NACCIMA to promote trade, investment with N1.5bn centre

The Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture has commenced the construction of a N1.5bn centre that will help it to facilitate trade, investment and promotion of the Micro, Small and Medium Enterprise sector of the economy.

The centre, which is expected to be completed in three years’ time, will serve as a platform for the MSMEs to boost their business and enjoy corporate interventions by the government.

The National President, NACCIMA, Dr. Bassey Edem, stated this in Abuja during the unveiling of the roll of honour for members who supported in the foundation stage of the building.

He said that while the association served as a link between the government and the private sector, it had become difficult for enterprises to access the needed funds for business expansion.

Edem stated, “When we began the role of intermediary between the government and the MSMEs, what the government told us was that we were not a bank, they gave us the option of either to float a bank or mediate for the sector through government agencies like the Small and Medium Enterprises Development Agency.

“We did and we recorded change in the policy of SMEDAN. We placed emphasis on the need to reduce collateral; we sit on the board of these MSMEs and educate them on how to make beneficial use of any credit given them.”

Comments

Court Convicts Son, Mother, Girlfriend for $902,935 Internet Fraud in Asaba

Justice F. A. Olubanjo of the Federal High Court sitting in Asaba, Delta State on Thursday, July 22 convicted and sentenced Gift Kenneth, Dora Animam and Spice Chimzi Dandy Igwe to prison for internet-related fraud. Kenneth, his biological mother, Animam and girlfriend, Igwe were arraigned on one count charge each by the Benin Zonal Office of the Economic and Financial Crimes Commission for offences bordering on impersonation and obtaining by false pretences. They were said to have conspired to defraud an American lady, Lucinda Ann Garnes Henrichson of an aggregate sum of $902,935 The charge against Gift Kenneth reads: "that you Gift Kenneth (a.k.a Raymond Carl Eric ) on or about the year 2018 and 2019 at Agbor within the jurisdiction of this Honourable Court did fraudulently impersonate the identity of one Raymond Carl Eric by which you propose an Infrastructural Investment Project to one Lucinda Ann Garnes Henrichson living in Texas, United States of America and thereby indu

Eden Hazard: 'I would consider Real Madrid offer'

Chelsea forward Eden Hazard has admitted that he would have to listen if Real Madrid were to come forward with a bid for him. The Belgium international was a key figure as the Blues won the Premier League title in 2016-17, scoring 16 goals in 36 games. Hazard, who has regularly been linked with a move to the Bernabeu, was asked by Sky Sports News about his thoughts on a potential move to Los Blancos. He replied: "Of course, I would consider it if Madrid made an offer. I am keen to win trophies. It would be great to win the Champions League. But Chelsea's goal is to win the Champions League as well. Honestly, I do not know what will happen. "I only know that I still have a contract with Chelsea for three seasons and that we just had an amazing 2016-17 campaign. We want to continue on this path and want to build on this in the Champions League. "I am feeling very well at Chelsea. But you never know what will happen. I have not met with the board yet to discuss a new

Shocking video shows angry father beating teenage daughter in Ebonyi State after he caught her having sex with lover

Disturbing video emerged on social media which shows an angry father beating his daughter, a high school student after he caught her having sex with a man in their home. He even gave people around permission to film the scene. The incident reportedly happened yesterday, July 28 in Uburu, Ohaozara, Ebonyi state. I'm sharing the photos because you can't tell who they are from looking at the photos. See them after the cut...

Bini Times

Search This Blog