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{"id":41162,"date":"2012-04-16T03:48:35","date_gmt":"2012-04-16T07:48:35","guid":{"rendered":"http:\/\/www.thetidenewsonline.com\/?p=41162"},"modified":"2012-04-16T03:48:35","modified_gmt":"2012-04-16T07:48:35","slug":"lasg-partners-boi-on-smes-funding","status":"publish","type":"post","link":"https:\/\/www.thetidenewsonline.com\/2012\/04\/16\/lasg-partners-boi-on-smes-funding\/","title":{"rendered":"LASG Partners BOI On SMEs Funding"},"content":{"rendered":"The Lagos State Government said it had concluded arrangements with the Bank of Industry (BOI) to provide funds to develop small and medium-scale enterprises.<\/p>\n
The Commissioner for Commerce and Industry, Mrs Olusola Oworu, disclosed this at a meeting with the management of the bank in Lagos.<\/p>\n
She said that the funding became necessary to address one of the major factors militating against the growth of small and medium enterprises in the state.<\/p>\n
The commissioner said that the state government was keen on the development of these enterprises.<\/p>\n
Oworu said that the state government would try to solve the problems of funding and infrastructure in the various SMEs zones and industrial estates in the state.<\/p>\n
She appealed to Mrs Evelyn Oputu, the bank\u2019s Managing Director, to shift focus from the provision of plant and equipment to infrastructure development.<\/p>\n
The commissioner said that the state government\u2019s partnership with the bank would boost SMEs and create favourable business environment.<\/p>\n
Oputu commended the state government\u2019s foresight in promoting the SMEs, assuring the commissioner that the bank would support the state government in empowering women and infrastructure development.<\/p>\n
\u201cThe bank is ready to work with the state government to identify and solve most of the challenges militating against the growth of SMEs in the state,\u201d Oputu said.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Lagos State Government said it had concluded arrangements with the Bank of Industry (BOI) to provide funds to develop small and medium-scale enterprises. The Commissioner for Commerce and Industry, Mrs Olusola Oworu, disclosed this at a meeting with the management of the bank in Lagos. She said that the funding became necessary to address […]<\/p>\n","protected":false},"author":43,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[],"yoast_head":"\n
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