The Katsina State government has released the first batch of beneficiaries for the Bank of Industry (BOI) managed loan initiative. A total of 88 business owners and operators have been selected to benefit from this program, which is part of Governor Dikko Umar Radda’s commitment to empowering businesses and creating jobs.
According to Hajia Aisha Aminu Malumfashi, Director General of the Katsina Enterprise Development Agency (KASEDA), the selected businesses are required to visit the Bank of Industry office in Katsina to collect their loan offer documents and finalize the disbursement process. This move is expected to create a thriving environment for businesses to grow and succeed, contributing to the overall economic development of the state.
Governor Radda’s administration has been focused on creating an enabling environment for businesses to flourish. Through KASEDA, the government has been implementing various initiatives to support economic sustainability and job creation in the state. The BOI loan initiative is a key component of this strategy, aimed at providing financial support to businesses and entrepreneurs.
The Katsina State Enterprises Development Agency (KATSEDA) has urged beneficiaries to complete the necessary procedures with the Bank of Industry promptly. Beneficiaries can contact KASEDA through their official communication channels or visit their office for further clarification.
The release of the first batch of beneficiaries marks a significant milestone in the implementation of the BOI loan initiative. The government is committed to ensuring that the program is successfully executed, with a positive impact on the state’s economic growth and development.
As the program progresses, it is expected that more businesses will benefit from the initiative, leading to increased economic activity and job creation in Katsina State.