Business
Discipline In Business Translates To Wealth – Imoke
The Governor of Cross
River State, Senator Liyel Imoke has stated that discipline in business guarantees the future of any business venture.
Imoke disclosed this at the official launch and disbursement ceremony of the two billion naira fund for Micro, Small and Medium Enterprise Development Fund, (MSMEDF), organised by the Microfinance and Enterprise Development Agency (MEDA), at the Transcorp Hotel, in Calabar.
The Governor admonished the beneficiaries of the MSMEDF fund to ensure that their businesses grow, stating that, “you are tremendous beneficiaries of this fund which has only six percent interest and cannot be obtainable anywhere in the country.”
He expressed hope that through this vision of nurturing and empowering the youth, there would be the emergence of new Dangotes, Cosharis and their likes, adding that in no distant future Cross River State would be transformed into an enterprise development State.
He, however, prayed that the incoming administration would sustain this venture to make Cross River State an investment destination which would enhance the revenue of the State and also, create opportunity for employment.
Also speaking, the Director General of the Microfinance and Enterprise Development Agency, (MEDA), Mr. Ignatius Atsu, thanked his Excellency, Senator Liyel Imoke for his Vision and empowerment efforts, stating that, “it is not in every State that there is the privilege of having an institutional and legal framework to back up the entrepreneurial activities that could be highly appreciated by citizens like that of Cross River State”.
Mr. Atsu commended the successful microfinance banks and their beneficiaries for scaling through the rigorous Central Bank of Nigeria (CBN) selection process, urging them to utilize the funds for the purpose for which it was meant. He called on the people to take advantage of the opportunity as the process of selecting those that would meet the CBN requirement is on-going.
The Director General advised Cross Riverians to key into the programme and come forward with very innovative and organised ideas that would help move the State forward.
High points of the occasion were the disbursement and presentation of cheques to beneficiaries from various Micro Finance Banks namely; the UNICAL, Ekondo, and Ogoja Micro Finance Banks, amongst others.
The occasion also featured, a group photograph by all beneficiaries of the MSMEDF fund with his Excellency, Senator Liyel Imoke.
Friday Nwagbara