The Central Bank of Nigeria (CBN)
said that N132 billion out of the N220 billion Micro, Small and Medium
Enterprises Development Fund (MSMEDF) had been earmarked for women.
The CBN Branch Controller in Bauchi
State, Malam Musa Muhammad, said this in Bauchi on Thursday during a
sensitisation workshop for state governments, financial institutions and
the organised private sector on MSMED Fund.
Muhammad explained that the amount, which represented 60 percent of the total fund, was earmarked for women considering the peculiar challenges women were facing in accessing financial services.
Muhammad explained that the amount, which represented 60 percent of the total fund, was earmarked for women considering the peculiar challenges women were facing in accessing financial services.
