ANSG, SMEDAN Sign N1b Agreement To Fund SMEs In Anambra State

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Anambra State Government and Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) signed a one-billion-naira (N1b) agreement to fund Small and Medium sized Enterprises in Anambra State.

Under the agreement terms, Anambra State Government will provide five hundred million naira (N500,000,000) and SMEDAN will match it with another five hundred million naira (N500,000,000).

The N1bn funding agreement was signed by Charles Odhii, Director General of Small and Medium Enterprises Development Agency and Hon Christian Udechukwu, Commissioner for Industry, Anambra State with Mark Okoye, Chief Executive Officer of Anambra State Investment Promotion and Protection Agency (ANSIPPA) as witness for both partners.

ANSG and SMEDAN funding partnership will be integrated into Governor Chukwuma Soludo’s agenda for targeted sustainable economic support for small and medium enterprises industrial growth in Anambra State.

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