According to the managing director, the loan is repayable over three years.
The deputy governor said the state government also injected N14.6 billion into water projects.
Abdulrashid Yerima, President of NASME, made the call during a panel discussion at the ongoing 2025 MSME Forum on Tuesday in Abuja.
The partnership gives Fidelity access to offer friendly interest rate loans to MSMEs referred by SMEDAN, supporting finance, training, and market access for entrepreneurs.
The CBN controller said such a partnership was also imperative to ensure the effective implementation of the Agricultural Credit Guarantee Scheme.
Mr Adelekan emphasised that a strong repayment history would enhance access to higher levels of funding that would enable the expansion of small businesses
Mr Tinubu unveiled plans to provide a N75 billion credit facility between July 2023 and March 2024 to 75 enterprises to strengthen the manufacturing sector.
