GOVERNOR MUTFWANG SIGNS N4BN MoU WITH BANK OF INDUSTRY TO BOOST MSMEs AND STRENGTHEN LIVELIHOODS IN PLATEAU
In a strategic move to lift citizens out of poverty and stimulate economic growth, the Governor of Plateau State, His Excellency, Barr. Caleb Manasseh Mutfwang, has signed a Memorandum of Understanding (MoU) with the Bank of Industry (BOI) to establish a ₦4 billion matching fund, aimed at strengthening Micro, Small and Medium Enterprises (MSMEs) across the state. The agreement, signed at the Old Government House, Rayfield in Jos, provides for a joint contribution of ₦2 billion each by the Plateau State Government and BOI. The fund is designed to provide affordable financing to small businesses and stimulate economic activities across the 17 Local Government Areas of the state. Signing on behalf of the state government, Governor Mutfwang described the initiative as a targeted intervention to expand livelihood opportunities, promote enterprise development, and reduce poverty, particularly among women and youths. “This is a significant milestone in our efforts to b...