The Katsina State Government has disbursed over ₦207 million to support small businesses across the state. According to the Katsina State Enterprise Development Agency, a total of ₦207,769,675.37 was released to 79 Micro, Small, and Medium Enterprises under the KASEDA–Bank of Industry Managed Loan Initiative. The programme is aimed at improving access to finance for MSMEs and boosting economic activities.
This latest release marks the fifth tranche of funds issued through the KASEDA BOI Loan Programme. Officials noted that it reflects the ongoing commitment of the administration of His Excellency, Governor Dikko Umaru Radda, PhD, CON, to expand economic opportunities for citizens and support local businesses. The initiative is described as a significant step toward encouraging enterprise growth, creating employment, and strengthening the economy of Katsina State.
KASEDA said it remains dedicated to empowering MSME operators and driving sustainable development across the state. Speaking on behalf of Governor Radda, the Director General of KASEDA, Dr. Babangida Kabir Ruma, congratulated the beneficiaries and expressed confidence in the impact of the intervention. He stated that the funds are expected to support measurable expansion, better productivity, and meaningful contributions to the state’s economy.
The list of the 79 beneficiaries has been attached for public record.
