DACCIMA Urges Delta To Grant Loans To SMEs

The Delta State Association of Chambers of Commerce, Industry, Mines and Agriculture (DACCIMA), has pleaded with the Delta Government to grant credit facilities to Small and Medium-Scale Enterprises (SMEs) .
The association also appealed to the government to take urgent measures to improve power supply and other basic infrastructure in the state.
The President of DACCIMA, Chief Uju Udeme, who made the appeal in an interview with  newsmen in Asaba, said that a lack of access to loans and poor state of infrastructure were hampering the sustenance of SMEs in the state.
Udeme said that it was difficult for most “struggling” entrepreneurs in the state to obtain loans from banks to develop their businesses.
He said that many of the entrepreneurs were forced out of business because of inability to access loans.
The DACCIMA president also said that electricity was crucial in the development of the state, noting that if nothing was done to improve power supply, the economy of the state would be adversely affected.
According to him, the poor power situation poses great challenge on the survival of SMEs in the state.
He assured that the association would continue to partner with the State Government to develop the state’s economy.