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Obiano Flags-off ASBA, Disburse Funds to MSMEs


Obiano Flags-off ASBA, Disburse Funds to MSMEs

June 11, 2015

History was made today with the Flag-Off of the Anambra Small Business Agency (ASBA) and Central Bank of Nigeria (CBN), Micro, Small and Medium Enterprise Development Fund Scheme by the governor of Anambra State, Chief Willie Obiano at the Governorís Lodge Amawbia.

Some beneficiary firms engaged in bakery & beverage production, PVC pipe manufacturing, poultry & fish feed production, production of steel & associated materials, and production of aluminium cooking pots received their cheques at the event.

The Managing Director/CEO of ASBA, Mr. Clement Chukwuka confirmed that these funds are not free but are being provided to beneficiaries at a flat rate of 9% without hidden charges.


Anambra: Light of the Nation

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