By By Elizabeth Ugbo
The Federal Government, in partnership with the Bank of Industry (BOI) and the Nigerian Association of Small Scale Industrialists (NASSI), has opened the application portal for the ₦75 billion MSME Intervention Fund to support eligible Micro, Small, and Medium Enterprises (MSMEs) across Nigeria. The programme aims to provide accessible financing for business expansion, boost productivity, create jobs, and drive economic growth. Interested entrepreneurs with registered businesses can now apply through the official portal before the application deadline.
Federal Government Expands Support for MSMEs
The Federal Government launched the intervention fund to strengthen Nigeria’s MSME sector through improved access to finance.
The initiative targets registered businesses that require financial assistance to expand operations, increase production, and improve competitiveness.
By providing affordable funding, the government seeks to empower entrepreneurs while stimulating economic development nationwide.
Who Can Apply?
The programme is open to eligible Micro, Small, and Medium Enterprises operating legally in Nigeria.
Applicants must have registered businesses and meet the eligibility requirements outlined on the official application portal.
Business owners are encouraged to review the application guidelines carefully before submitting their forms.
How to Apply
Eligible entrepreneurs should complete their applications through the official intervention fund portal before the application window closes.
Applicants should ensure they provide accurate information and all required supporting documents to avoid delays during the review process.
Early submission may help applicants complete the process without last-minute challenges.
Why the Fund Matters
MSMEs remain the backbone of Nigeria’s economy, contributing significantly to employment and economic development.
The ₦75 billion intervention fund is expected to improve access to capital, encourage business growth, and support the creation of more jobs across different sectors.
The initiative also aligns with the Federal Government’s efforts to promote entrepreneurship and sustainable economic growth.
