Katsina, BOI disburse N303.5m to 126 small businesses

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By Paulinus Sunday

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Katsina State Government has reaffirmed its commitment to enterprise development and inclusive economic growth through the disbursement of ₦303.5 million to 126 qualified businesses across the state. The initiative, carried out by the Katsina State Enterprise Development Agency (KASEDA) in partnership with the Bank of Industry (BOI), marks the third phase of support for local entrepreneurs.

The fund is part of Governor Dikko Umaru Radda’s continuous effort to strengthen micro, small, and medium enterprises (MSMEs), boost productivity, and create more job opportunities in key sectors of Katsina’s economy. The program is designed to enhance entrepreneurship development, support business expansion, and foster financial inclusion.

Speaking on the development, the Head of Public Relations Unit at KASEDA, Hauwa Ibrahim Jikamshi, said the initiative reflects Governor Radda’s strong vision of building a self-reliant and economically vibrant Katsina through enterprise-driven reforms.

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“This initiative is yet another demonstration of Governor Radda’s unwavering commitment to empowering the people of Katsina. The disbursement represents a major step in nurturing homegrown entrepreneurs, expanding the job market, and promoting sustainable business growth across the state,” Jikamshi stated.

She explained that the collaboration between KASEDA and the Bank of Industry continues to yield meaningful results in promoting innovation, supporting small-scale industries, and expanding financial access for business owners.

“The beneficiaries are expected to use the funds responsibly to grow their businesses, improve productivity, and contribute meaningfully to the diversification and long-term stability of the state’s economy,” she emphasized.

Under the leadership of Hajiya Aisha Aminu, KASEDA has remained a major driver of Governor Radda’s economic transformation agenda. The agency continues to design and implement strategic programs that provide entrepreneurs with access to funding, mentorship, and essential business development services.

Hajiya Aisha Aminu has repeatedly emphasized the importance of supporting local businesses to reduce unemployment, tackle poverty, and bridge the economic gap between rural and urban communities.

“This disbursement reflects Governor Radda’s firm belief that small businesses form the foundation of every thriving economy. We are pleased to see more enterprises gaining access to the financial support they need to grow and succeed,” she said in a separate remark.

Over the past two years, the administration of Governor Dikko Umaru Radda has implemented several empowerment programs aimed at strengthening Katsina’s entrepreneurial ecosystem. These include specialized training for youth and women entrepreneurs, market linkage support, and capacity-building initiatives facilitated through KASEDA and development partners.

The recent disbursement of ₦303.5 million highlights the government’s deliberate efforts to promote sustainable enterprise growth and position Katsina’s local businesses to compete effectively at both national and regional levels.

With continued collaboration between the state government, financial institutions, and private-sector partners, Katsina is gradually emerging as a vibrant hub for innovation, entrepreneurship, and inclusive economic progress.

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