ANSG, SMEDAN Sign N1b Agreement to Fund SMEs in Anambra State
Anambra State Government and Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) on Friday the 3rd of November, in Awka, signed a one billion naira (N1b) agreement to fund Small and Medium sized Enterprises in Anambra State.
The State Commissioner for Information, Sir Paul Nwosu, who disclosed this in a release, pointed out that under the agreement terms, Anambra State Government will provide five hundred million naira (N500,000,000) and SMEDAN will match it with another five hundred million naira (N500,000,000).
According to the Commissioner, the he N1bn funding agreement was signed by Charles Odhii, Director General of Small and Medium Enterprises Development Agency and Christian C. Udechukwu, Commissioner for Industry, Anambra State with Mark Okoye, Chief Executive Officer of Anambra State Investment Promotion and Protection Agency (ANSIPPA) as witness for both partners.
Commissioner Nwosu further hinted that ANSG and SMEDAN funding partnership will be integrated into Governor Chukwuma Charles Soludo’s agenda for targeted sustainable economic support for small and medium enterprises industrial growth in Anambra State.
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