Jigawa, Bank of Industry sign N6 billion MoU

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By Ahmad Alabira, Dutse

Jigawa State Government on Tuesday signed N6 billion Memorandum of Understanding ( MOU) with Bank of Industry (BOI) to facilitate access to soft loan for medium and small scale business in the state.

The event held at Government House Dutse, Governor Umar Namadi said the project is a milestone in his government journey toward poverty eradication, Job creation, growth and development.

“Empowering people through their own business of choice is one of the strategy they adopted for accelerating growth and development in the state and Bank of Industry are potential and key partners in achieving it.

“With this MOU we have now promised to joined hands with the BOI to facilitate access to soft loan to our small, medium and even large scale business in the state.

“We are very happy today we have BOI branch in our state, while all relevant state government agencies are fully engaged to enlighten the Jigawa citizens and support them to access the opportunities in the bank,” Namadi stressed.

While the Executive Director Small and Medium Enterprise (SMEs) Bank of Industry, Alhaji Shekarau Umar said, the N6 billion MOU signed with Jigawa state government is the biggest MOU ever signed with any state in the country.

“In the last 13 years they have been writing letters and paying advocacy for the establishment of the bank in Jigawa state but no positive response.

“However within six months of such engagement with Governor Umar Namadi the BOI dreams become a reality,” Umar added.

He also commended Namadi for being a man of his words and commitment to empower Jigawa people for achieving poverty eradication, jobs creation, growth and sustainable development.

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“As we signed this MOU and also commission our Dutse branch today, we assure Jigawa state government of our commitment to work at any level for achieving the desire goals,” he concluded.

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