fair in Lagos on Sunday lamented that paucity of funds had affected the growth of their businesses.

They, however, urged government to assist entrepreneurs with soft loans or grants to buy materials for products and machines to produce in large quantities, which had been major challenges facing their businesses.

The entrepreneurs said this had become imperative because the availability of loans at commercial banks was no longer a major limiting factor but the bank interest rates were beyond them.

Read more : https://businessandmaritimewestafrica.com/we-want-fgs-financial-assistance/

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