In a significant development, Vice President Kashim Shettima’s Tuesday announcement marks a pivotal stride towards fulfilling the commitment made six months ago.

Assuring Nigerian small business owners under the Tinubu-led administration, Shettima reiterated the government’s dedication to expediting access to single-digit loans in the most efficient manner.

The assurance, initially conveyed on June 27, 2023, during the World Micro Small and Medium Enterprises Day, emphasized the administration’s recognition of the crucial role played by Micro, Small, and Medium Enterprises (MSMEs) in propelling economic growth, job creation, and fostering innovation.

Vice President Shettima underscored the government’s proactive stance, vowing to provide support, cultivate an enabling environment, and enhance financial access for MSMEs.

Urging collaboration among stakeholders, he emphasized the collective responsibility to champion the growth and success of MSMEs for sustainable development, acknowledging challenges arising from subsidy removal.

Reaffirming the commitment made half a year ago, Tuesday’s announcement reiterates the administration’s urgency in ensuring swift access to single-digit loans, aligning with the overarching goal of fostering a thriving environment for Nigerian small businesses.