Home News Tambuwal to disburse N2 billion loan to Sokoto business community

Tambuwal to disburse N2 billion loan to Sokoto business community

Tambuwal to disburse N2 billion loan to Sokoto business community

FRIDAY OBOH, Sokoto

Governor Aminu Waziri Tambuwal of Sokoto State has said his administration would soon disburse the two billon Naira loan it signed with the Bank of Industry (BoI) to members of business community in the state.

Disclosing during an interactive session with the executive members of the state chamber of commerc, Tambuwal said the loan was already available as both the state government and BoI have paid one billion Naira each as counterpart funding.

He said t”he delay experienced in disbursing the loan to the beneficiaries was to ensure that the money gets to the right people, said the monies are.not meant for political patronage but rather to assist genuine business men and women to boost their business activities.

The Governor directed the state ministry of lands and housing to identify a suitable land for the establishment of a new industrial layout in Sokoto.He, therefore, assured the business community that those of them wishing to establish small, medium and large scale industries would be allocated lands.

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