Over 5,350 Cross River MSMEs Empowered As MEDA, Owan Enoh Rally Support for Tinubu’s Re-election.
The Director-General of the Cross River State Micro Enterprise Development Agency (MEDA), Mr.
Great Ogban, disclosed this during the Manufacturing and MSME Town Hall Meeting held on Sunday at the Dome, Calabar Municipality Garden, Calabar.
Ogban explained that the interventions were deliberately structured to reach businesses across the state’s three senatorial districts to stimulate grassroots economic growth.
“More than 5,350 Cross Riverians have benefited from various enterprise-development and empowerment interventions under the current administration,” Ogban said. “SMEDAN has trained 2,500 participants across the state’s three senatorial districts, while another 2,000 persons have benefited from a separate intervention, with 500 of them accessing grants of N500,000 each.” Evaluating the impact of the financial assistance, the MEDA Chief Executive noted that beneficiaries were making judicious use of the support to scale up operations. “The outcome of the grant programme is encouraging, as beneficiaries are actively applying the skills and financial support received to expand their businesses,” he added. Ogban further highlighted that local businesses have accessed low-interest financial facilities and critical administrative reliefs aimed at easing the cost of doing business in the state.
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