Mr Zulum said the scheme was being implemented in collaboration between the state government and the Bank of Industry (BoI).
Mr Enoh’s appointment follows a cabinet reshuffle by President Bola Tinubu on October 23.
SMEDAN says it will partner the German International Agency and Mastercard to boost micro, small and medium enterprises development.
The Bank of Industry (BOI) said its profit before tax increased from N70.7 billion to N153.81 billion, the highest in its history.
The federal government said the debts were revealed in data aggregated from over 5,000 debtors across more than 93 MDAs.
He said that BOI had a good capital base, which gave opportunity to any registered businesses to have access to loan facilities in the bank.
The expert said people’s businesses along the coastal area were being destroyed due to the problem of high tides.
“Out of the ranking of 511 institutions which you saw where some did well, and some did not do well. We want MDAs to do well.”
“People need the right environment, and that is what our role is, to ensure that we understand that it is to facilitate and make it easier, not to become a stumbling block…”
Nigeria is the most attractive destination for investment in Africa, say the First Bank of Nigeria and the Bank of Industry.
