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Economic Development – Ivo Chairman Receives State Ministry of Commerce Officials, Arranged for Equitable Loan Distribution

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Economic Development – Ivo Chairman Receives State Ministry of Commerce Officials, Arranged for Equitable Loan Distribution

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In a bid to gear up the business system in ivo LGA that comprises small and medium enterprises (SME’s) and align with the state plans of ministry of commerce and Industry in boasting the general force of economic growth and sustainability.

The national award winning Council chairman of Ivo local government area, Hon. Chief Ajah Emmanuel Ogbonna (Confirm) earlier yesterday, 14/9/2023 welcomed state officials of ministry of commerce and Industry in the council headquarter and organised a level play of distribution of the state free interest loan form to process the proper disbursement and accurate numbers of SME’s to access the loan from state government.

The free interest state loan is part of the 50 million naira disbursement to every state of federation from the Central Bank of Nigeria and refundable after 6 six months of use.

Interestingly, the council chairman was quick to recount the various programmes” of Ebonyi State governor, His Excellency Rt. Hon. Francis Ogbonna Nwifuru FNIOB GGCEHF in line with his campaign promises to change the low standards of life of Ebonyians and deeply appreciate his effort that has draw recognition and emulation from other state governors of the federation.

Comr. Ejiofor Egu
(Press Secretary to Executive Chairman)

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