Effort

NASSI facilitates 75 billion Naira loan to its members

Published

6 months ago

October 25, 2024

By Our Correspondent

The Nigeria Association of Small Scale Industrialists (NASSI), has signed a memurandum with the Bank of Industry, to facilitates 75 billion Naira loan to its members.

The National President of the association Chief Dr. Solomon Daniel Vonfa, signed the memorandum on behalf of his members, while the Managing Director of the Bank of industry Dr. Olasupo Olusi, signed to start the process.

Giving details to Newsman on the memorandum the General Treasurer of NASSI Dr. Abubakar Tanko Bala said the purpose of the program is to improve their businesses.

He added that the three-tier system has been implemented, so that the first part will be given a loan of 75 billion naira to large industries, while the small and medium industries will also benefit from 75 billion naira, and local entrepreneurs (Nano Program) will also be given 50 billion Naira.

In addition, the group expressed its great happiness, based on the Bank’s assurance that they will issue the schedule of those who will benefit from this 75 billion naira loan scheme for small and medium industries across the country.

Also, the agreement includes how to raise awareness among the small and medium industries and review how they can improve their business or companies across the country.

According to Dr. Tanko, “This program is one of the good resolutions of the President, Bola Ahmed Tinubu, to seek a solution for the poor people of the country as a result of the situation they find themselves due to the economic pressure and disruption”.

The association requested all its members in the 36 states of Nigeria and the capital city of Abuja to join this process as soon as possible so that they can benefit from the program ti improve their businesses and the economy of the country.

The General Treasurer of the group hopes that the loan will be use meant for, and return it within the specified period

Effort

Update: Nabeel Jamil Safely Reunited with Family After Intense Search Effort

Published

8 months ago

September 1, 2024

DailyFact Desk

By Our Correspondent

In a heartwarming turn of events, Nabeel Jamil, who was reported missing earlier this week, has been found safe and has been reunited with his family. The news has brought immense relief to his loved ones and the entire community that rallied behind the search efforts.

The Jamil family expressed their deepest gratitude to everyone who showed concern, offered prayers, and actively participated in the search. Their collective support was instrumental in ensuring Nabeel’s safe return.

“We are overwhelmed with gratitude for the incredible support we received from the community,” said the Jamil family in a statement. “Your swift actions, prayers, and encouragement made all the difference in bringing Nabeel back home. We are truly blessed to have such a caring and compassionate community.”

The search for Nabeel, which involved local authorities, volunteers, and community members, was a testament to the power of collective effort. The family credits this coordinated response for the positive outcome.

While the details surrounding Nabeel’s disappearance and subsequent recovery remain private, the family is thankful for the overwhelming show of support and asks for continued respect for their privacy as they focus on healing and moving forward.

This incident serves as a reminder of the strength and resilience of community bonds, and the Jamil family is deeply appreciative of everyone who played a part in reuniting them with their beloved Nabeel.