Delta State government says plans are on top gear in collaborating with Bank of Industries to secure interest free soft loans for market women and small and medium entrepreneurs across the state.
The Commissioner for Trade and Investments Honourable Chika Ossai disclosed this while speaking to newsmen on the work plan of the Ministry in the 2020 fiscal year.
Honourable Chika Ossai, who stated that the welfare of market women and small and medium entrepreneurs was of paramount importance to the State Governor, added that the process of paying back was the issue delaying the plan as most people took such loans in the past as their share of national cake.
On the achievement of the ministry and the prospects for the year 2020 ,the Commissioner said seventy percent of this year budget would go to on- going projects as government was committed to ensuring that all projects were completed before awarding new ones.
The Trade and Investment Commissioner said all on going market projects across the state wouldl be delivered before mid year.
On the kwale industrial Park, Honourable Chika Ossai said the state wss making frantic efforts to woo more investors to the industrial park, adding that the investment trips to China and USA were paying off.
He further disclosed that the state government had approved the conception of the Ika fish feed mill with foreign investors, while a Memorandum of Understanding between the state government and the investors would soon be signed.
The Commissioner decried the low response of cooperative societies to the ongoing recertification exercise, but expressed optimism that at the end of the exercise the desired result would be achieved.
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